Property Prices in Binghamton, NY, United States

Index Info
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%

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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

Sources and References
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