Property Prices in Brooklyn, NY, United States

Index Info
Price to Income Ratio: 10.65
Mortgage as Percentage of Income: 85.71%
Loan Affordability Index: 1.17
Price to Rent Ratio - City Centre: 21.65
Price to Rent Ratio - Outside of Centre: 23.00
Gross Rental Yield (City Centre): 4.62%
Gross Rental Yield (Outside of Centre): 4.35%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,783.17 $ 2,300.00-3,500.00
Apartment (1 bedroom) Outside of Centre 2,066.67 $ 1,800.00-2,500.00
Apartment (3 bedrooms) in City Centre 4,500.00 $ 3,500.00-6,000.00
Apartment (3 bedrooms) Outside of Centre 3,081.25 $ 2,500.00-3,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,165.19 $ 999.99-1,499.99
Price per Square Feet to Buy Apartment Outside of Centre 888.99 $ 777.99-999.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,190.15 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.19 4.00-5.43

These data are based on 87 entries in the past 18 months from 20 different contributors.
Last update: March 2023

Sources and References
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