Property Prices in Raleigh, NC, United States

Index Info
Price to Income Ratio: 4.74
Mortgage as Percentage of Income: 42.62%
Loan Affordability Index: 2.35
Price to Rent Ratio - City Centre: 15.66
Price to Rent Ratio - Outside of Centre: 9.03
Gross Rental Yield (City Centre): 6.39%
Gross Rental Yield (Outside of Centre): 11.08%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,827.76 $ 1,400.00-2,400.00
Apartment (1 bedroom) Outside of Centre 1,560.71 $ 1,200.00-1,990.00
Apartment (3 bedrooms) in City Centre 3,121.43 $ 2,300.00-4,200.00
Apartment (3 bedrooms) Outside of Centre 2,437.50 $ 2,000.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 566.73 $ 243.13-998.99
Price per Square Feet to Buy Apartment Outside of Centre 268.54 $ 217.02-590.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,739.05 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.56 6.19-6.81

These data are based on 202 entries in the past 18 months from 42 different contributors.
Last update: January 2025

Sources and References
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