Property Prices in Newton, MA, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 4.57 |
| Mortgage as Percentage of Income: | 31.43% |
| Loan Affordability Index: | 3.18 |
| Price to Rent Ratio - City Centre: | 17.76 |
| Price to Rent Ratio - Outside of Centre: | 14.85 |
| Gross Rental Yield (City Centre): | 5.63% |
| Gross Rental Yield (Outside of Centre): | 6.74% |
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| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,736.88 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,736.88 $ | |
| Apartment (3 bedrooms) in City Centre | 3,101.25 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,765.71 $ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 623.17 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 495.55 $ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 6,588.00 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.37 |
These data are based on 81 entries in the past 18 months from 15 different contributors.
Last update: June 2020
Sources and References
Nearby cities:
| Property Prices in Boston, Massachusetts | 8.96 miles |
| Property Prices in Natick, Massachusetts | 9.32 miles |
| Property Prices in Ashland, Massachusetts | 16.95 miles |
| Property Prices in Marlborough, Massachusetts | 21.72 miles |
| Property Prices in Worcester, Massachusetts | 35.59 miles |
| Property Prices in East Providence, Rhode Island | 45.52 miles |
| Property Prices in Providence, Rhode Island | 45.90 miles |
| Property Prices in New Bedford, Massachusetts | 60.39 miles |
| Property Prices in Manchester, New Hampshire | 61.58 miles |
| Property Prices in Newport, Rhode Island | 73.14 miles |
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