Property Prices in Springfield, MO, United States
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| Index |  |
|---|---|
| Price to Income Ratio: | 3.02 |
| Mortgage as Percentage of Income: | 27.17% |
| Loan Affordability Index: | 3.68 |
| Price to Rent Ratio - City Centre: | 8.75 |
| Price to Rent Ratio - Outside of Centre: | 10.40 |
| Gross Rental Yield (City Centre): | 11.43% |
| Gross Rental Yield (Outside of Centre): | 9.61% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 940.00 $ | |
| Apartment (1 bedroom) Outside of Centre | 841.25 $ | |
| Apartment (3 bedrooms) in City Centre | 1,675.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,298.33 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Meter to Buy Apartment in City Centre | 1,786.67 $ | |
| Price per Square Meter to Buy Apartment Outside of Centre | 1,786.67 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 2,962.63 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.59 |
These data are based on 72 entries from 28 contributors over the past 18 months.
Last update: April 2025
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