Rental yields in Grenada
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 Karland Park, St George at 10.7%. 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 | $395,000 | $1,200 pcm | 3.6% |
| 2 bed | $575,000 | $1,800 pcm | 3.8% |
| 3 bed | $645,000 | $2,600 pcm | 4.8% |
| 4 bed | $1,375,000 | $5,000 pcm | 4.4% |
By area
| Area | Median asking | Median rent | Gross yield |
|---|---|---|---|
| Karland Park, St George | $197,000 | $1,750 pcm | 10.7% |
| Fort Jeudy, St George | $182,278 | $1,200 pcm | 7.9% |
| Lance Aux Epines, St George | $344,840 | $2,000 pcm | 7% |
| Jean Anglais, St George | $145,476 | $600 pcm | 4.9% |
| Point Salines, St George | $351,240 | $1,400 pcm | 4.8% |
| Lance aux Epines | $575,000 | $2,000 pcm | 4.2% |
| Morne Rouge, St George | $416,000 | $1,200 pcm | 3.5% |
| Pomme Cannelle, Westerhall Land Settleme | $1,300,000 | $3,800 pcm | 3.5% |
| Egmont, St George | $578,760 | $1,250 pcm | 2.6% |
| True Blue, St George | $1,350,000 | $1,700 pcm | 1.5% |
| Westerhall Heights, St David | $662,520 | $810 pcm | 1.5% |
While you are here
The market
How concentrated is Grenada's market?
Three agents hold 73% of everything advertised — 127, 96, 35 listings out of 354. 5 agents share the rest.
What would make this wrong: It counts adverts, not sales. An agency that lists everything it is asked to and one that sells everything it lists look identical here.
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The market
Do agents agree on what a house is worth?
1 property is marketed by more than one agent here. Both figures are published as given.
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Renting out
Where does renting out pay best in Grenada?
Karland Park, St George shows the widest gap between rents and prices at 10.7% gross, against 5.8% island-wide.
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Everything the data says about Grenada
More ways into Grenada
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.