Property Prices in Springfield, IL, United States

Index Info
Price to Income Ratio: 4.34
Mortgage as Percentage of Income: 32.39%
Loan Affordability Index: 3.09
Price to Rent Ratio - City Centre: 7.25
Price to Rent Ratio - Outside of Centre: 34.13
Gross Rental Yield (City Centre): 13.80%
Gross Rental Yield (Outside of Centre): 2.93%

We need more contributors for Springfield, IL to increase our data quality.

Do you live in Springfield, IL? Add data for Springfield, IL

Consider looking into aggregate data for Average in United States

Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 762.50 $ 650.00-1,000.00
Apartment (1 bedroom) Outside of Centre 575.00 $ 400.00-750.00
Apartment (3 bedrooms) in City Centre 1,200.00 $ 1,100.00-1,600.00
Apartment (3 bedrooms) Outside of Centre 984.00 $ 700.00-1,300.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 105.67 $ 100.00-108.50
Price per Square Feet to Buy Apartment Outside of Centre 388.97 $ 30.87-1,299.99
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 3,068.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.30 3.50-4.54

These data are based on 60 entries in the past 18 months from 19 different contributors.
Last update: July 2020

Sources and References
Sign up for our newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far