Property Prices in Queens, NY, United States

Index Info
Price to Income Ratio: 12.42
Mortgage as Percentage of Income: 93.29%
Loan Affordability Index: 1.07
Price to Rent Ratio - City Centre: 32.66
Price to Rent Ratio - Outside of Centre: 18.14
Gross Rental Yield (City Centre): 3.06%
Gross Rental Yield (Outside of Centre): 5.51%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,431.25 $ 1,800.00-3,500.00
Apartment (1 bedroom) Outside of Centre 1,870.00 $ 1,500.00-2,500.00
Apartment (3 bedrooms) in City Centre 4,083.33 $ 2,500.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,891.67 $ 2,150.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,560.80 $ 1,114.83-3,295.57
Price per Square Feet to Buy Apartment Outside of Centre 644.00 $ 455.22-1,269.39
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,777.17 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.38 3.50-5.00

These data are based on 94 entries in the past 18 months from 20 different contributors.
Last update: June 2021

Sources and References
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