Property Prices in Montenegro
| Index |  |
|---|---|
| Price to Income Ratio: | 12.84 |
| Mortgage as Percentage of Income: | 107.88% |
| Loan Affordability Index: | 0.93 |
| Price to Rent Ratio - City Centre: | 18.62 |
| Price to Rent Ratio - Outside of Centre: | 18.78 |
| Gross Rental Yield (City Centre): | 5.37% |
| Gross Rental Yield (Outside of Centre): | 5.32% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 595.46 € | |
| Apartment (1 bedroom) Outside of Centre | 453.82 € | |
| Apartment (3 bedrooms) in City Centre | 1,055.18 € | |
| Apartment (3 bedrooms) Outside of Centre | 798.00 € | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 223.18 € | |
| Price per Square Feet to Buy Apartment Outside of Centre | 170.97 € | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 826.19 € | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.72 |
These data are based on 609 entries from 98 contributors over the past 18 months.
Last update: April 2025
Our data for each country are based on all entries from all cities in that country.
Sources and References
By City in Montenegro
Rank |
City |
Price To Income Ratio |
Gross Rental Yield City Centre |
Gross Rental Yield Outside of Centre |
Price To Rent Ratio City Centre |
Price To Rent Ratio Outside Of City Centre |
Mortgage As A Percentage Of Income |
Affordability Index |
|---|---|---|---|---|---|---|---|---|
| Bar | 18.2 | 5.1 | 4.7 | 19.6 | 21.1 | 144.2 | 0.7 | |
| Budva | 17.5 | 5.9 | 5.5 | 16.9 | 18.2 | 149.6 | 0.7 | |
| Podgorica | 11.8 | 5.0 | 4.9 | 20.2 | 20.6 | 100.2 | 1.0 |
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