Property Prices in Karaj, Iran

Index
Price to Income Ratio:	18.03
Mortgage as Percentage of Income:	393.09%
Loan Affordability Index:	0.25
Price to Rent Ratio - City Centre:	14.69
Price to Rent Ratio - Outside of Centre:	7.79
Gross Rental Yield (City Centre):	6.81%
Gross Rental Yield (Outside of Centre):	12.84%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	324.43 $	200.00-420.00
Apartment (1 bedroom) Outside of Centre	439.62 $	218.47-1,000.00
Apartment (3 bedrooms) in City Centre	880.59 $	550.00-1,092.34
Apartment (3 bedrooms) Outside of Centre	551.35 $	350.00-800.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	118.70 $	92.90-167.22
Price per Square Feet to Buy Apartment Outside of Centre	59.92 $	46.45-76.18
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	266.67 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	21.50	18.00-36.00

These data are based on 54 entries in the past 18 months from 10 different contributors.
Last update: November 2024

Sources and References

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	15,500.00
GDP Growth Rate:	3.78%
Population Growth Rate:	0.93%