Property Prices in Ecuador

Index Info
Price to Income Ratio: 11.51
Mortgage as Percentage of Income: 133.30%
Loan Affordability Index: 0.75
Price to Rent Ratio - City Centre: 16.33
Price to Rent Ratio - Outside of Centre: 19.45
Gross Rental Yield (City Centre): 6.12%
Gross Rental Yield (Outside of Centre): 5.14%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 366.36 $ 200.00-600.00
Apartment (1 bedroom) Outside of Centre 251.12 $ 150.00-450.00
Apartment (3 bedrooms) in City Centre 595.08 $ 400.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 463.48 $ 300.00-800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 115.95 $ 83.61-185.80
Price per Square Feet to Buy Apartment Outside of Centre 100.16 $ 65.03-139.35
Salaries And Financing
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Average Monthly Net Salary (After Tax) 505.07 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.00 7.00-17.00

These data are based on 601 entries in the past 18 months from 105 different contributors.
Last update: February 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References

By City in Ecuador

Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Cuenca 13.4 6.1 6.7 16.3 14.9 176.9 0.6
Guayaquil 10.6 6.4 4.7 15.7 21.3 107.5 0.9
Quito 12.8 6.5 5.4 15.3 18.5 159.0 0.6
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