Property Prices in Mongolia

Index Info
Price to Income Ratio: 11.45
Mortgage as Percentage of Income: 137.47%
Loan Affordability Index: 0.73
Price to Rent Ratio - City Centre: 13.91
Price to Rent Ratio - Outside of Centre: 14.21
Gross Rental Yield (City Centre): 7.19%
Gross Rental Yield (Outside of Centre): 7.04%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,016,445.51 ₮ 700,000.00-2,000,000.00
Apartment (1 bedroom) Outside of Centre 640,915.09 ₮ 350,000.00-1,200,000.00
Apartment (3 bedrooms) in City Centre 1,809,897.04 ₮ 1,283,155.96-3,000,000.00
Apartment (3 bedrooms) Outside of Centre 951,359.33 ₮ 570,291.54-1,500,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 285,209.83 ₮ 185,804.53-464,511.33
Price per Square Feet to Buy Apartment Outside of Centre 169,996.35 ₮ 119,208.10-232,255.67
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,069,785.00 ₮
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.53 8.00-18.00

These data are based on 90 entries in the past 18 months from 12 different contributors.
Last update: March 2021
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