Property Prices in Carmel, IN, United States
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| Index |  |
|---|---|
| Price to Income Ratio: | 1.40 |
| Mortgage as Percentage of Income: | 12.90% |
| Loan Affordability Index: | 7.75 |
| Price to Rent Ratio - City Centre: | 6.00 |
| Price to Rent Ratio - Outside of Centre: | 7.13 |
| Gross Rental Yield (City Centre): | 16.66% |
| Gross Rental Yield (Outside of Centre): | 14.02% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,490.00 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,250.00 $ | |
| Apartment (3 bedrooms) in City Centre | 2,520.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,925.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 176.33 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 168.98 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 6,624.44 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.85 |
These data are based on 65 entries in the past 18 months from 24 different contributors.
Last update: March 2025
Sources and References
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Nearby cities:| Property Prices in Indianapolis, Indiana | 17.90 miles |
| Property Prices in Bloomington, Indiana | 76.36 miles |
| Property Prices in Fort Wayne, Indiana | 116.88 miles |
| Property Prices in Cincinnati, Ohio | 122.39 miles |
| Property Prices in Champaign, Illinois | 123.60 miles |
| Property Prices in Dayton, Ohio | 124.19 miles |
| Property Prices in Clarksville, Indiana | 128.65 miles |
| Property Prices in Louisville, Kentucky | 132.61 miles |
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