Property Prices in New York, NY, United States

Index Info
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
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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
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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
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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