Property Prices in Tallahassee, FL, United States

Index Info
Price to Income Ratio: 3.05
Mortgage as Percentage of Income: 27.54%
Loan Affordability Index: 3.63
Price to Rent Ratio - City Centre: 7.39
Price to Rent Ratio - Outside of Centre: 6.98
Gross Rental Yield (City Centre): 13.53%
Gross Rental Yield (Outside of Centre): 14.32%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,631.60 $ 1,258.00-2,200.00
Apartment (1 bedroom) Outside of Centre 1,362.67 $ 1,100.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,007.25 $ 2,529.00-3,800.00
Apartment (3 bedrooms) Outside of Centre 2,222.20 $ 1,400.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 246.99 $ 193.98-300.00
Price per Square Feet to Buy Apartment Outside of Centre 184.66 $ 160.00-200.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,806.79 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.61 6.00-7.50

These data are based on 66 entries in the past 18 months from 21 different contributors.
Last update: November 2024

Sources and References
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