Property Prices in Somerset, KY, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 1.83 |
| Mortgage as Percentage of Income: | 14.51% |
| Loan Affordability Index: | 6.89 |
| Price to Rent Ratio - City Centre: | 13.27 |
| Price to Rent Ratio - Outside of Centre: | 13.59 |
| Gross Rental Yield (City Centre): | 7.54% |
| Gross Rental Yield (Outside of Centre): | 7.36% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| 1 Bedroom Apartment in City Centre | 600.00 $ | |
| 1 Bedroom Apartment Outside of City Centre | 575.00 $ | |
| 3 Bedroom Apartment in City Centre | 1,000.00 $ | |
| 3 Bedroom Apartment Outside of City Centre | 1,000.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 155.98 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 155.98 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,583.33 $ | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 5.00 |
These data are based on 10 entries from 2 contributors over the past 18 months.
Last update: 20 December 2024
Sources and References
Nearby Cities:| Property Prices in Lexington, Kentucky | 76.74 miles |
| Property Prices in Louisville, Kentucky | 126.70 miles |
| Property Prices in Knoxville, Tennessee | 129.07 miles |
| Property Prices in Cincinnati, Ohio | 157.47 miles |
| Property Prices in Nashville, Tennessee | 172.58 miles |
| Property Prices in Dayton, Ohio | 210.91 miles |
| Property Prices in Bloomington, Indiana | 228.05 miles |
| Property Prices in Asheville, North Carolina | 242.64 miles |
| Property Prices in Huntsville, Alabama | 244.04 miles |
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