Property Prices in Azerbaijan

Index Info
Price to Income Ratio: 16.79
Mortgage as Percentage of Income: 180.63%
Loan Affordability Index: 0.55
Price to Rent Ratio - City Centre: 20.40
Price to Rent Ratio - Outside of Centre: 19.93
Gross Rental Yield (City Centre): 4.90%
Gross Rental Yield (Outside of Centre): 5.02%
Rent Per Month
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Apartment (1 bedroom) in City Centre 717.11 man 450.00-1,000.00
Apartment (1 bedroom) Outside of Centre 413.16 man 250.00-600.00
Apartment (3 bedrooms) in City Centre 1,463.89 man 800.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 731.08 man 500.00-1,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 314.37 man 222.97-418.06
Price per Square Feet to Buy Apartment Outside of Centre 165.62 man 111.48-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 769.38 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.95 7.00-12.00

These data are based on 418 entries from 59 contributors over the past 18 months.
Last update: 15 June 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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