Property Prices in New York, NY, United States

Index Info
Price to Income Ratio: 11.04
Mortgage as Percentage of Income: 99.98%
Loan Affordability Index: 1.00
Price to Rent Ratio - City Centre: 16.39
Price to Rent Ratio - Outside of Centre: 22.47
Gross Rental Yield (City Centre): 6.10%
Gross Rental Yield (Outside of Centre): 4.45%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 4,071.33 $ 3,000.00-5,400.00
Apartment (1 bedroom) Outside of Centre 2,686.44 $ 1,800.00-4,000.00
Apartment (3 bedrooms) in City Centre 8,134.32 $ 6,000.00-15,000.00
Apartment (3 bedrooms) Outside of Centre 4,316.30 $ 3,000.00-7,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,419.88 $ 999.99-2,499.98
Price per Square Feet to Buy Apartment Outside of Centre 1,164.67 $ 869.99-1,858.05
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,297.30 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.65 6.00-7.92

These data are based on 333 entries in the past 18 months from 78 different contributors.
Last update: February 2024

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