Property Prices in Kingston, Jamaica

Index Info
Price to Income Ratio: 9.87
Mortgage as Percentage of Income: 102.26%
Loan Affordability Index: 0.98
Price to Rent Ratio - City Centre: 10.04
Price to Rent Ratio - Outside of Centre: 11.42
Gross Rental Yield (City Centre): 9.96%
Gross Rental Yield (Outside of Centre): 8.75%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 91,013.85 J$ 40,000.00-180,000.00
Apartment (1 bedroom) Outside of Centre 46,111.11 J$ 25,000.00-108,548.48
Apartment (3 bedrooms) in City Centre 179,395.20 J$ 85,000.00-400,000.00
Apartment (3 bedrooms) Outside of Centre 97,229.92 J$ 50,000.00-240,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 19,313.85 J$ 9,065.62-34,999.71
Price per Square Feet to Buy Apartment Outside of Centre 11,499.90 J$ 7,999.93-14,999.88
Salaries And Financing
Average Monthly Net Salary (After Tax) 84,000.00 J$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.43 7.00-10.00

These data are based on 91 entries in the past 18 months from 17 different contributors.
Last update: August 2021

Sources and References
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