Property Prices in Bermuda

Index
Price to Income Ratio:	6.42
Mortgage as Percentage of Income:	58.93%
Loan Affordability Index:	1.70
Price to Rent Ratio - City Centre:	16.05
Price to Rent Ratio - Outside of Centre:	11.93
Gross Rental Yield (City Centre):	6.23%
Gross Rental Yield (Outside of Centre):	8.38%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	2,790.91 $	2,000.00-3,500.00
Apartment (1 bedroom) Outside of Centre	1,945.31 $	1,500.00-2,500.00
Apartment (3 bedrooms) in City Centre	5,720.00 $	4,500.00-8,000.00
Apartment (3 bedrooms) Outside of Centre	4,468.07 $	3,500.00-6,500.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	964.51 $	929.02-999.99
Price per Square Feet to Buy Apartment Outside of Centre	528.70 $	500.00-557.41
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	6,262.63 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.83	5.65-7.50

These data are based on 99 entries in the past 18 months from 21 different contributors.
Last update: March 2021
Our data for each country are based on all entries from all cities in that country.

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