Property Prices in Brooklyn, NY, United States

Index Info
Price to Income Ratio: 17.91
Mortgage as Percentage of Income: 169.49%
Loan Affordability Index: 0.59
Price to Rent Ratio - City Centre: 17.04
Price to Rent Ratio - Outside of Centre: 15.83
Gross Rental Yield (City Centre): 5.87%
Gross Rental Yield (Outside of Centre): 6.32%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,852.63 $ 2,500.00-8,000.00
Apartment (1 bedroom) Outside of Centre 2,960.53 $ 2,000.00-7,000.00
Apartment (3 bedrooms) in City Centre 7,880.00 $ 5,000.00-17,000.00
Apartment (3 bedrooms) Outside of Centre 5,643.75 $ 3,500.00-11,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,412.36 $ 998.99-2,499.98
Price per Square Feet to Buy Apartment Outside of Centre 974.99 $ 799.99-1,199.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,587.66 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.22 6.00-14.00

These data are based on 196 entries in the past 18 months from 38 different contributors.
Last update: July 2024

Sources and References
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