Property Prices in Azerbaijan

Index Info
Price to Income Ratio: 15.99
Mortgage as Percentage of Income: 171.26%
Loan Affordability Index: 0.58
Price to Rent Ratio - City Centre: 19.85
Price to Rent Ratio - Outside of Centre: 19.24
Gross Rental Yield (City Centre): 5.04%
Gross Rental Yield (Outside of Centre): 5.20%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 730.77 man 450.00-1,200.00
Apartment (1 bedroom) Outside of Centre 416.25 man 250.00-600.00
Apartment (3 bedrooms) in City Centre 1,494.87 man 800.00-2,550.00
Apartment (3 bedrooms) Outside of Centre 723.08 man 500.00-1,200.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 312.09 man 222.97-418.06
Price per Square Feet to Buy Apartment Outside of Centre 159.79 man 111.48-232.26
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 794.05 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.89 7.00-12.00

These data are based on 435 entries from 61 contributors over the past 18 months.
Last update: April 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
This Page in Other Languages: