Property Prices in Jamaica

Index
Price to Income Ratio:	24.81
Mortgage as Percentage of Income:	255.25%
Loan Affordability Index:	0.39
Price to Rent Ratio - City Centre:	26.23
Price to Rent Ratio - Outside of Centre:	64.18
Gross Rental Yield (City Centre):	3.81%
Gross Rental Yield (Outside of Centre):	1.56%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	62,653.85 J$	30,000.00-147,345.70
Apartment (1 bedroom) Outside of Centre	36,880.00 J$	20,000.00-103,141.99
Apartment (3 bedrooms) in City Centre	133,198.61 J$	70,000.00-400,000.00
Apartment (3 bedrooms) Outside of Centre	81,576.88 J$	40,000.00-279,956.84
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	36,022.30 J$	12,999.89-122,099.34
Price per Square Feet to Buy Apartment Outside of Centre	52,922.39 J$	14,999.88-185,804.53
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	96,468.31 J$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	8.33	6.00-10.00

These data are based on 200 entries in the past 18 months from 40 different contributors.
Last update: November 2020
Our data for each country are based on all entries from all cities in that country.

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