Property Prices in Mongolia

Index
Price to Income Ratio:	11.56
Mortgage as Percentage of Income:	150.60%
Loan Affordability Index:	0.66
Price to Rent Ratio - City Centre:	14.80
Price to Rent Ratio - Outside of Centre:	13.77
Gross Rental Yield (City Centre):	6.76%
Gross Rental Yield (Outside of Centre):	7.26%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	1,011,486.83 ₮	700,000.00-2,000,000.00
Apartment (1 bedroom) Outside of Centre	644,712.41 ₮	350,000.00-1,500,000.00
Apartment (3 bedrooms) in City Centre	1,816,428.49 ₮	1,279,154.37-3,000,000.00
Apartment (3 bedrooms) Outside of Centre	1,019,139.91 ₮	659,475.14-2,558,308.73
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	303,094.90 ₮	189,563.84-528,161.51
Price per Square Feet to Buy Apartment Outside of Centre	170,042.44 ₮	118,836.34-264,080.76
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	1,101,600.83 ₮
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	11.78	8.00-18.00

These data are based on 115 entries in the past 18 months from 16 different contributors.
Last update: August 2020
Our data for each country are based on all entries from all cities in that country.

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