Property Prices in Harrisonburg, VA, United States

Index Info
Price to Income Ratio: 2.39
Mortgage as Percentage of Income: 21.69%
Loan Affordability Index: 4.61
Price to Rent Ratio - City Centre: 8.87
Price to Rent Ratio - Outside of Centre: 10.93
Gross Rental Yield (City Centre): 11.28%
Gross Rental Yield (Outside of Centre): 9.15%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,200.00 $
Apartment (1 bedroom) Outside of Centre 1,100.00 $ 750.00-1,600.00
Apartment (3 bedrooms) in City Centre 1,700.00 $
Apartment (3 bedrooms) Outside of Centre 1,100.00 $
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 195.00 $
Price per Square Feet to Buy Apartment Outside of Centre 195.00 $
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,397.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.70

These data are based on 11 entries in the past 18 months from 3 different contributors.
Last update: October 2024

Sources and References
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