Property Prices in Binghamton, NY, United States

Index Info
Price to Income Ratio: 1.67
Mortgage as Percentage of Income: 15.06%
Loan Affordability Index: 6.64
Price to Rent Ratio - City Centre: 4.76
Price to Rent Ratio - Outside of Centre: 6.39
Gross Rental Yield (City Centre): 21.00%
Gross Rental Yield (Outside of Centre): 15.65%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,150.00 $ 800.00-1,600.00
Apartment (1 bedroom) Outside of Centre 887.50 $ 700.00-1,200.00
Apartment (3 bedrooms) in City Centre 2,112.50 $ 1,400.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,537.50 $ 1,300.00-1,750.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 112.01 $ 110.00-116.03
Price per Square Feet to Buy Apartment Outside of Centre 113.02 $ 110.00-116.03
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,617.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.56 6.19-6.80

These data are based on 43 entries from 10 contributors over the past 18 months.
Last update: 10 May 2025

Sources and References
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