Property Prices in Mongolia

Index Info
Price to Income Ratio: 11.82
Mortgage as Percentage of Income: 133.10%
Loan Affordability Index: 0.75
Price to Rent Ratio - City Centre: 11.56
Price to Rent Ratio - Outside of Centre: 9.13
Gross Rental Yield (City Centre): 8.65%
Gross Rental Yield (Outside of Centre): 10.96%
Rent Per Month
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1 Bedroom Apartment in City Centre ₮2,048,914.67 2,000,000.00-2,500,000.00
1 Bedroom Apartment Outside of City Centre ₮1,544,224.67 1,100,000.00-2,000,000.00
3 Bedroom Apartment in City Centre ₮5,844,640.00 4,500,000.00-6,118,300.00
3 Bedroom Apartment Outside of City Centre ₮3,385,709.33 2,100,000.00-4,066,870.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre ₮606,590.69 515,607.58-826,830.17
Price per Square Feet to Buy Apartment Outside of Centre ₮313,651.68 299,997.50-353,028.61
Salaries And Financing
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Average Monthly Net Salary (After Tax) ₮2,095,648.00
Annual Mortgage Interest Rate (20-Year Fixed, in %) 9.60 6.00-16.80

These data are based on 101 entries from 15 contributors over the past 18 months.
Last update: 2 October 2026
Our data for each country are based on all entries from all cities in that country.

Sources and References
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