Property Prices in Jamaica

Index Info
Price to Income Ratio: 35.51
Mortgage as Percentage of Income: 366.64%
Loan Affordability Index: 0.27
Price to Rent Ratio - City Centre: 34.19
Price to Rent Ratio - Outside of Centre: 73.46
Gross Rental Yield (City Centre): 2.92%
Gross Rental Yield (Outside of Centre): 1.36%
Rent Per Month
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Apartment (1 bedroom) in City Centre 73,339.25 J$ 30,000.00-180,000.00
Apartment (1 bedroom) Outside of Centre 44,151.49 J$ 20,000.00-310,574.78
Apartment (3 bedrooms) in City Centre 153,250.83 J$ 70,000.00-436,000.00
Apartment (3 bedrooms) Outside of Centre 102,418.97 J$ 40,000.00-525,380.24
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 54,507.81 J$ 19,999.83-124,388.87
Price per Square Feet to Buy Apartment Outside of Centre 74,282.20 J$ 19,999.83-109,788.35
Salaries And Financing
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Average Monthly Net Salary (After Tax) 97,612.66 J$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.38 6.00-10.00

These data are based on 215 entries in the past 18 months from 38 different contributors.
Last update: June 2021
Our data for each country are based on all entries from all cities in that country.

Sources and References
This page in other languages:

DeutschImmobilienpreise in Jamaika
PortuguêsPreços de Imóveis na Jamaica
ItalianoPrezzi delle proprietà immobiliari in Giamaica
FrançaisPrix de l'immobilier en Jamaïque
EspañolPrecios de Inmuebles en Jamaica