Property Prices in Grenada

Index Info
Price to Income Ratio: 164.60
Mortgage as Percentage of Income: 1,501.91%
Loan Affordability Index: 0.07
Price to Rent Ratio - City Centre: 6.35
Price to Rent Ratio - Outside of Centre: 566.47
Gross Rental Yield (City Centre): 15.75%
Gross Rental Yield (Outside of Centre): 0.18%
Rent Per Month
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1 Bedroom Apartment in City Centre 1,732.36 EC$ 1,200.00-2,500.00
1 Bedroom Apartment Outside of City Centre 1,188.08 EC$ 750.00-1,764.66
3 Bedroom Apartment in City Centre 3,539.63 EC$ 2,000.00-5,000.00
3 Bedroom Apartment Outside of City Centre 2,305.59 EC$ 1,200.00-3,208.47
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 236.46 EC$ 100.00-464.51
Price per Square Feet to Buy Apartment Outside of Centre 14,121.14 EC$ 371.61-27,870.68
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,347.23 EC$
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: 30 December 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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