Property Market Data for Richmond, VA

Property Index Value
House Price to Income Ratio 3.10
2135
Mortgage as % of Income 23.47
1895
Loan Affordability Index 4.26
314
Price to Rent Ratio City Centre 9.23
2153
Price to Rent Ratio Outside Centre 6.90
2314
Gross Rental Yield City Centre 10.83
378
Gross Rental Yield Outside Centre 14.48
189

Price Per Sq.ft. Value Range
City Centre Apartment Prices 186.49 -
Outside Centre Apartment Prices 109.72 -

Rental Per Month Value Range
Apartment (1 bed) in City Centre 991.79 -
Apartment (1 bed) Outside Centre 805.00 -
Apartment (3 bed) in City Centre 1803.85 -
Apartment (3 bed) Outside Centre 1365.00 -
Price to Rent Ratio City Centre 9.23 9.23 - 9.23
Price to Rent Ratio Outside Centre 6.90 6.90 - 6.90
Gross Rental Yield City Centre 10.83 10.83 - 10.83
Gross Rental Yield Outside Centre 14.48 14.48 - 14.48

Median Income Value Range
Net monthly disposable income 2569.53 -
Annual mortgage interest rate % 4.46 -