Property Prices in New York, NY, United States

Index Info
Price to Income Ratio: 14.63
Mortgage as Percentage of Income: 131.22%
Loan Affordability Index: 0.76
Price to Rent Ratio - City Centre: 19.34
Price to Rent Ratio - Outside of Centre: 21.01
Gross Rental Yield (City Centre): 5.17%
Gross Rental Yield (Outside of Centre): 4.76%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 5,394.07 C$ 4,152.41-7,612.75
Apartment (1 bedroom) Outside of Centre 3,819.13 C$ 2,768.27-5,674.96
Apartment (3 bedrooms) in City Centre 11,686.40 C$ 8,304.82-17,993.77
Apartment (3 bedrooms) Outside of Centre 7,166.50 C$ 4,844.48-10,381.02
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,308.66 C$ 1,384.12-3,460.31
Price per Square Feet to Buy Apartment Outside of Centre 1,657.18 C$ 730.77-2,768.25
Salaries And Financing
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Average Monthly Net Salary (After Tax) 7,294.45 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.53 6.00-7.92

These data are based on 341 entries from 70 contributors over the past 18 months.
Last update: April 2025

Sources and References
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2 Comments so far
Gabriella Sola on Dec 26, 2020:
Why Queens is more expensive than New York? And what do you mean with New York? Manhattan or the New York 5 districts? And what about prices in Manhattan?
Thanks for answering and happy (or at least better!) New Year
Mira Nielsen on Sep 15, 2020:
Hi, very nice database, that I just learned about.

Is it possible to get property prices for mid 2015. I would like to make a comparison between today(mid 2020) and mid 2015 for 7 cities around the World. I would like to compare Square meter prices in city centre in USD...

best regards Mira Lie Nielsen