Property Prices in Philadelphia, PA, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 3.74 |
| Mortgage as Percentage of Income: | 33.72% |
| Loan Affordability Index: | 2.97 |
| Price to Rent Ratio - City Centre: | 9.91 |
| Price to Rent Ratio - Outside of Centre: | 9.61 |
| Gross Rental Yield (City Centre): | 10.09% |
| Gross Rental Yield (Outside of Centre): | 10.40% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,776.19 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,302.73 $ | |
| Apartment (3 bedrooms) in City Centre | 3,115.69 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,102.33 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 352.58 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 241.98 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,283.43 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.61 |
These data are based on 187 entries in the past 18 months from 40 different contributors.
Last update: April 2024
Sources and References
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