Property Prices in George Town, Cayman Islands

Index Info
Price to Income Ratio: 5.09
Mortgage as Percentage of Income: 52.05%
Loan Affordability Index: 1.92
Price to Rent Ratio - City Centre: 16.28
Price to Rent Ratio - Outside of Centre: 7.48
Gross Rental Yield (City Centre): 6.14%
Gross Rental Yield (Outside of Centre): 13.38%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,491.67 KY$ 2,200.00-2,750.00
Apartment (1 bedroom) Outside of Centre 2,141.67 KY$ 1,500.00-2,500.00
Apartment (3 bedrooms) in City Centre 4,628.57 KY$ 4,100.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 3,866.67 KY$ 3,500.00-4,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 834.30 KY$ 500.00-1,002.90
Price per Square Feet to Buy Apartment Outside of Centre 325.00 KY$ 300.00-350.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,128.83 KY$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.25 3.75-10.00

These data are based on 55 entries from 10 contributors over the past 18 months.
Last update: April 2025

Sources and References
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