Property Prices in Boston, MA, United States

Index Info
Price to Income Ratio: 8.59
Mortgage as Percentage of Income: 60.87%
Loan Affordability Index: 1.64
Price to Rent Ratio - City Centre: 21.50
Price to Rent Ratio - Outside of Centre: 14.67
Gross Rental Yield (City Centre): 4.65%
Gross Rental Yield (Outside of Centre): 6.82%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,683.20 $ 2,300.00-3,300.00
Apartment (1 bedroom) Outside of Centre 1,936.66 $ 1,500.00-2,350.00
Apartment (3 bedrooms) in City Centre 4,293.88 $ 3,500.00-6,500.00
Apartment (3 bedrooms) Outside of Centre 2,930.00 $ 2,500.00-4,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,110.73 $ 799.99-1,460.76
Price per Square Feet to Buy Apartment Outside of Centre 534.37 $ 367.25-799.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,156.25 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.71 3.00-4.65

These data are based on 267 entries in the past 18 months from 42 different contributors.
Last update: March 2021

Sources and References
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