Property Prices in New York, NY, United States

Index
Price to Income Ratio:	9.91
Mortgage as Percentage of Income:	89.68%
Loan Affordability Index:	1.12
Price to Rent Ratio - City Centre:	18.48
Price to Rent Ratio - Outside of Centre:	18.47
Gross Rental Yield (City Centre):	5.41%
Gross Rental Yield (Outside of Centre):	5.41%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	3,937.96 $	3,000.00-5,000.00
Apartment (1 bedroom) Outside of Centre	2,625.26 $	1,800.00-4,000.00
Apartment (3 bedrooms) in City Centre	7,795.83 $	5,000.00-12,000.00
Apartment (3 bedrooms) Outside of Centre	4,541.30 $	3,200.00-7,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,541.51 $	1,099.99-2,399.98
Price per Square Feet to Buy Apartment Outside of Centre	965.66 $	600.00-1,765.14
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	6,808.39 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.65	5.25-7.40

These data are based on 400 entries in the past 18 months from 96 different contributors.
Last update: September 2023

Sources and References

Nearby cities:

Property Prices in Jersey City, New Jersey	4.58 miles
Property Prices in East Rutherford, New Jersey	10.01 miles
Property Prices in Rutherford, New Jersey	10.22 miles
Property Prices in Newark, New Jersey	11.63 miles
Property Prices in Paterson, New Jersey	17.95 miles
Property Prices in Bergen County, New Jersey	20.13 miles
Property Prices in Hempstead, New York	22.26 miles
Property Prices in West Caldwell, New Jersey	23.56 miles
Property Prices in Woodbridge, New Jersey	25.26 miles
Property Prices in Parsippany-Troy Hills, New Jersey	30.18 miles

This page in other languages:

DeutschImmobilienpreise in New York

PortuguêsPreços de Imóveis Em Nova Iórque

ItalianoPrezzi delle proprietà immobiliari in New York

FrançaisPrix de l'immobilier à New York

EspañolPrecios de Inmuebles en Nueva York

Leave a comment:

3 Comments so far

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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

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country data (source The World Bank, 2021)
GDP Per Capita ($) :	62,530.00
GDP Growth Rate:	2.16%
Population Growth Rate:	0.70%

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