Property Prices in Nizhny Novgorod, Russia

Index Info
Price to Income Ratio: 15.56
Mortgage as Percentage of Income: 191.25%
Loan Affordability Index: 0.52
Price to Rent Ratio - City Centre: 29.40
Price to Rent Ratio - Outside of Centre: 29.72
Gross Rental Yield (City Centre): 3.40%
Gross Rental Yield (Outside of Centre): 3.36%
Rent Per Month
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Apartment (1 bedroom) in City Centre 28,182.00 руб 20,000.00-40,000.00
Apartment (1 bedroom) Outside of Centre 18,222.22 руб 14,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 58,181.82 руб 40,000.00-70,000.00
Apartment (3 bedrooms) Outside of Centre 34,545.45 руб 30,000.00-45,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 17,903.90 руб 13,006.32-23,225.57
Price per Square Feet to Buy Apartment Outside of Centre 11,239.87 руб 9,290.23-14,864.36
Salaries And Financing
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Average Monthly Net Salary (After Tax) 50,388.33 руб
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.88 6.00-15.00

These data are based on 152 entries in the past 18 months from 31 different contributors.
Last update: May 2024

Sources and References
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