Property Prices in South Portland, ME, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 8.67 |
| Mortgage as Percentage of Income: | 83.78% |
| Loan Affordability Index: | 1.19 |
| Price to Rent Ratio - City Centre: | 22.11 |
| Price to Rent Ratio - Outside of Centre: | 13.13 |
| Gross Rental Yield (City Centre): | 4.52% |
| Gross Rental Yield (Outside of Centre): | 7.61% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,950.0 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,550.0 $ | |
| Apartment (3 bedrooms) in City Centre | 3,350.0 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,600.0 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 855.99 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 400.0 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,900.0 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 7.5 |
These data are based on 12 entries in the past 12 months from 2 different contributors.
Last update: December 2023
Sources and References
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Nearby cities:| Property Prices in Portland, Maine | 3.43 miles |
| Property Prices in Boston, Massachusetts | 107.38 miles |
| Property Prices in Cambridge, Massachusetts | 111.71 miles |
| Property Prices in Worcester, Massachusetts | 137.67 miles |
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