Property Prices in Elbasan, Albania

Index Info
Price to Income Ratio: 10.00
Mortgage as Percentage of Income: 86.67%
Loan Affordability Index: 1.15
Price to Rent Ratio - City Centre: 22.52
Price to Rent Ratio - Outside of Centre: 20.70
Gross Rental Yield (City Centre): 4.44%
Gross Rental Yield (Outside of Centre): 4.83%

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Rent Per Month
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1 Bedroom Apartment in City Centre 24,333.33 Lek 18,000.00-30,000.00
1 Bedroom Apartment Outside of City Centre 16,666.67 Lek 12,000.00-20,000.00
3 Bedroom Apartment in City Centre 36,000.00 Lek 23,000.00-50,000.00
3 Bedroom Apartment Outside of City Centre 25,333.33 Lek 16,000.00-35,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 10,219.25 Lek 7,432.18-13,935.34
Price per Square Feet to Buy Apartment Outside of Centre 6,503.16 Lek 5,574.14-7,432.18
Salaries And Financing
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Average Monthly Net Salary (After Tax) 45,000.00 Lek
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.10 5.70-6.50

These data are based on 27 entries from 6 contributors over the past 18 months.
Last update: 27 November 2025

Sources and References
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