Property Prices in Berkeley, CA, United States

Index Info
Price to Income Ratio: 8.61
Mortgage as Percentage of Income: 64.65%
Loan Affordability Index: 1.55
Price to Rent Ratio - City Centre: 18.28
Price to Rent Ratio - Outside of Centre: 12.73
Gross Rental Yield (City Centre): 5.47%
Gross Rental Yield (Outside of Centre): 7.86%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,513.33 $ 2,200.00-3,284.00
Apartment (1 bedroom) Outside of Centre 2,211.67 $ 1,500.00-2,900.00
Apartment (3 bedrooms) in City Centre 4,593.75 $ 3,650.00-5,500.00
Apartment (3 bedrooms) Outside of Centre 3,693.75 $ 2,850.00-5,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 937.70 $ 500.00-1,425.80
Price per Square Feet to Buy Apartment Outside of Centre 551.98 $ 379.45-849.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,655.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.37 3.00-5.00

These data are based on 132 entries in the past 18 months from 27 different contributors.
Last update: January 2021

Sources and References
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