Property Prices in Philadelphia, PA, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 4.23 |
| Mortgage as Percentage of Income: | 38.36% |
| Loan Affordability Index: | 2.61 |
| Price to Rent Ratio - City Centre: | 12.78 |
| Price to Rent Ratio - Outside of Centre: | 9.55 |
| Gross Rental Yield (City Centre): | 7.82% |
| Gross Rental Yield (Outside of Centre): | 10.47% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,904.26 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,371.60 $ | |
| Apartment (3 bedrooms) in City Centre | 3,273.15 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,146.13 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 483.33 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 250.00 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,667.45 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.68 |
These data are based on 140 entries in the past 18 months from 32 different contributors.
Last update: November 2023
Sources and References
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