Property Prices in New York, NY, United States

Index Info
Price to Income Ratio: 17.28
Mortgage as Percentage of Income: 163.78%
Loan Affordability Index: 0.61
Price to Rent Ratio - City Centre: 19.88
Price to Rent Ratio - Outside of Centre: 26.59
Gross Rental Yield (City Centre): 5.03%
Gross Rental Yield (Outside of Centre): 3.76%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 4,272.10 $ 3,000.00-6,200.00
Apartment (1 bedroom) Outside of Centre 3,043.09 $ 2,000.00-5,000.00
Apartment (3 bedrooms) in City Centre 9,416.82 $ 6,500.00-15,500.00
Apartment (3 bedrooms) Outside of Centre 5,102.76 $ 3,200.00-12,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,895.65 $ 1,099.99-3,299.97
Price per Square Feet to Buy Apartment Outside of Centre 1,589.81 $ 869.99-2,799.98
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 5,426.68 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.24 6.19-14.00

These data are based on 408 entries in the past 18 months from 103 different contributors.
Last update: July 2024

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):

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