Property Prices in North Macedonia

Index Info
Price to Income Ratio: 12.47
Mortgage as Percentage of Income: 96.64%
Loan Affordability Index: 1.03
Price to Rent Ratio - City Centre: 28.59
Price to Rent Ratio - Outside of Centre: 27.46
Gross Rental Yield (City Centre): 3.50%
Gross Rental Yield (Outside of Centre): 3.64%
Rent Per Month
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Apartment (1 bedroom) in City Centre 18,726.91 ден 12,000.00-28,000.00
Apartment (1 bedroom) Outside of Centre 14,071.73 ден 9,207.41-20,000.00
Apartment (3 bedrooms) in City Centre 30,836.70 ден 20,000.00-46,037.06
Apartment (3 bedrooms) Outside of Centre 21,926.34 ден 15,000.00-33,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 10,438.05 ден 6,272.86-14,256.49
Price per Square Feet to Buy Apartment Outside of Centre 7,357.56 ден 4,645.11-10,219.25
Salaries And Financing
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Average Monthly Net Salary (After Tax) 38,403.68 ден
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.74 3.50-6.80

These data are based on 525 entries from 93 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
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