Property Prices in Charlotte, NC, United States

Index Info
Price to Income Ratio: 3.83
Mortgage as Percentage of Income: 34.31%
Loan Affordability Index: 2.91
Price to Rent Ratio - City Centre: 9.24
Price to Rent Ratio - Outside of Centre: 8.42
Gross Rental Yield (City Centre): 10.83%
Gross Rental Yield (Outside of Centre): 11.88%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,911.54 $ 1,500.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,636.67 $ 1,318.00-2,000.00
Apartment (3 bedrooms) in City Centre 4,042.14 $ 2,700.00-6,000.00
Apartment (3 bedrooms) Outside of Centre 2,579.33 $ 2,000.00-3,440.00
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 263.63 $ 217.02-330.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,570.16 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.53 6.15-6.80

These data are based on 181 entries in the past 18 months from 37 different contributors.
Last update: January 2025

Sources and References
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