Property Prices in Springfield, MO, United States

Index Info
Price to Income Ratio: 2.75
Mortgage as Percentage of Income: 20.77%
Loan Affordability Index: 4.82
Price to Rent Ratio - City Centre: 14.87
Price to Rent Ratio - Outside of Centre: 6.64
Gross Rental Yield (City Centre): 6.72%
Gross Rental Yield (Outside of Centre): 15.07%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 596.43 $ 450.00-700.00
Apartment (1 bedroom) Outside of Centre 625.00 $ 475.00-1,000.00
Apartment (3 bedrooms) in City Centre 941.67 $ 650.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 893.75 $ 600.00-1,250.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 169.86 $ 102.30-258.09
Price per Square Feet to Buy Apartment Outside of Centre 76.31 $ 68.80-110.00
Salaries And Financing
Average Monthly Net Salary (After Tax) 2,413.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.46 4.00-4.54

These data are based on 98 entries in the past 18 months from 24 different contributors.
Last update: December 2020

Sources and References
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