Property Prices in West Palm Beach, FL, United States

Index Info
Price to Income Ratio: 5.00
Mortgage as Percentage of Income: 45.08%
Loan Affordability Index: 2.22
Price to Rent Ratio - City Centre: 9.46
Price to Rent Ratio - Outside of Centre: 11.10
Gross Rental Yield (City Centre): 10.58%
Gross Rental Yield (Outside of Centre): 9.01%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,240.00 $ 1,800.00-2,800.00
Apartment (1 bedroom) Outside of Centre 1,683.33 $ 1,400.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,720.00 $ 3,300.00-6,500.00
Apartment (3 bedrooms) Outside of Centre 3,066.67 $ 2,700.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 414.39 $ 371.98-473.21
Price per Square Feet to Buy Apartment Outside of Centre 380.65 $ 371.98-397.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,276.12 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.59 6.19-7.00

These data are based on 73 entries in the past 18 months from 23 different contributors.
Last update: December 2024

Sources and References
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