Property Prices in West Palm Beach, FL, United States

Index Info
Price to Income Ratio: 9.77
Mortgage as Percentage of Income: 70.31%
Loan Affordability Index: 1.42
Price to Rent Ratio - City Centre: 40.28
Price to Rent Ratio - Outside of Centre: 6.59
Gross Rental Yield (City Centre): 2.48%
Gross Rental Yield (Outside of Centre): 15.18%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,742.30 $ 1,650.00-2,100.00
Apartment (1 bedroom) Outside of Centre 1,361.50 $ 1,200.00-1,650.00
Apartment (3 bedrooms) in City Centre 1,945.00 $ 1,800.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,843.89 $ 1,650.00-2,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,179.47 $ 298.16-2,286.65
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) 3,693.21 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.88 3.00-5.60

These data are based on 109 entries in the past 18 months from 29 different contributors.
Last update: July 2021

Sources and References
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