Property Prices in Brooklyn, NY, United States

Index Info
Price to Income Ratio: 12.14
Mortgage as Percentage of Income: 87.87%
Loan Affordability Index: 1.14
Price to Rent Ratio - City Centre: 21.91
Price to Rent Ratio - Outside of Centre: 16.85
Gross Rental Yield (City Centre): 4.56%
Gross Rental Yield (Outside of Centre): 5.93%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,840.47 $ 2,000.00-3,500.00
Apartment (1 bedroom) Outside of Centre 1,960.34 $ 1,500.00-2,800.00
Apartment (3 bedrooms) in City Centre 4,830.77 $ 3,400.00-6,500.00
Apartment (3 bedrooms) Outside of Centre 2,973.80 $ 2,300.00-4,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,229.99 $ 999.99-1,499.99
Price per Square Feet to Buy Apartment Outside of Centre 622.22 $ 250.00-999.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,104.36 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.94 3.38-4.25

These data are based on 229 entries in the past 18 months from 48 different contributors.
Last update: April 2021

Sources and References
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