Property Prices in Nizhny Novgorod, Russia

Index Info
Price to Income Ratio: 13.35
Mortgage as Percentage of Income: 151.01%
Loan Affordability Index: 0.66
Price to Rent Ratio - City Centre: 19.43
Price to Rent Ratio - Outside of Centre: 22.63
Gross Rental Yield (City Centre): 5.15%
Gross Rental Yield (Outside of Centre): 4.42%
Rent Per Month
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Apartment (1 bedroom) in City Centre 26,555.56 руб 23,000.00-30,000.00
Apartment (1 bedroom) Outside of Centre 15,666.67 руб 15,000.00-20,000.00
Apartment (3 bedrooms) in City Centre 45,625.00 руб 40,000.00-60,000.00
Apartment (3 bedrooms) Outside of Centre 27,571.43 руб 23,000.00-32,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 10,244.27 руб 9,290.23-12,077.29
Price per Square Feet to Buy Apartment Outside of Centre 7,114.11 руб 6,503.16-9,011.52
Salaries And Financing
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Average Monthly Net Salary (After Tax) 35,000.00 руб
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.66 6.00-13.50

These data are based on 121 entries in the past 18 months from 26 different contributors.
Last update: September 2021

Sources and References
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