Property Prices in Cambridge, MA, United States

Index Info
Price to Income Ratio: 7.56
Mortgage as Percentage of Income: 56.29%
Loan Affordability Index: 1.78
Price to Rent Ratio - City Centre: 20.63
Price to Rent Ratio - Outside of Centre: 17.84
Gross Rental Yield (City Centre): 4.85%
Gross Rental Yield (Outside of Centre): 5.61%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,613.73 $ 2,300.00-3,000.00
Apartment (1 bedroom) Outside of Centre 2,145.48 $ 1,900.00-2,296.25
Apartment (3 bedrooms) in City Centre 4,054.17 $ 3,575.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 3,285.00 $ 3,100.00-3,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,024.77 $ 843.99-1,304.24
Price per Square Feet to Buy Apartment Outside of Centre 723.71 $ 669.74-763.99
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 6,227.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.28 3.00-5.00

These data are based on 131 entries in the past 18 months from 25 different contributors.
Last update: February 2021

Sources and References
Sign up for our newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far