Property Prices in Mongolia

Index
Price to Income Ratio:	10.76
Mortgage as Percentage of Income:	118.49%
Loan Affordability Index:	0.84
Price to Rent Ratio - City Centre:	12.59
Price to Rent Ratio - Outside of Centre:	14.99
Gross Rental Yield (City Centre):	7.94%
Gross Rental Yield (Outside of Centre):	6.67%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	958,729.84 ₮	500,000.00-2,000,000.00
Apartment (1 bedroom) Outside of Centre	540,802.24 ₮	350,000.00-1,200,000.00
Apartment (3 bedrooms) in City Centre	1,809,307.16 ₮	1,281,309.36-3,000,000.00
Apartment (3 bedrooms) Outside of Centre	951,051.56 ₮	569,470.83-1,500,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	250,026.87 ₮	185,167.96-464,511.33
Price per Square Feet to Buy Apartment Outside of Centre	162,636.87 ₮	111,482.72-232,255.67
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,032,285.00 ₮
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	9.28	8.00-18.00

These data are based on 95 entries in the past 18 months from 13 different contributors.
Last update: June 2021
Our data for each country are based on all entries from all cities in that country.

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