Property Prices in Karaj, Iran

Index
Price to Income Ratio:	26.15
Mortgage as Percentage of Income:	616.14%
Loan Affordability Index:	0.16
Price to Rent Ratio - City Centre:	16.24
Price to Rent Ratio - Outside of Centre:	14.09
Gross Rental Yield (City Centre):	6.16%
Gross Rental Yield (Outside of Centre):	7.10%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	484.59 $	350.00-712.50
Apartment (1 bedroom) Outside of Centre	359.64 $	250.00-1,000.00
Apartment (3 bedrooms) in City Centre	1,089.95 $	400.00-2,372.20
Apartment (3 bedrooms) Outside of Centre	671.88 $	150.00-1,187.51
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	177.39 $	74.32-330.97
Price per Square Feet to Buy Apartment Outside of Centre	104.44 $	46.45-220.64
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	290.06 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	23.33	18.00-28.00

These data are based on 69 entries in the past 18 months from 11 different contributors.
Last update: June 2023

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country data (source The World Bank, 2021)
GDP Per Capita ($) :	12,389.00
GDP Growth Rate:	3.70%
Population Growth Rate:	1.03%