Property Prices in Montenegro

Index Info
Price to Income Ratio: 12.80
Mortgage as Percentage of Income: 107.56%
Loan Affordability Index: 0.93
Price to Rent Ratio - City Centre: 18.65
Price to Rent Ratio - Outside of Centre: 18.98
Gross Rental Yield (City Centre): 5.36%
Gross Rental Yield (Outside of Centre): 5.27%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 596.05 € 450.00-1,000.00
Apartment (1 bedroom) Outside of Centre 449.64 € 330.00-650.00
Apartment (3 bedrooms) in City Centre 1,046.02 € 700.00-1,700.00
Apartment (3 bedrooms) Outside of Centre 802.59 € 550.00-1,200.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 222.75 € 157.93-297.29
Price per Square Feet to Buy Apartment Outside of Centre 172.29 € 130.06-232.26
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 830.45 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.72 5.00-7.00

These data are based on 599 entries from 95 contributors over the past 18 months.
Last update: May 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 16.9 6.2 5.8 16.0 17.1 144.4 0.7
Podgorica 11.8 5.0 4.9 20.0 20.3 100.2 1.0
This Page in Other Languages: