Property Prices in Richmond, VA, United States

Index Info
Price to Income Ratio: 3.14
Mortgage as Percentange of Income: 23.67%
Loan Affordability Index: 4.22
Price to Rent Ratio - City Centre: 10.18
Price to Rent Ratio - Outside of Centre: 6.04
Gross Rental Yield (City Centre): 9.82%
Gross Rental Yield (Outside of Centre): 16.56%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,198.84 $ 850.00-1,315.50
Apartment (1 bedroom) Outside of Centre 898.57 $ 750.00-1,227.80
Apartment (3 bedrooms) in City Centre 1,700.00 $ 1,250.00-2,300.00
Apartment (3 bedrooms) Outside of Centre 1,327.27 $ 1,050.00-1,800.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 223.78 $ 100.00-243.14
Price per Square Feet to Buy Apartment Outside of Centre 101.14 $ 83.40-115.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,780.99 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.40 3.88-4.62

These data are based on 93 entries in the past 18 months from 18 different contributors.
Last update: April 2019

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