Property Prices in New York, NY, United States

Index Info
Price to Income Ratio: 13.16
Mortgage as Percentage of Income: 123.01%
Loan Affordability Index: 0.81
Price to Rent Ratio - City Centre: 18.11
Price to Rent Ratio - Outside of Centre: 11.78
Gross Rental Yield (City Centre): 5.52%
Gross Rental Yield (Outside of Centre): 8.49%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre $4,299.32 3,000.00-5,500.00
1 Bedroom Apartment Outside of City Centre $2,933.00 2,000.00-4,100.00
3 Bedroom Apartment in City Centre $9,615.28 7,000.00-13,000.00
3 Bedroom Apartment Outside of City Centre $5,333.89 3,760.00-7,750.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre $1,750.75 1,444.99-2,299.98
Price per Square Feet to Buy Apartment Outside of Centre $703.78 523.97-1,699.99
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) $5,019.95
Annual Mortgage Interest Rate (20-Year Fixed, in %) 7.06 6.00-7.70

These data are based on 255 entries from 51 contributors over the past 18 months.
Last update: 13 May 2026

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