Property Prices in El Paso, TX, United States

Index Info
Price to Income Ratio: 2.67
Mortgage as Percentage of Income: 24.03%
Loan Affordability Index: 4.16
Price to Rent Ratio - City Centre: 8.57
Price to Rent Ratio - Outside of Centre: 9.60
Gross Rental Yield (City Centre): 11.67%
Gross Rental Yield (Outside of Centre): 10.42%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,023.35 $ 950.00-1,200.00
Apartment (1 bedroom) Outside of Centre 850.00 $ 800.00-900.00
Apartment (3 bedrooms) in City Centre 1,629.50 $ 1,268.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,516.67 $ 1,300.00-1,700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 168.51 $ 162.02-180.00
Price per Square Feet to Buy Apartment Outside of Centre 164.76 $ 162.02-166.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,355.06 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.56 6.19-6.80

These data are based on 75 entries in the past 18 months from 25 different contributors.
Last update: December 2024

Sources and References
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