Property Prices in Magnitogorsk, Russia

Index Info
Price to Income Ratio: 7.47
Mortgage as Percentage of Income: 89.45%
Loan Affordability Index: 1.12
Price to Rent Ratio - City Centre: 21.04
Price to Rent Ratio - Outside of Centre: 21.13
Gross Rental Yield (City Centre): 4.75%
Gross Rental Yield (Outside of Centre): 4.73%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 20,000.00 руб
Apartment (1 bedroom) Outside of Centre 12,000.00 руб
Apartment (3 bedrooms) in City Centre 35,000.00 руб
Apartment (3 bedrooms) Outside of Centre 30,000.00 руб
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 8,423.14 руб 6,688.96-11,148.27
Price per Square Feet to Buy Apartment Outside of Centre 6,038.65 руб
Salaries And Financing
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Average Monthly Net Salary (After Tax) 52,125.00 руб
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.50 8.00-12.00

These data are based on 18 entries in the past 18 months from 5 different contributors.
Last update: April 2024

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