Property Prices in Raleigh, NC, United States

Index Info
Price to Income Ratio: 5.69
Mortgage as Percentage of Income: 51.05%
Loan Affordability Index: 1.96
Price to Rent Ratio - City Centre: 17.41
Price to Rent Ratio - Outside of Centre: 9.85
Gross Rental Yield (City Centre): 5.74%
Gross Rental Yield (Outside of Centre): 10.15%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,962.72 $ 1,400.00-2,400.00
Apartment (1 bedroom) Outside of Centre 1,603.24 $ 1,200.00-1,950.00
Apartment (3 bedrooms) in City Centre 3,554.73 $ 2,500.00-4,250.00
Apartment (3 bedrooms) Outside of Centre 2,896.32 $ 2,000.00-3,700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 694.55 $ 250.00-998.99
Price per Square Feet to Buy Apartment Outside of Centre 320.61 $ 217.02-590.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,802.35 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 6.19-6.80

These data are based on 234 entries in the past 18 months from 39 different contributors.
Last update: November 2024

Sources and References
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