Property Prices in Brooklyn, NY, United States

Index Info
Price to Income Ratio: 15.11
Mortgage as Percentage of Income: 135.35%
Loan Affordability Index: 0.74
Price to Rent Ratio - City Centre: 20.62
Price to Rent Ratio - Outside of Centre: 17.63
Gross Rental Yield (City Centre): 4.85%
Gross Rental Yield (Outside of Centre): 5.67%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,200.00 $ 2,500.00-4,300.00
Apartment (1 bedroom) Outside of Centre 2,389.29 $ 1,800.00-3,150.00
Apartment (3 bedrooms) in City Centre 6,055.56 $ 4,000.00-10,000.00
Apartment (3 bedrooms) Outside of Centre 4,350.00 $ 2,700.00-7,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,368.66 $ 1,099.99-1,505.99
Price per Square Feet to Buy Apartment Outside of Centre 858.33 $ 749.99-999.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,965.65 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.51 6.00-7.20

These data are based on 125 entries from 29 contributors over the past 18 months.
Last update: 3 May 2025

Sources and References
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