Property Prices in New York, NY, United States

Index Info
Price to Income Ratio: 14.97
Mortgage as Percentage of Income: 133.62%
Loan Affordability Index: 0.75
Price to Rent Ratio - City Centre: 18.91
Price to Rent Ratio - Outside of Centre: 20.93
Gross Rental Yield (City Centre): 5.29%
Gross Rental Yield (Outside of Centre): 4.78%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 5,462.42 C$ 4,146.15-7,601.27
Apartment (1 bedroom) Outside of Centre 3,775.89 C$ 2,764.10-5,666.40
Apartment (3 bedrooms) in City Centre 12,042.44 C$ 9,674.35-17,966.65
Apartment (3 bedrooms) Outside of Centre 7,297.22 C$ 4,837.18-10,365.38
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,306.07 C$ 898.77-3,455.10
Price per Square Feet to Buy Apartment Outside of Centre 1,654.68 C$ 729.67-2,764.08
Salaries And Financing
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Average Monthly Net Salary (After Tax) 7,118.89 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.47 6.00-7.00

These data are based on 335 entries from 72 contributors over the past 18 months.
Last update: April 2025

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