Property Prices in Binghamton, NY, United States

Index
Price to Income Ratio:	2.80
Mortgage as Percentage of Income:	23.08%
Loan Affordability Index:	4.33
Price to Rent Ratio - City Centre:	7.97
Price to Rent Ratio - Outside of Centre:	11.46
Gross Rental Yield (City Centre):	12.54%
Gross Rental Yield (Outside of Centre):	8.72%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	615.00 $	500.00-1,000.00
Apartment (1 bedroom) Outside of Centre	500.60 $	328.00-680.00
Apartment (3 bedrooms) in City Centre	875.00 $	750.00-1,400.00
Apartment (3 bedrooms) Outside of Centre	775.00 $	600.00-900.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	90.00 $
Price per Square Feet to Buy Apartment Outside of Centre	109.00 $
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	1,910.67 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.47	4.54-8.00

These data are based on 36 entries in the past 18 months from 7 different contributors.
Last update: November 2020

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