Property Prices in Boston, MA, United States

Index Info
Price to Income Ratio: 7.59
Mortgage as Percentage of Income: 68.14%
Loan Affordability Index: 1.47
Price to Rent Ratio - City Centre: 17.84
Price to Rent Ratio - Outside of Centre: 13.60
Gross Rental Yield (City Centre): 5.61%
Gross Rental Yield (Outside of Centre): 7.36%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 3,111.15 $ 2,300.00-4,000.00
Apartment (1 bedroom) Outside of Centre 2,241.25 $ 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 1,087.30 $ 538.83-1,429.99
Price per Square Feet to Buy Apartment Outside of Centre 585.05 $ 362.32-899.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,929.73 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.55 6.00-7.00

These data are based on 245 entries in the past 18 months from 51 different contributors.
Last update: April 2024

Sources and References
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