Property Prices in West Palm Beach, FL, United States

Index Info
Price to Income Ratio: 7.24
Mortgage as Percentage of Income: 51.52%
Loan Affordability Index: 1.94
Price to Rent Ratio - City Centre: 28.01
Price to Rent Ratio - Outside of Centre: 6.74
Gross Rental Yield (City Centre): 3.57%
Gross Rental Yield (Outside of Centre): 14.83%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,698.92 $ 1,500.00-1,900.00
Apartment (1 bedroom) Outside of Centre 1,321.64 $ 900.00-1,650.00
Apartment (3 bedrooms) in City Centre 1,969.09 $ 1,800.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,820.42 $ 1,650.00-2,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 810.10 $ 297.16-2,286.65
Price per Square Feet to Buy Apartment Outside of Centre 161.52 $ 148.80-200.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,613.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.76 3.15-5.00

These data are based on 125 entries in the past 18 months from 26 different contributors.
Last update: March 2021

Sources and References
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