Property Prices in Richmond, VA, United States

Index Info
Price to Income Ratio: 2.95
Mortgage as Percentange of Income: 22.07%
Loan Affordability Index: 4.53
Price to Rent Ratio - City Centre: 9.90
Price to Rent Ratio - Outside of Centre: 6.08
Gross Rental Yield (City Centre): 10.11%
Gross Rental Yield (Outside of Centre): 16.44%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,200.46 $ 900.00-1,315.50
Apartment (1 bedroom) Outside of Centre 912.86 $ 750.00-1,227.80
Apartment (3 bedrooms) in City Centre 1,660.00 $ 1,250.00-2,200.00
Apartment (3 bedrooms) Outside of Centre 1,292.50 $ 1,000.00-1,800.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 215.67 $ 160.00-243.14
Price per Square Feet to Buy Apartment Outside of Centre 101.73 $ 83.40-120.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,894.70 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.33 3.75-4.62

These data are based on 88 entries in the past 18 months from 15 different contributors.
Last update: January 2019

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