Property Prices in Kingston, Jamaica

Index Info
Price to Income Ratio: 7.74
Mortgage as Percentage of Income: 81.05%
Loan Affordability Index: 1.23
Price to Rent Ratio - City Centre: 9.88
Price to Rent Ratio - Outside of Centre: 12.11
Gross Rental Yield (City Centre): 10.12%
Gross Rental Yield (Outside of Centre): 8.26%
Rent Per Month
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Apartment (1 bedroom) in City Centre 86,904.92 J$ 55,000.00-150,477.97
Apartment (1 bedroom) Outside of Centre 44,776.29 J$ 30,000.00-105,334.58
Apartment (3 bedrooms) in City Centre 166,444.86 J$ 85,000.00-400,000.00
Apartment (3 bedrooms) Outside of Centre 88,869.49 J$ 50,000.00-240,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 17,903.48 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
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Average Monthly Net Salary (After Tax) 102,285.71 J$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.58 7.00-10.00

These data are based on 88 entries in the past 18 months from 17 different contributors.
Last update: March 2021

Sources and References
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