Property Prices in Queens, NY, United States

Index Info
Price to Income Ratio: 9.69
Mortgage as Percentage of Income: 88.57%
Loan Affordability Index: 1.13
Price to Rent Ratio - City Centre: 19.19
Price to Rent Ratio - Outside of Centre: 16.94
Gross Rental Yield (City Centre): 5.21%
Gross Rental Yield (Outside of Centre): 5.90%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,318.33 $ 2,000.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,925.00 $ 1,600.00-2,200.00
Apartment (3 bedrooms) in City Centre 3,725.00 $ 3,200.00-5,600.00
Apartment (3 bedrooms) Outside of Centre 3,200.00 $ 2,800.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 858.33 $ 699.99-999.99
Price per Square Feet to Buy Apartment Outside of Centre 638.33 $ 600.00-699.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,154.29 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.77 6.19-7.15

These data are based on 59 entries in the past 18 months from 14 different contributors.
Last update: February 2025

Sources and References
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