Property Prices in Salinas, CA, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 2.65 |
| Mortgage as Percentage of Income: | 23.97% |
| Loan Affordability Index: | 4.17 |
| Price to Rent Ratio - City Centre: | 7.08 |
| Price to Rent Ratio - Outside of Centre: | 5.99 |
| Gross Rental Yield (City Centre): | 14.13% |
| Gross Rental Yield (Outside of Centre): | 16.7% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,000.0 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,800.0 $ | |
| Apartment (3 bedrooms) in City Centre | 3,266.67 $ | |
| Apartment (3 bedrooms) Outside of Centre | 3,125.0 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 275.0 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 215.0 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,970.5 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.62 |
These data are based on 13 entries in the past 18 months from 3 different contributors.
Last update: May 2024
Sources and References
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