Property Prices in Boston, MA, United States

Index Info
Price to Income Ratio: 7.71
Mortgage as Percentage of Income: 69.15%
Loan Affordability Index: 1.45
Price to Rent Ratio - City Centre: 17.82
Price to Rent Ratio - Outside of Centre: 14.75
Gross Rental Yield (City Centre): 5.61%
Gross Rental Yield (Outside of Centre): 6.78%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 3,065.00 $ 2,300.00-3,900.00
Apartment (1 bedroom) Outside of Centre 2,210.42 $ 2,000.00-2,900.00
Apartment (3 bedrooms) in City Centre 5,183.91 $ 4,200.00-8,000.00
Apartment (3 bedrooms) Outside of Centre 3,561.36 $ 2,800.00-5,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,077.10 $ 538.83-1,429.99
Price per Square Feet to Buy Apartment Outside of Centre 629.59 $ 449.00-999.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,956.20 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.53 6.00-6.80

These data are based on 244 entries in the past 18 months from 50 different contributors.
Last update: March 2024

Sources and References
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