Property Prices in Riverside, CA, United States

Index Info
Price to Income Ratio: 6.94
Mortgage as Percentage of Income: 51.35%
Loan Affordability Index: 1.95
Price to Rent Ratio - City Centre: 22.72
Price to Rent Ratio - Outside of Centre: 9.35
Gross Rental Yield (City Centre): 4.40%
Gross Rental Yield (Outside of Centre): 10.69%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,610.58 $ 1,500.00-1,850.00
Apartment (1 bedroom) Outside of Centre 1,409.66 $ 1,401.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,000.00 $ 1,800.00-2,300.00
Apartment (3 bedrooms) Outside of Centre 2,021.43 $ 1,650.00-2,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 638.22 $ 289.11-1,148.29
Price per Square Feet to Buy Apartment Outside of Centre 242.73 $ 239.11-244.90
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,414.61 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.20 2.70-4.54

These data are based on 112 entries in the past 18 months from 27 different contributors.
Last update: February 2021

Sources and References
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