Property Prices in Grenada

Index Info
Price to Income Ratio: 164.92
Mortgage as Percentage of Income: 1,504.84%
Loan Affordability Index: 0.07
Price to Rent Ratio - City Centre: 6.38
Price to Rent Ratio - Outside of Centre: 571.25
Gross Rental Yield (City Centre): 15.68%
Gross Rental Yield (Outside of Centre): 0.18%
Rent Per Month
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1 Bedroom Apartment in City Centre EC$1,714.06 1,200.00-2,500.00
1 Bedroom Apartment Outside of City Centre EC$1,177.99 750.00-1,725.51
3 Bedroom Apartment in City Centre EC$3,514.72 2,000.00-5,000.00
3 Bedroom Apartment Outside of City Centre EC$2,286.61 1,200.00-3,137.29
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre EC$235.39 100.00-464.51
Price per Square Feet to Buy Apartment Outside of Centre EC$14,121.14 371.61-27,870.68
Salaries And Financing
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Average Monthly Net Salary (After Tax) EC$2,342.49
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.75 5.00-8.00

These data are based on 53 entries from 10 contributors over the past 18 months.
Last update: 4 May 2026
Our data for each country are based on all entries from all cities in that country.

Sources and References
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