Property Prices in Bermuda

Index Info
Price to Income Ratio: 8.75
Mortgage as Percentage of Income: 92.01%
Loan Affordability Index: 1.09
Price to Rent Ratio - City Centre: 16.71
Price to Rent Ratio - Outside of Centre: 13.05
Gross Rental Yield (City Centre): 5.98%
Gross Rental Yield (Outside of Centre): 7.66%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre $3,648.75 2,500.00-5,000.00
1 Bedroom Apartment Outside of City Centre $2,585.56 2,000.00-4,000.00
3 Bedroom Apartment in City Centre $8,268.75 7,000.00-10,000.00
3 Bedroom Apartment Outside of City Centre $6,980.00 4,500.00-10,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre $1,380.20 1,300.00-1,421.40
Price per Square Feet to Buy Apartment Outside of Centre $837.81 728.02-947.60
Salaries And Financing
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Average Monthly Net Salary (After Tax) $6,821.52
Annual Mortgage Interest Rate (20-Year Fixed, in %) 8.63 6.50-10.00

These data are based on 85 entries from 14 contributors over the past 18 months.
Last update: 16 September 2026
Our data for each country are based on all entries from all cities in that country.

Sources and References
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