Property Prices in Winston-Salem, NC, United States

Index Info
Price to Income Ratio: 2.14
Mortgage as Percentage of Income: 15.62%
Loan Affordability Index: 6.40
Price to Rent Ratio - City Centre: 7.22
Price to Rent Ratio - Outside of Centre: 4.16
Gross Rental Yield (City Centre): 13.84%
Gross Rental Yield (Outside of Centre): 24.02%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,271.43 $ 800.00-1,600.00
Apartment (1 bedroom) Outside of Centre 806.25 $ 600.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,930.00 $ 1,700.00-2,990.00
Apartment (3 bedrooms) Outside of Centre 1,200.00 $ 950.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 173.04 $ 131.89-236.08
Price per Square Feet to Buy Apartment Outside of Centre 62.75 $ 60.11-64.16
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,962.35 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.03 3.50-4.50

These data are based on 89 entries in the past 18 months from 25 different contributors.
Last update: March 2021

Sources and References
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