Rental yields in Bermuda
Gross yield is a year of the median local rent over the median local asking price. It is a rough guide to how the two markets sit relative to each other, and today the widest gap is in St George's at 11.3%. It is not a return: it takes no account of costs, voids, tax or what the place actually sells for.
By size
| Bedrooms | Median asking price | Median rent | Gross yield |
|---|---|---|---|
| 1 bed | $875,000 | $6,000 pcm | 8.2% |
| 2 bed | $950,000 | $7,500 pcm | 9.5% |
| 3 bed | $2,300,000 | $8,000 pcm | 4.2% |
| 4 bed | $2,650,000 | $10,500 pcm | 4.8% |
By area
| Area | Median asking | Median rent | Gross yield |
|---|---|---|---|
| St George's | $1,910,000 | $18,000 pcm | 11.3% |
| Paget | $975,000 | $9,000 pcm | 11.1% |
| Smith's | $1,995,000 | $18,000 pcm | 10.8% |
| Devonshire | $1,000,000 | $7,950 pcm | 9.5% |
| Warwick | $1,100,000 | $6,500 pcm | 7.1% |
| City of Hamilton | $2,600,000 | $9,000 pcm | 4.2% |
| Hamilton Parish | $2,400,000 | $7,000 pcm | 3.5% |
While you are here
Renting out
Where does renting out pay best in Bermuda?
St George's shows the widest gap between rents and prices at 11.3% gross, against 7.7% island-wide.
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This week
What has moved in Bermuda this week?
48 listings appeared, 6 had their price cut and 1 went up. We read every agent's site overnight, so this is the week as it happened.
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Geography
Where is the biggest price gap in Bermuda?
The median home in City of Hamilton asks $2,600,000; in Sandys, Bermuda it asks $250,000. Same island, 10.4× the price.
What would make this wrong: It compares what is on the market, not like for like. An area of large houses will always beat an area of flats, whatever the land underneath is worth.
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Everything the data says about Bermuda
More ways into Bermuda
Yields outside 1–12% are suppressed everywhere on this site: they are almost always a holiday let priced by the night being read as a monthly rent.