Property Prices in Redding, CA, United States

Index Info
Price to Income Ratio: 3.49
Mortgage as Percentage of Income: 31.28%
Loan Affordability Index: 3.2
Price to Rent Ratio - City Centre: 10.26
Price to Rent Ratio - Outside of Centre: 12.64
Gross Rental Yield (City Centre): 9.74%
Gross Rental Yield (Outside of Centre): 7.91%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,233.33 $ 800.0-1,500.0
Apartment (1 bedroom) Outside of Centre 1,000.0 $ 600.0-1,200.0
Apartment (3 bedrooms) in City Centre 2,016.67 $ 1,750.0-2,500.0
Apartment (3 bedrooms) Outside of Centre 1,641.67 $ 1,500.0-1,875.0
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 246.01 $
Price per Square Feet to Buy Apartment Outside of Centre 246.01 $
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,798.0 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 3.75-6.8

These data are based on 41 entries in the past 18 months from 18 different contributors.
Last update: October 2024

Sources and References
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