Property Prices in Winston-Salem, NC, United States

Index Info
Price to Income Ratio: 10.22
Mortgage as Percentage of Income: 92.29%
Loan Affordability Index: 1.08
Price to Rent Ratio - City Centre: 35.9
Price to Rent Ratio - Outside of Centre: 25.33
Gross Rental Yield (City Centre): 2.79%
Gross Rental Yield (Outside of Centre): 3.95%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,362.5 $ 850.0-2,000.0
Apartment (1 bedroom) Outside of Centre 970.0 $ 600.0-1,500.0
Apartment (3 bedrooms) in City Centre 1,950.0 $ 1,600.0-3,500.0
Apartment (3 bedrooms) Outside of Centre 1,450.0 $ 1,200.0-2,900.0
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 899.99 $
Price per Square Feet to Buy Apartment Outside of Centre 460.0 $
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,580.25 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.61 6.19-6.8

These data are based on 54 entries in the past 18 months from 19 different contributors.
Last update: October 2024

Sources and References
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