New York, United States
Property prices · 2025 · Americas · Price +4% vs 2024
Property price trend in New York (2024–2026)
Property comparison — cities in United States (2025)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs New York |
|---|---|---|---|---|
| New York | USD 19,240 | USD 10,920 | USD 3,640 | — |
| San Francisco | USD 17,472 | USD 10,192 | USD 3,328 | -9.2% |
| Los Angeles | USD 11,960 | USD 7,800 | USD 2,912 | -37.8% |
| Seattle | USD 11,937 | USD 7,474 | USD 2,906 | -38% |
| Boston | USD 10,588 | USD 6,643 | USD 2,699 | -45% |
| Washington DC | USD 9,861 | USD 6,124 | USD 2,491 | -48.7% |
| Miami | USD 8,840 | USD 5,720 | USD 2,600 | -54.1% |
| Austin | USD 7,474 | USD 4,671 | USD 1,972 | -61.2% |
| Denver | USD 7,058 | USD 4,360 | USD 1,868 | -63.3% |
Other Americas cities (2025)
Frequently asked questions
How much does property cost in New York in 2025?
In New York, the average price per sqm in the city centre is USD 19,240, and USD 10,920 outside the centre (2025 data). Prices have risen 7% since 2024.
How much is rent in New York in 2025?
A 1-bedroom apartment in New York rents for approximately USD 3,640 per month in 2025. A 3-bedroom apartment costs around USD 6,448/month.
Is it better to buy or rent in New York?
Renting is generally more cost-effective in New York. The price-to-rent ratio is 22.0x — it would take approximately 22.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 6.80%.
What are mortgage rates in United States in 2025?
The average mortgage rate in United States is approximately 6.80% as of 2025. With a price-to-rent ratio of 22.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in New York changed?
Property prices in New York have changed +4% vs 2024. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.
What is the price per sqm in New York?
The average property price per square metre in New York city centre is USD 19,240 in 2025. Outside the centre, expect to pay around USD 10,920/sqm.