Property Prices in Mongolia

Index
Price to Income Ratio:	11.45
Mortgage as Percentage of Income:	137.47%
Loan Affordability Index:	0.73
Price to Rent Ratio - City Centre:	13.91
Price to Rent Ratio - Outside of Centre:	14.21
Gross Rental Yield (City Centre):	7.19%
Gross Rental Yield (Outside of Centre):	7.04%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,016,445.51 ₮	700,000.00-2,000,000.00
Apartment (1 bedroom) Outside of Centre	640,915.09 ₮	350,000.00-1,200,000.00
Apartment (3 bedrooms) in City Centre	1,809,897.04 ₮	1,283,155.96-3,000,000.00
Apartment (3 bedrooms) Outside of Centre	951,359.33 ₮	570,291.54-1,500,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	285,209.83 ₮	185,804.53-464,511.33
Price per Square Feet to Buy Apartment Outside of Centre	169,996.35 ₮	119,208.10-232,255.67
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,069,785.00 ₮
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	10.53	8.00-18.00

These data are based on 90 entries in the past 18 months from 12 different contributors.
Last update: March 2021
Our data for each country are based on all entries from all cities in that country.

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