Property Prices in Charlotte, NC, United States

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Index Info
Price to Income Ratio: 3.83
Mortgage as Percentage of Income: 34.40%
Loan Affordability Index: 2.91
Price to Rent Ratio - City Centre: 9.27
Price to Rent Ratio - Outside of Centre: 8.02
Gross Rental Yield (City Centre): 10.79%
Gross Rental Yield (Outside of Centre): 12.47%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,954.17 $ 1,550.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,605.23 $ 1,318.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,918.93 $ 2,700.00-6,000.00
Apartment (3 bedrooms) Outside of Centre 2,606.56 $ 2,000.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 386.06 $ 243.13-679.99
Price per Square Feet to Buy Apartment Outside of Centre 249.51 $ 217.02-330.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,468.33 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.56 6.19-7.00

These data are based on 179 entries in the past 18 months from 36 different contributors.
Last update: March 2025

Sources and References
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