Property Prices in Salem, MA, United States

Index Info
Price to Income Ratio: ?
Mortgage as Percentage of Income: ?
Loan Affordability Index: ?
Price to Rent Ratio - City Centre: 11.00
Price to Rent Ratio - Outside of Centre: 12.40
Gross Rental Yield (City Centre): 9.09%
Gross Rental Yield (Outside of Centre): 8.06%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 2,366.67 $ 2,000.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,966.67 $ 1,600.00-2,500.00
Apartment (3 bedrooms) in City Centre 3,766.67 $ 2,800.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,833.33 $ 2,200.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 500.00 $
Price per Square Feet to Buy Apartment Outside of Centre 450.00 $
Salaries And Financing
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Average Monthly Net Salary (After Tax) ?
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate ?

These data are based on 16 entries in the past 18 months from 4 different contributors.
Last update: November 2024

Sources and References
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