Property Prices in Philadelphia, PA, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 7.69 |
| Mortgage as Percentage of Income: | 70.21% |
| Loan Affordability Index: | 1.42 |
| Price to Rent Ratio - City Centre: | 15.49 |
| Price to Rent Ratio - Outside of Centre: | 18.16 |
| Gross Rental Yield (City Centre): | 6.46% |
| Gross Rental Yield (Outside of Centre): | 5.51% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,918.07 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,410.62 $ | |
| Apartment (3 bedrooms) in City Centre | 3,486.89 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,279.75 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 604.87 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 495.49 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,850.33 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.76 |
These data are based on 235 entries in the past 18 months from 41 different contributors.
Last update: July 2024
Sources and References
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