Property Prices in Iran

Index Info
Price to Income Ratio: 21.55
Mortgage as Percentage of Income: 482.48%
Loan Affordability Index: 0.21
Price to Rent Ratio - City Centre: 17.75
Price to Rent Ratio - Outside of Centre: 15.78
Gross Rental Yield (City Centre): 5.64%
Gross Rental Yield (Outside of Centre): 6.34%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 344.93 $ 200.00-730.00
Apartment (1 bedroom) Outside of Centre 234.14 $ 110.00-600.00
Apartment (3 bedrooms) in City Centre 718.85 $ 400.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 481.28 $ 250.00-1,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 132.88 $ 74.32-278.71
Price per Square Feet to Buy Apartment Outside of Centre 79.69 $ 44.59-176.51
Salaries And Financing
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Average Monthly Net Salary (After Tax) 265.37 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 22.10 18.00-28.00

These data are based on 1353 entries in the past 18 months from 226 different contributors.
Last update: November 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References

By City in Iran

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
Isfahan (Esfahan) 18.9 6.3 11.0 15.9 9.1 466.7 0.2
Mashhad 22.8 5.0 5.2 19.8 19.3 467.6 0.2
Shiraz 28.7 7.7 3.2 13.0 31.6 625.9 0.2
Tehran 37.2 4.6 5.5 21.7 18.3 873.0 0.1
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