Property Prices in Lubbock, TX, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 2.03 |
| Mortgage as Percentage of Income: | 18.37% |
| Loan Affordability Index: | 5.44 |
| Price to Rent Ratio - City Centre: | 6.71 |
| Price to Rent Ratio - Outside of Centre: | 9.82 |
| Gross Rental Yield (City Centre): | 14.91% |
| Gross Rental Yield (Outside of Centre): | 10.19% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,100.00 $ | |
| Apartment (1 bedroom) Outside of Centre | 716.67 $ | |
| Apartment (3 bedrooms) in City Centre | 1,700.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,237.50 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 140.00 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 140.00 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,712.54 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.65 |
These data are based on 44 entries in the past 18 months from 18 different contributors.
Last update: December 2024
Sources and References
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