Property Prices in Raleigh, NC, United States

Index Info
Price to Income Ratio: 4.55
Mortgage as Percentage of Income: 40.74%
Loan Affordability Index: 2.45
Price to Rent Ratio - City Centre: 14.19
Price to Rent Ratio - Outside of Centre: 8.85
Gross Rental Yield (City Centre): 7.05%
Gross Rental Yield (Outside of Centre): 11.29%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,810.71 $ 1,400.00-2,400.00
Apartment (1 bedroom) Outside of Centre 1,546.15 $ 1,200.00-1,950.00
Apartment (3 bedrooms) in City Centre 3,076.92 $ 2,500.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,427.45 $ 2,000.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 507.61 $ 240.00-998.99
Price per Square Feet to Buy Apartment Outside of Centre 261.54 $ 200.00-590.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,545.50 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.50 6.15-7.00

These data are based on 209 entries from 42 contributors over the past 18 months.
Last update: April 2025

Sources and References
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