Property Prices in Cayman Islands

Index
Price to Income Ratio:	11.44
Mortgage as Percentage of Income:	98.66%
Loan Affordability Index:	1.01
Price to Rent Ratio - City Centre:	27.95
Price to Rent Ratio - Outside of Centre:	16.98
Gross Rental Yield (City Centre):	3.58%
Gross Rental Yield (Outside of Centre):	5.89%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,919.57 KY$	1,200.00-3,000.00
Apartment (1 bedroom) Outside of Centre	1,392.31 KY$	1,000.00-2,000.00
Apartment (3 bedrooms) in City Centre	4,000.00 KY$	3,000.00-5,500.00
Apartment (3 bedrooms) Outside of Centre	2,720.00 KY$	2,000.00-3,800.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,164.80 KY$	465.00-3,251.58
Price per Square Feet to Buy Apartment Outside of Centre	497.50 KY$	371.61-929.02
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,911.23 KY$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.04	5.50-6.50

These data are based on 114 entries in the past 18 months from 24 different contributors.
Last update: June 2022
Our data for each country are based on all entries from all cities in that country.

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