Property Prices in Berkeley, CA, United States

Index Info
Price to Income Ratio: 8.78
Mortgage as Percentage of Income: 72.05%
Loan Affordability Index: 1.39
Price to Rent Ratio - City Centre: 23.03
Price to Rent Ratio - Outside of Centre: 11.77
Gross Rental Yield (City Centre): 4.34%
Gross Rental Yield (Outside of Centre): 8.50%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,230.00 $ 1,795.00-2,695.00
Apartment (1 bedroom) Outside of Centre 1,775.00 $ 1,500.00-2,900.00
Apartment (3 bedrooms) in City Centre 5,166.67 $ 5,000.00-5,500.00
Apartment (3 bedrooms) Outside of Centre 4,083.33 $ 3,750.00-4,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,175.48 $ 799.99-1,425.80
Price per Square Feet to Buy Apartment Outside of Centre 476.48 $ 379.45-649.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,064.07 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.43 5.00-5.43

These data are based on 43 entries in the past 18 months from 10 different contributors.
Last update: July 2022

Sources and References
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