Property Prices in Azerbaijan

Index
Price to Income Ratio:	14.48
Mortgage as Percentage of Income:	165.00%
Loan Affordability Index:	0.61
Price to Rent Ratio - City Centre:	24.50
Price to Rent Ratio - Outside of Centre:	19.52
Gross Rental Yield (City Centre):	4.08%
Gross Rental Yield (Outside of Centre):	5.12%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	403.99 man	200.00-600.00
Apartment (1 bedroom) Outside of Centre	234.78 man	150.00-350.00
Apartment (3 bedrooms) in City Centre	767.90 man	450.00-1,500.00
Apartment (3 bedrooms) Outside of Centre	416.45 man	250.00-750.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	205.67 man	111.48-325.16
Price per Square Feet to Buy Apartment Outside of Centre	92.29 man	60.39-139.35
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	553.86 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	9.77	7.00-18.00

These data are based on 385 entries in the past 18 months from 76 different contributors.
Last update: June 2022
Our data for each country are based on all entries from all cities in that country.

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