Property Prices in West Palm Beach, FL, United States

Index Info
Price to Income Ratio: 9.53
Mortgage as Percentage of Income: 78.21%
Loan Affordability Index: 1.28
Price to Rent Ratio - City Centre: 34.41
Price to Rent Ratio - Outside of Centre: 5.40
Gross Rental Yield (City Centre): 2.91%
Gross Rental Yield (Outside of Centre): 18.51%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,100.00 $ 1,800.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,650.17 $ 1,550.50-1,800.00
Apartment (3 bedrooms) in City Centre 4,166.67 $ 3,500.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 3,233.33 $ 3,000.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,531.99 $ 400.00-2,286.65
Price per Square Feet to Buy Apartment Outside of Centre 187.93 $ 148.80-225.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,857.14 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.43 3.00-6.00

These data are based on 43 entries in the past 18 months from 10 different contributors.
Last update: August 2022

Sources and References
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