Property Prices in Queens, NY, United States

Index Info
Price to Income Ratio: 12.72
Mortgage as Percentage of Income: 104.43%
Loan Affordability Index: 0.96
Price to Rent Ratio - City Centre: 36.86
Price to Rent Ratio - Outside of Centre: 23.33
Gross Rental Yield (City Centre): 2.71%
Gross Rental Yield (Outside of Centre): 4.29%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,027.60 $ 1,200.00-3,200.00
Apartment (1 bedroom) Outside of Centre 1,683.33 $ 1,200.00-2,400.00
Apartment (3 bedrooms) in City Centre 3,550.00 $ 2,100.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,650.00 $ 2,100.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,496.11 $ 1,114.83-3,295.57
Price per Square Feet to Buy Apartment Outside of Centre 751.20 $ 590.12-1,269.39
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,752.78 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.43 5.43-5.43

These data are based on 54 entries in the past 18 months from 12 different contributors.
Last update: July 2022

Sources and References
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