Property Prices in Jamaica

Index Info
Price to Income Ratio: 37.18
Mortgage as Percentage of Income: 387.17%
Loan Affordability Index: 0.26
Price to Rent Ratio - City Centre: 36.14
Price to Rent Ratio - Outside of Centre: 86.08
Gross Rental Yield (City Centre): 2.77%
Gross Rental Yield (Outside of Centre): 1.16%
Rent Per Month
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Apartment (1 bedroom) in City Centre 72,040.10 J$ 30,000.00-180,000.00
Apartment (1 bedroom) Outside of Centre 42,312.04 J$ 20,000.00-311,986.75
Apartment (3 bedrooms) in City Centre 152,008.96 J$ 70,000.00-527,768.79
Apartment (3 bedrooms) Outside of Centre 91,980.10 J$ 40,000.00-527,768.79
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 56,868.83 J$ 16,497.67-124,954.38
Price per Square Feet to Buy Apartment Outside of Centre 80,725.37 J$ 19,999.83-106,547.68
Salaries And Financing
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Average Monthly Net Salary (After Tax) 99,593.31 J$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.50 6.00-11.00

These data are based on 205 entries in the past 18 months from 38 different contributors.
Last update: February 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