Property Prices in Mongolia

Index Info
Price to Income Ratio: 15.52
Mortgage as Percentage of Income: 138.27%
Loan Affordability Index: 0.72
Price to Rent Ratio - City Centre: 13.83
Price to Rent Ratio - Outside of Centre: 13.03
Gross Rental Yield (City Centre): 7.23%
Gross Rental Yield (Outside of Centre): 7.68%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,554,078.09 ₮ 1,000,000.00-2,700,000.00
Apartment (1 bedroom) Outside of Centre 1,038,888.89 ₮ 450,000.00-1,800,000.00
Apartment (3 bedrooms) in City Centre 2,888,888.89 ₮ 2,000,000.00-5,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,962,500.00 ₮ 1,200,000.00-3,000,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 442,000.40 ₮ 278,706.80-557,413.60
Price per Square Feet to Buy Apartment Outside of Centre 280,395.93 ₮ 232,255.67-371,609.07
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,252,307.69 ₮
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.44 6.00-9.00

These data are based on 119 entries in the past 18 months from 18 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
This page in other languages: