Property Prices in Boston, MA, United States

Index Info
Price to Income Ratio: 8.34
Mortgage as Percentage of Income: 75.45%
Loan Affordability Index: 1.33
Price to Rent Ratio - City Centre: 17.27
Price to Rent Ratio - Outside of Centre: 14.21
Gross Rental Yield (City Centre): 5.79%
Gross Rental Yield (Outside of Centre): 7.04%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,160.17 $ 2,300.00-4,000.00
Apartment (1 bedroom) Outside of Centre 2,373.27 $ 2,000.00-3,000.00
Apartment (3 bedrooms) in City Centre 5,412.95 $ 4,200.00-8,000.00
Apartment (3 bedrooms) Outside of Centre 3,510.43 $ 2,800.00-5,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,081.97 $ 538.83-1,429.99
Price per Square Feet to Buy Apartment Outside of Centre 628.83 $ 449.00-899.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,521.91 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.65 6.19-7.30

These data are based on 255 entries in the past 18 months from 50 different contributors.
Last update: July 2024

Sources and References
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