Property Prices in Jamaica

Index Info
Price to Income Ratio: 17.47
Mortgage as Percentage of Income: 192.01%
Loan Affordability Index: 0.52
Price to Rent Ratio - City Centre: 15.97
Price to Rent Ratio - Outside of Centre: 22.62
Gross Rental Yield (City Centre): 6.26%
Gross Rental Yield (Outside of Centre): 4.42%
Rent Per Month
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Apartment (1 bedroom) in City Centre 109,260.93 J$ 50,000.00-180,000.00
Apartment (1 bedroom) Outside of Centre 59,605.26 J$ 30,000.00-100,000.00
Apartment (3 bedrooms) in City Centre 253,918.01 J$ 105,000.00-460,000.00
Apartment (3 bedrooms) Outside of Centre 145,781.27 J$ 80,000.00-250,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 39,999.67 J$ 34,999.71-112,318.84
Price per Square Feet to Buy Apartment Outside of Centre 31,747.62 J$ 29,999.75-85,470.09
Salaries And Financing
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Average Monthly Net Salary (After Tax) 110,514.47 J$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.25 5.00-12.00

These data are based on 142 entries from 29 contributors over the past 18 months.
Last update: 11 September 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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