Property Prices in West Palm Beach, FL, United States

Index Info
Price to Income Ratio: 4.62
Mortgage as Percentage of Income: 41.52%
Loan Affordability Index: 2.41
Price to Rent Ratio - City Centre: 7.22
Price to Rent Ratio - Outside of Centre: 10.45
Gross Rental Yield (City Centre): 13.84%
Gross Rental Yield (Outside of Centre): 9.57%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 2,700.00 $ 2,600.00-2,800.00
Apartment (1 bedroom) Outside of Centre 1,825.00 $ 1,600.00-2,200.00
Apartment (3 bedrooms) in City Centre 4,933.33 $ 3,800.00-6,500.00
Apartment (3 bedrooms) Outside of Centre 3,500.00 $
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 397.99 $
Price per Square Feet to Buy Apartment Outside of Centre 397.99 $
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,640.09 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.57 6.19-6.80

These data are based on 48 entries in the past 18 months from 16 different contributors.
Last update: April 2024

Sources and References
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