Gross rental yields in the Cayman Islands
The average gross rental yield in the Cayman Islands stands at 5.36% (Q4, 2024).
Historical rental yields in Cayman Islands
View the full rental yield dataset (2024 - Present)
| Last Updated: Oct 25, 2024 Next Update: June 2025 |
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| CAYMAN ISLANDS - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Cayman Islands (all locations) | |||
| 1-Bedroom | $521,280 | $3,293 | 7.58% |
| 2-Bedroom | $791,463 | $4,085 | 6.19% |
| 3-Bedroom | $1,499,950 | $6,707 | 5.37% |
| 4+Bedroom | $3,800,000 | $7,339 | 2.32% |
| Cayman Islands avg. Rental Yields | 5.36% | ||
| All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and CIREBA Rentals |
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Research Methodology:
Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, 3-bedroom across Cayman Islands, comparing median rental prices with median purchase prices to determine gross rental yields.
We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:
(Median Monthly Rent × 12) ÷ Median Purchase Price × 100
For example, if the median monthly rent is $500 and the median purchase price is $100,000, the yield is calculated as:
($500 × 12) ÷ $100,000 = 6% Gross Rental Yield
Note: NET yields vary from country to country, but are usually 1.5-2% lower.