Property Prices in Arad, Romania

Index
Price to Income Ratio:	7.80
Mortgage as Percentage of Income:	71.17%
Loan Affordability Index:	1.41
Price to Rent Ratio - City Centre:	18.86
Price to Rent Ratio - Outside of Centre:	20.58
Gross Rental Yield (City Centre):	5.30%
Gross Rental Yield (Outside of Centre):	4.86%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,335.49 lei	1,000.00-2,000.00
Apartment (1 bedroom) Outside of Centre	1,010.89 lei	750.00-1,500.00
Apartment (3 bedrooms) in City Centre	2,309.68 lei	1,738.73-3,000.00
Apartment (3 bedrooms) Outside of Centre	1,697.58 lei	1,300.00-2,500.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	501.47 lei	346.14-696.77
Price per Square Feet to Buy Apartment Outside of Centre	408.87 lei	299.99-557.41
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,140.57 lei
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.75	4.50-9.00

These data are based on 41 entries in the past 18 months from 10 different contributors.
Last update: August 2023

Sources and References

Nearby cities:

Property Prices in Timisoara	34.23 miles
Property Prices in Sannicolau Mare	39.69 miles
Property Prices in Lugoj	67.58 miles
Property Prices in Oradea	73.28 miles
Property Prices in Deva	96.76 miles
Property Prices in Cugir	127.78 miles
Property Prices in Zalau	145.76 miles
Property Prices in Satu Mare	155.36 miles
Property Prices in Drobeta-Turnu Severin	165.94 miles
Property Prices in Cluj-Napoca	168.18 miles

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country data (source The World Bank, 2021)
GDP Per Capita ($) :	29,941.00
GDP Growth Rate:	4.20%
Population Growth Rate:	-0.38%