Price/Rent Ratio in British Virgin Is. compared to Caribbean

This price-to-rent ratio helps assess whether it is more cost-effective to buy or rent a home in a given market. A high price-to-rent ratio suggests that buying a property is more expensive relative to renting, whereas a low ratio indicates that buying may be more favorable than renting.

  • Price-to-Rent Ratio below 16: It's generally cheaper to buy a home than to rent.
  • Price-to-Rent Ratio between 17 and 20: The cost of buying and renting is roughly comparable.
  • Price-to-Rent Ratio above 21: It's generally cheaper to rent than to buy.
Last updated December, 2024
Cayman Islands, Grand Cayman 19 yrs
Bahamas, Nassau 17 yrs
Aruba 17 yrs

The British Virgin Is does not publish official house price statistics. General economics statistics are from the Development Planning Unit of the British Virgin Islands.

Subscribe to Global Property Guide

Access up-to-date real estate data and statistics.

Get behind the paywall and more...

Get the data behind 70+ countries for $29 per month.
Latest Market Reports
Rental Yields
House Price Indices
Rent Price Indices
Square Meter Prices
Median Prices and Rents
Mortgage Rates
Property Taxes
Investment Properties
Quarterly Market Overviews
Subscription required