Property Prices in Richmond, VA, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 3.80 |
| Mortgage as Percentage of Income: | 26.70% |
| Loan Affordability Index: | 3.74 |
| Price to Rent Ratio - City Centre: | 16.73 |
| Price to Rent Ratio - Outside of Centre: | 6.30 |
| Gross Rental Yield (City Centre): | 5.98% |
| Gross Rental Yield (Outside of Centre): | 15.88% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,166.89 $ | |
| Apartment (1 bedroom) Outside of Centre | 965.61 $ | |
| Apartment (3 bedrooms) in City Centre | 1,986.12 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,708.71 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 386.12 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 122.33 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,596.00 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.60 |
These data are based on 202 entries in the past 18 months from 43 different contributors.
Last update: June 2021
Sources and References
Nearby cities:| Property Prices in Fredericksburg, Virginia | 57.45 miles |
| Property Prices in Yorktown, Virginia | 64.79 miles |
| Property Prices in Newport News, Virginia | 71.33 miles |
| Property Prices in Norfolk, Virginia | 94.80 miles |
| Property Prices in Chesapeake, Virginia | 101.42 miles |
| Property Prices in Arlington, Virginia | 104.87 miles |
| Property Prices in Washington, District Of Columbia | 106.82 miles |
| Property Prices in Lexington Park, Maryland | 109.23 miles |
| Property Prices in Virginia Beach, Virginia | 110.13 miles |
| Property Prices in Chevy Chase, Maryland | 113.79 miles |
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