Property Prices in Nellore, India

Index
Price to Income Ratio:	4.43
Mortgage as Percentage of Income:	51.30%
Loan Affordability Index:	1.95
Price to Rent Ratio - City Centre:	13.10
Price to Rent Ratio - Outside of Centre:	9.26
Gross Rental Yield (City Centre):	7.63%
Gross Rental Yield (Outside of Centre):	10.80%

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Rent Per Month	Edit	Range
1 Bedroom Apartment in City Centre	₹21,937.50	15,000.00-34,000.00
1 Bedroom Apartment Outside of City Centre	₹20,055.56	7,000.00-33,000.00
3 Bedroom Apartment in City Centre	₹42,125.00	40,000.00-45,000.00
3 Bedroom Apartment Outside of City Centre	₹41,125.00	39,000.00-46,000.00

Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	₹5,999.95
Price per Square Feet to Buy Apartment Outside of Centre	₹3,999.97

Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	₹60,750.00
Annual Mortgage Interest Rate (20-Year Fixed, in %)	10.00

These data are based on 57 entries from 13 contributors over the past 18 months.
Last update: 1 June 2026

Sources and References

Nearby Cities:

Property Prices in Badvel	72.71 miles
Property Prices in Tirupati	84.01 miles
Property Prices in Kanigiri, Andhra Pradesh	92.33 miles
Property Prices in Addanki	102.64 miles
Property Prices in Proddatūr	109.12 miles
Property Prices in Chennai	109.46 miles
Property Prices in Darsi, Andhra Pradesh	115.86 miles
Property Prices in Pileru	119.94 miles
Property Prices in Arakkonam	120.84 miles
Property Prices in Tiruvallur	122.02 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	9,200.00
GDP Growth Rate:	8.15%
Population Growth Rate:	0.72%