Property Prices in Kingston, Jamaica

Index
Price to Income Ratio:	7.91
Mortgage as Percentage of Income:	82.83%
Loan Affordability Index:	1.21
Price to Rent Ratio - City Centre:	10.51
Price to Rent Ratio - Outside of Centre:	12.35
Gross Rental Yield (City Centre):	9.51%
Gross Rental Yield (Outside of Centre):	8.10%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	74,007.63 J$	45,000.00-146,420.26
Apartment (1 bedroom) Outside of Centre	42,960.93 J$	20,000.00-102,494.18
Apartment (3 bedrooms) in City Centre	170,081.39 J$	85,000.00-400,000.00
Apartment (3 bedrooms) Outside of Centre	89,204.50 J$	50,000.00-240,000.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	17,733.23 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	[ Edit ]
Average Monthly Net Salary (After Tax)	99,500.00 J$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	8.58	7.00-10.00

These data are based on 96 entries in the past 18 months from 20 different contributors.
Last update: December 2020

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