Property Prices in Frederick, MD, United States

Index
Price to Income Ratio:	2.39
Mortgage as Percentage of Income:	20.99%
Loan Affordability Index:	4.77
Price to Rent Ratio - City Centre:	6.93
Price to Rent Ratio - Outside of Centre:	6.73
Gross Rental Yield (City Centre):	14.42%
Gross Rental Yield (Outside of Centre):	14.85%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,683.33 $	1,300.00-2,000.00
Apartment (1 bedroom) Outside of Centre	1,475.00 $	1,200.00-1,800.00
Apartment (3 bedrooms) in City Centre	2,871.67 $	2,665.00-3,150.00
Apartment (3 bedrooms) Outside of Centre	2,616.67 $	2,400.00-2,950.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	231.00 $
Price per Square Feet to Buy Apartment Outside of Centre	200.00 $
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	4,861.54 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.29	6.00-6.70

These data are based on 46 entries in the past 18 months from 20 different contributors.
Last update: November 2024

Sources and References

Nearby cities:

Property Prices in Bethesda, Maryland	38.25 miles
Property Prices in Silver Spring, Maryland	40.64 miles
Property Prices in Washington, District of Columbia	45.92 miles
Property Prices in Arlington, Virginia	48.81 miles
Property Prices in Baltimore, Maryland	49.93 miles
Property Prices in Fairfax, Virginia	50.72 miles
Property Prices in Alexandria, Virginia	54.75 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	64,600.00
GDP Growth Rate:	1.94%
Population Growth Rate:	0.68%