Property Prices in East Lansing, MI, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 1.46 |
| Mortgage as Percentage of Income: | 13.09% |
| Loan Affordability Index: | 7.64 |
| Price to Rent Ratio - City Centre: | 7.66 |
| Price to Rent Ratio - Outside of Centre: | 7.14 |
| Gross Rental Yield (City Centre): | 13.05% |
| Gross Rental Yield (Outside of Centre): | 14.01% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,233.33 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,066.67 $ | |
| Apartment (3 bedrooms) in City Centre | 2,050.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,625.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 184.91 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 143.68 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 6,058.33 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.53 |
These data are based on 32 entries in the past 18 months from 5 different contributors.
Last update: December 2024
Sources and References
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