Property Prices in Brooklyn, NY, United States

Index Info
Price to Income Ratio: 13.20
Mortgage as Percentage of Income: 119.12%
Loan Affordability Index: 0.84
Price to Rent Ratio - City Centre: 20.21
Price to Rent Ratio - Outside of Centre: 18.00
Gross Rental Yield (City Centre): 4.95%
Gross Rental Yield (Outside of Centre): 5.55%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 3,278.57 $ 2,500.00-4,300.00
Apartment (1 bedroom) Outside of Centre 2,365.62 $ 1,800.00-3,150.00
Apartment (3 bedrooms) in City Centre 6,150.00 $ 5,000.00-10,000.00
Apartment (3 bedrooms) Outside of Centre 4,204.17 $ 2,950.00-7,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,368.66 $ 1,099.99-1,505.99
Price per Square Feet to Buy Apartment Outside of Centre 858.33 $ 749.99-999.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,539.88 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.61 6.00-7.45

These data are based on 128 entries in the past 18 months from 25 different contributors.
Last update: November 2024

Sources and References
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