Property Prices in New York, NY, United States

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Index Info
Price to Income Ratio: 12.79
Mortgage as Percentage of Income: 116.70%
Loan Affordability Index: 0.86
Price to Rent Ratio - City Centre: 18.39
Price to Rent Ratio - Outside of Centre: 20.51
Gross Rental Yield (City Centre): 5.44%
Gross Rental Yield (Outside of Centre): 4.88%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 5,951.71 C$ 4,104.63-7,771.43
Apartment (1 bedroom) Outside of Centre 3,961.38 C$ 2,668.01-6,293.77
Apartment (3 bedrooms) in City Centre 12,011.57 C$ 8,209.26-20,523.15
Apartment (3 bedrooms) Outside of Centre 6,328.22 C$ 4,378.27-9,577.47
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 2,340.15 C$ 1,368.20-3,420.50
Price per Square Feet to Buy Apartment Outside of Centre 1,563.52 C$ 894.80-2,542.20
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 8,210.09 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.74 6.00-8.00

These data are based on 341 entries in the past 18 months from 82 different contributors.
Last update: May 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