Property Prices in Chattanooga, TN, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 3.13 |
| Mortgage as Percentage of Income: | 27.97% |
| Loan Affordability Index: | 3.58 |
| Price to Rent Ratio - City Centre: | 8.08 |
| Price to Rent Ratio - Outside of Centre: | 8.32 |
| Gross Rental Yield (City Centre): | 12.37% |
| Gross Rental Yield (Outside of Centre): | 12.02% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,433.33 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,274.17 $ | |
| Apartment (3 bedrooms) in City Centre | 3,137.50 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,125.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 257.72 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 207.72 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,001.65 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.48 |
These data are based on 76 entries in the past 18 months from 25 different contributors.
Last update: February 2025
Sources and References
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