Property Prices in Queens, NY, United States

Index Info
Price to Income Ratio: 10.04
Mortgage as Percentage of Income: 91.87%
Loan Affordability Index: 1.09
Price to Rent Ratio - City Centre: 18.29
Price to Rent Ratio - Outside of Centre: 16.31
Gross Rental Yield (City Centre): 5.47%
Gross Rental Yield (Outside of Centre): 6.13%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,308.33 $ 1,850.00-2,800.00
Apartment (1 bedroom) Outside of Centre 2,040.00 $ 1,700.00-2,500.00
Apartment (3 bedrooms) in City Centre 4,166.67 $ 3,200.00-5,600.00
Apartment (3 bedrooms) Outside of Centre 3,033.33 $ 2,600.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 856.66 $ 699.99-999.99
Price per Square Feet to Buy Apartment Outside of Centre 621.66 $ 600.00-649.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,963.33 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.79 6.19-7.50

These data are based on 53 entries in the past 18 months from 15 different contributors.
Last update: January 2025

Sources and References
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