Property Prices in Charlotte, NC, United States

Index Info
Price to Income Ratio: 4.28
Mortgage as Percentage of Income: 38.28%
Loan Affordability Index: 2.61
Price to Rent Ratio - City Centre: 10.58
Price to Rent Ratio - Outside of Centre: 8.54
Gross Rental Yield (City Centre): 9.45%
Gross Rental Yield (Outside of Centre): 11.72%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,997.06 $ 1,550.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,679.56 $ 1,400.00-2,000.00
Apartment (3 bedrooms) in City Centre 4,159.12 $ 2,900.00-5,600.00
Apartment (3 bedrooms) Outside of Centre 2,728.61 $ 2,000.00-3,440.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 458.54 $ 319.00-679.99
Price per Square Feet to Buy Apartment Outside of Centre 277.83 $ 217.02-330.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,628.44 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.49 5.91-6.80

These data are based on 214 entries in the past 18 months from 49 different contributors.
Last update: November 2024

Sources and References
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