Property Prices in Queens, NY, United States

Index Info
Price to Income Ratio: 12.53
Mortgage as Percentage of Income: 95.36%
Loan Affordability Index: 1.05
Price to Rent Ratio - City Centre: 38.18
Price to Rent Ratio - Outside of Centre: 15.89
Gross Rental Yield (City Centre): 2.62%
Gross Rental Yield (Outside of Centre): 6.29%
Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 2,664.29 $ 2,000.00-3,500.00
Apartment (1 bedroom) Outside of Centre 2,051.43 $ 1,760.00-2,500.00
Apartment (3 bedrooms) in City Centre 4,400.00 $ 3,500.00-6,500.00
Apartment (3 bedrooms) Outside of Centre 2,900.00 $ 2,200.00-3,500.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 1,985.28 $ 600.00-3,295.57
Price per Square Feet to Buy Apartment Outside of Centre 596.87 $ 315.00-1,269.39
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 5,543.83 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.52 4.00-4.75

These data are based on 67 entries in the past 18 months from 11 different contributors.
Last update: October 2020

Sources and References
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