Property Prices in West Palm Beach, FL, United States

Index Info
Price to Income Ratio: 4.88
Mortgage as Percentage of Income: 44.03%
Loan Affordability Index: 2.27
Price to Rent Ratio - City Centre: 7.80
Price to Rent Ratio - Outside of Centre: 11.12
Gross Rental Yield (City Centre): 12.83%
Gross Rental Yield (Outside of Centre): 8.99%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 2,500.00 $ 1,900.00-2,800.00
Apartment (1 bedroom) Outside of Centre 1,800.00 $ 1,600.00-2,200.00
Apartment (3 bedrooms) in City Centre 4,575.00 $ 3,500.00-6,500.00
Apartment (3 bedrooms) Outside of Centre 3,100.00 $ 2,700.00-3,500.00
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) 4,390.15 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.61 6.19-6.80

These data are based on 53 entries in the past 18 months from 18 different contributors.
Last update: November 2024

Sources and References
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