Property Prices in Ningbo, China

Index Info
Price to Income Ratio: 15.66
Mortgage as Percentage of Income: 105.89%
Loan Affordability Index: 0.94
Price to Rent Ratio - City Centre: 50.26
Price to Rent Ratio - Outside of Centre: 52.84
Gross Rental Yield (City Centre): 1.99%
Gross Rental Yield (Outside of Centre): 1.89%
Rent Per Month
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1 Bedroom Apartment in City Centre 2,625.00 ¥ 1,600.00-4,000.00
1 Bedroom Apartment Outside of City Centre 1,320.00 ¥ 1,000.00-3,000.00
3 Bedroom Apartment in City Centre 5,625.00 ¥ 3,500.00-12,300.00
3 Bedroom Apartment Outside of City Centre 3,254.00 ¥ 2,500.00-4,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,903.20 ¥ 1,858.05-4,180.60
Price per Square Feet to Buy Apartment Outside of Centre 1,649.02 ¥ 1,021.92-2,322.56
Salaries And Financing
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Average Monthly Net Salary (After Tax) 7,824.45 ¥
Annual Mortgage Interest Rate (20-Year Fixed, in %) 3.18 3.00-4.50

These data are based on 50 entries from 8 contributors over the past 18 months.
Last update: 23 January 2026

Sources and References
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