Property Prices in North Macedonia

Index Info
Price to Income Ratio: 12.24
Mortgage as Percentage of Income: 95.33%
Loan Affordability Index: 1.05
Price to Rent Ratio - City Centre: 27.74
Price to Rent Ratio - Outside of Centre: 26.84
Gross Rental Yield (City Centre): 3.60%
Gross Rental Yield (Outside of Centre): 3.73%
Rent Per Month
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Apartment (1 bedroom) in City Centre 18,820.90 ден 12,000.00-28,000.00
Apartment (1 bedroom) Outside of Centre 14,164.14 ден 9,770.22-20,000.00
Apartment (3 bedrooms) in City Centre 31,161.62 ден 20,000.00-46,161.51
Apartment (3 bedrooms) Outside of Centre 22,157.94 ден 15,000.00-33,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 10,201.15 ден 6,131.55-14,295.03
Price per Square Feet to Buy Apartment Outside of Centre 7,252.32 ден 4,645.11-10,219.25
Salaries And Financing
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Average Monthly Net Salary (After Tax) 38,376.54 ден
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.80 3.40-6.90

These data are based on 525 entries from 99 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
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