Property Prices in Philadelphia, PA, United States

Index Info
Price to Income Ratio: 3.90
Mortgage as Percentage of Income: 35.20%
Loan Affordability Index: 2.84
Price to Rent Ratio - City Centre: 9.96
Price to Rent Ratio - Outside of Centre: 9.61
Gross Rental Yield (City Centre): 10.04%
Gross Rental Yield (Outside of Centre): 10.41%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,759.09 $ 1,400.00-2,331.00
Apartment (1 bedroom) Outside of Centre 1,307.85 $ 1,100.00-1,600.00
Apartment (3 bedrooms) in City Centre 3,115.69 $ 2,400.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,091.68 $ 1,800.00-2,992.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 352.58 $ 235.32-425.00
Price per Square Feet to Buy Apartment Outside of Centre 241.98 $ 213.95-799.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,102.66 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.61 6.19-7.00

These data are based on 186 entries in the past 18 months from 33 different contributors.
Last update: May 2024

Sources and References
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