Property Market Data for Worcester, MA

Property Index Value
House Price to Income Ratio 3.37
2084
Mortgage as % of Income 25.13
1863
Loan Affordability Index 3.98
347
Price to Rent Ratio City Centre 7.91
2283
Price to Rent Ratio Outside Centre 9.16
2103
Gross Rental Yield City Centre 12.64
248
Gross Rental Yield Outside Centre 10.92
399

Price Per Sq.ft. Value Range
City Centre Apartment Prices 151.67 -
Outside Centre Apartment Prices 166.67 -

Rental Per Month Value Range
Apartment (1 bed) in City Centre 962.50 800.00 - 1100.00
Apartment (1 bed) Outside Centre 912.25 700.00 - 950.00
Apartment (3 bed) in City Centre 1666.67 1200.00 - 1600.00
Apartment (3 bed) Outside Centre 1583.33 1000.00 - 1600.00
Price to Rent Ratio City Centre 7.91 7.91 - 7.91
Price to Rent Ratio Outside Centre 9.16 9.16 - 9.16
Gross Rental Yield City Centre 12.64 12.64 - 12.64
Gross Rental Yield Outside Centre 10.92 10.92 - 10.92

Median Income Value Range
Net monthly disposable income 2540.95 2401.58 - 2500.00
Annual mortgage interest rate % 4.13 4.00 - 5.00