Property Prices in Medellin, Colombia

Index Info
Price to Income Ratio: 17.26
Mortgage as Percentage of Income: 248.96%
Loan Affordability Index: 0.40
Price to Rent Ratio - City Centre: 17.33
Price to Rent Ratio - Outside of Centre: 17.00
Gross Rental Yield (City Centre): 5.77%
Gross Rental Yield (Outside of Centre): 5.88%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 458.30 $ 254.40-809.47
Apartment (1 bedroom) Outside of Centre 348.36 $ 208.15-578.19
Apartment (3 bedrooms) in City Centre 783.73 $ 555.06-1,272.02
Apartment (3 bedrooms) Outside of Centre 677.95 $ 462.55-925.10
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 157.40 $ 68.76-236.35
Price per Square Feet to Buy Apartment Outside of Centre 124.42 $ 96.69-171.89
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 439.46 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.43 9.50-18.00

These data are based on 208 entries from 39 contributors over the past 18 months.
Last update: April 2025

Sources and References
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1 Comments so far
Imtiaz Husain on Jul 04, 2024:
Excellent application. From the comfort and convenience of one's bedroom one can have a very complete and comprehensive information of. The country and city one is interested in. Hats off to your efforts and keep it up.......!