Property Prices in Baghdad, Iraq

Index Info
Price to Income Ratio: 21.69
Mortgage as Percentage of Income: 159.38%
Loan Affordability Index: 0.63
Price to Rent Ratio - City Centre: 36.72
Price to Rent Ratio - Outside of Centre: 23.52
Gross Rental Yield (City Centre): 2.72%
Gross Rental Yield (Outside of Centre): 4.25%
Rent Per Month
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1 Bedroom Apartment in City Centre ID662,729.06 400,000.00-1,090,019.67
1 Bedroom Apartment Outside of City Centre ID429,169.40 200,000.00-700,000.00
3 Bedroom Apartment in City Centre ID1,095,000.00 700,000.00-1,700,000.00
3 Bedroom Apartment Outside of City Centre ID762,729.06 500,000.00-1,090,019.67
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre ID475,062.49 232,255.67-620,736.80
Price per Square Feet to Buy Apartment Outside of Centre ID203,443.42 126,581.62-310,368.40
Salaries And Financing
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Average Monthly Net Salary (After Tax) ID841,752.73
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.12 1.30-8.00

These data are based on 118 entries from 18 contributors over the past 18 months.
Last update: 4 May 2026

Sources and References
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2 Comments so far
Hazboun on Mar 23, 2025:
What is the price of square meter in a prime location Aljamia street with a commercial building on it
bahaa on Oct 29, 2021:
There is a record that includes numbers of buildable plots in the center of the city of Baghdad, how can I obtain them?