Property Prices in Mongolia

Index Info
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
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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
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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
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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.

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