Property Prices in Mongolia

Index
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	Edit	Range
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	Edit
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	Edit
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.

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