Property Prices in West Palm Beach, FL, United States

Index Info
Price to Income Ratio: 3.29
Mortgage as Percentage of Income: 27.21%
Loan Affordability Index: 3.67
Price to Rent Ratio - City Centre: 7.82
Price to Rent Ratio - Outside of Centre: 5.98
Gross Rental Yield (City Centre): 12.78%
Gross Rental Yield (Outside of Centre): 16.71%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,225.00 $ 1,800.00-2,700.00
Apartment (1 bedroom) Outside of Centre 1,610.10 $ 1,500.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,933.33 $ 3,500.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 3,300.00 $ 3,000.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 350.00 $ 250.00-400.00
Price per Square Feet to Buy Apartment Outside of Centre 207.50 $ 190.00-225.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,560.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.52 5.43-6.00

These data are based on 41 entries in the past 18 months from 8 different contributors.
Last update: June 2023

Sources and References
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