Property Prices in Boston, MA, United States

Index Info
Price to Income Ratio: 7.96
Mortgage as Percentage of Income: 62.97%
Loan Affordability Index: 1.59
Price to Rent Ratio - City Centre: 19.18
Price to Rent Ratio - Outside of Centre: 15.90
Gross Rental Yield (City Centre): 5.21%
Gross Rental Yield (Outside of Centre): 6.29%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,695.00 $ 2,000.00-3,500.00
Apartment (1 bedroom) Outside of Centre 1,934.09 $ 1,500.00-2,600.00
Apartment (3 bedrooms) in City Centre 5,017.15 $ 4,000.00-6,000.00
Apartment (3 bedrooms) Outside of Centre 3,357.41 $ 2,700.00-4,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,063.84 $ 699.99-1,299.99
Price per Square Feet to Buy Apartment Outside of Centre 613.30 $ 484.00-799.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,672.48 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.99 3.00-5.43

These data are based on 255 entries in the past 18 months from 45 different contributors.
Last update: September 2022

Sources and References
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