Property Prices in Mongolia

Index Info
Price to Income Ratio: 14.42
Mortgage as Percentage of Income: 123.97%
Loan Affordability Index: 0.81
Price to Rent Ratio - City Centre: 11.97
Price to Rent Ratio - Outside of Centre: 10.84
Gross Rental Yield (City Centre): 8.35%
Gross Rental Yield (Outside of Centre): 9.22%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,680,722.80 ₮ 1,200,000.00-3,000,000.00
Apartment (1 bedroom) Outside of Centre 1,337,500.00 ₮ 600,000.00-2,000,000.00
Apartment (3 bedrooms) in City Centre 4,501,937.61 ₮ 2,000,000.00-7,000,000.00
Apartment (3 bedrooms) Outside of Centre 2,485,714.29 ₮ 1,500,000.00-3,000,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 497,491.64 ₮ 366,963.95-826,830.17
Price per Square Feet to Buy Apartment Outside of Centre 298,226.37 ₮ 249,997.92-371,609.07
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,485,000.00 ₮
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.00 5.00-6.00

These data are based on 98 entries from 15 contributors over the past 18 months.
Last update: April 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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