Property Prices in Queens, NY, United States

Index Info
Price to Income Ratio: 11.20
Mortgage as Percentage of Income: 100.81%
Loan Affordability Index: 0.99
Price to Rent Ratio - City Centre: 14.51
Price to Rent Ratio - Outside of Centre: 15.95
Gross Rental Yield (City Centre): 6.89%
Gross Rental Yield (Outside of Centre): 6.27%
Rent Per Month
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1 Bedroom Apartment in City Centre 2,312.00 $ 2,000.00-4,280.00
1 Bedroom Apartment Outside of City Centre 1,842.00 $ 1,500.00-2,500.00
3 Bedroom Apartment in City Centre 5,792.00 $ 3,700.00-8,630.00
3 Bedroom Apartment Outside of City Centre 3,000.00 $ 2,750.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 799.99 $ 799.99-999.99
Price per Square Feet to Buy Apartment Outside of Centre 570.00 $ 570.00-600.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,291.25 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.57 6.00-7.30

These data are based on 68 entries from 17 contributors over the past 18 months.
Last update: 21 January 2026

Sources and References
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