Property Prices in New York, NY, United States

Index Info
Price to Income Ratio: 12.00
Mortgage as Percentage of Income: 106.75%
Loan Affordability Index: 0.94
Price to Rent Ratio - City Centre: 16.16
Price to Rent Ratio - Outside of Centre: 17.82
Gross Rental Yield (City Centre): 6.19%
Gross Rental Yield (Outside of Centre): 5.61%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 4,298.33 $ 3,000.00-5,500.00
1 Bedroom Apartment Outside of City Centre 2,527.00 $ 2,000.00-4,000.00
3 Bedroom Apartment in City Centre 8,477.08 $ 5,000.00-12,000.00
3 Bedroom Apartment Outside of City Centre 4,919.57 $ 3,000.00-7,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,468.11 $ 633.59-2,399.98
Price per Square Feet to Buy Apartment Outside of Centre 946.42 $ 523.97-1,799.99
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 5,412.47 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.42 6.00-7.00

These data are based on 291 entries from 54 contributors over the past 18 months.
Last update: 5 December 2025

Sources and References
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2 Comments so far
Gabriella Sola on Dec 26, 2020:
Why Queens is more expensive than New York? And what do you mean with New York? Manhattan or the New York 5 districts? And what about prices in Manhattan?
Thanks for answering and happy (or at least better!) New Year
Mira Nielsen on Sep 15, 2020:
Hi, very nice database, that I just learned about.

Is it possible to get property prices for mid 2015. I would like to make a comparison between today(mid 2020) and mid 2015 for 7 cities around the World. I would like to compare Square meter prices in city centre in USD...

best regards Mira Lie Nielsen