Property Prices in Philadelphia, PA, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 3.41 |
| Mortgage as Percentage of Income: | 30.95% |
| Loan Affordability Index: | 3.23 |
| Price to Rent Ratio - City Centre: | 8.68 |
| Price to Rent Ratio - Outside of Centre: | 7.75 |
| Gross Rental Yield (City Centre): | 11.52% |
| Gross Rental Yield (Outside of Centre): | 12.90% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,804.28 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,351.63 $ | |
| Apartment (3 bedrooms) in City Centre | 3,210.79 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,284.95 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 315.94 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 206.58 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,122.87 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.68 |
These data are based on 207 entries in the past 18 months from 38 different contributors.
Last update: December 2024
Sources and References
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