Property Prices in Mongolia

Index Info
Price to Income Ratio: 15.13
Mortgage as Percentage of Income: 160.85%
Loan Affordability Index: 0.62
Price to Rent Ratio - City Centre: 16.70
Price to Rent Ratio - Outside of Centre: 18.97
Gross Rental Yield (City Centre): 5.99%
Gross Rental Yield (Outside of Centre): 5.27%
Rent Per Month
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Apartment (1 bedroom) in City Centre 879,437.87 ₮ 500,000.00-1,200,000.00
Apartment (1 bedroom) Outside of Centre 524,207.48 ₮ 350,000.00-900,000.00
Apartment (3 bedrooms) in City Centre 2,113,823.14 ₮ 1,407,392.46-3,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,275,000.15 ₮ 800,000.00-2,200,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 342,709.75 ₮ 195,094.76-650,315.87
Price per Square Feet to Buy Apartment Outside of Centre 233,416.95 ₮ 111,482.72-325,157.93
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,024,428.55 ₮
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.78 6.00-16.00

These data are based on 113 entries in the past 18 months from 16 different contributors.
Last update: June 2022
Our data for each country are based on all entries from all cities in that country.

Sources and References
This page in other languages:

DeutschImmobilienpreise in der Mongolei
PortuguêsPreços de Imóveis na Mongólia
ItalianoPrezzi delle proprietà immobiliari in Mongolia
FrançaisPrix de l'immobilier en Mongolie
EspañolPrecios de Inmuebles en Mongolia