Northern America: Property Prices Index by City 2024 Mid-Year

Chart: Price to Income Ratio
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Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Vancouver, Canada 13.7 4.1 5.0 24.4 20.2 123.3 0.8
Toronto, Canada 13.2 3.9 4.2 25.8 23.6 117.9 0.8
New York, NY, United States 13.0 5.8 4.9 17.1 20.4 118.2 0.8
Honolulu, HI, United States 10.7 5.7 4.8 17.4 21.0 96.6 1.0
Montreal, Canada 10.6 3.7 4.7 27.2 21.1 94.6 1.1
Ottawa, Canada 7.8 5.7 5.4 17.5 18.4 69.7 1.4
Boston, MA, United States 7.4 6.1 8.2 16.3 12.1 66.7 1.5
Los Angeles, CA, United States 7.3 7.1 6.5 14.1 15.5 67.0 1.5
San Francisco, CA, United States 7.3 5.7 5.3 17.4 18.8 65.9 1.5
San Jose, CA, United States 6.9 5.9 5.1 16.9 19.7 62.4 1.6
San Diego, CA, United States 6.5 6.8 7.4 14.7 13.5 58.7 1.7
Raleigh, NC, United States 6.4 5.3 9.9 18.8 10.1 57.6 1.7
Oakland, CA, United States 6.3 7.6 5.8 13.2 17.3 57.2 1.7
Irvine, CA, United States 6.2 6.6 6.3 15.2 15.8 56.5 1.8
Miami, FL, United States 6.0 9.8 11.5 10.2 8.7 54.6 1.8
San Antonio, TX, United States 5.3 5.7 11.8 17.4 8.5 47.7 2.1
Seattle, WA, United States 5.1 6.5 7.9 15.3 12.7 45.8 2.2
Denver, CO, United States 4.5 10.1 9.4 9.9 10.7 40.3 2.5
Calgary, Canada 4.2 9.6 8.2 10.4 12.2 37.5 2.7
Reno, NV, United States 4.2 8.7 8.5 11.6 11.8 38.3 2.6
Edmonton, Canada 3.8 8.2 8.9 12.1 11.2 33.7 3.0
Nashville, TN, United States 3.8 12.6 10.2 7.9 9.8 34.1 2.9
Ann Arbor, MI, United States 3.8 9.3 9.3 10.7 10.8 34.0 2.9
Louisville, KY, United States 3.6 8.7 7.9 11.4 12.6 32.3 3.1
Portland, OR, United States 3.6 10.6 9.3 9.4 10.7 32.2 3.1
Tucson, AZ, United States 3.4 11.0 10.0 9.1 10.0 30.7 3.3
Las Vegas, NV, United States 3.3 10.6 10.7 9.4 9.4 30.2 3.3
Madison, WI, United States 3.3 11.2 11.3 9.0 8.9 29.6 3.4
New Orleans, LA, United States 3.3 13.6 11.0 7.4 9.1 29.8 3.4
Austin, TX, United States 3.3 11.0 12.2 9.1 8.2 29.9 3.4
Spokane, WA, United States 3.0 12.5 11.8 8.0 8.5 27.3 3.7
Anchorage, AK, United States 2.9 10.5 10.0 9.5 10.0 25.9 3.9
Albuquerque, NM, United States 2.8 12.7 11.5 7.9 8.7 25.4 3.9
Kansas City, MO, United States 2.8 10.6 11.8 9.4 8.5 25.3 4.0
Colorado Springs, CO, United States 2.8 13.4 11.6 7.4 8.6 25.0 4.0
Houston, TX, United States 2.5 12.6 13.7 7.9 7.3 22.1 4.5
Atlanta, GA, United States 2.4 12.9 12.6 7.7 7.9 22.0 4.6
Baltimore, MD, United States 2.3 18.6 16.6 5.4 6.0 21.1 4.7
Tulsa, OK, United States 2.3 13.7 11.5 7.3 8.7 20.5 4.9
Omaha, NE, United States 2.2 17.9 13.6 5.6 7.4 20.1 5.0
Milwaukee, WI, United States 2.0 20.0 16.8 5.0 6.0 17.8 5.6
Memphis, TN, United States 1.9 16.4 15.9 6.1 6.3 17.0 5.9
Indianapolis, IN, United States 1.8 16.1 14.8 6.2 6.7 16.6 6.0
Rochester, NY, United States 1.8 23.0 20.4 4.3 4.9 16.1 6.2
Detroit, MI, United States 1.2 32.9 21.8 3.0 4.6 10.9 9.2