Property Prices in Nizhny Novgorod, Russia

Index Info
Price to Income Ratio: 14.01
Mortgage as Percentage of Income: 167.86%
Loan Affordability Index: 0.60
Price to Rent Ratio - City Centre: 27.93
Price to Rent Ratio - Outside of Centre: 28.60
Gross Rental Yield (City Centre): 3.58%
Gross Rental Yield (Outside of Centre): 3.50%
Rent Per Month
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Apartment (1 bedroom) in City Centre 26,250.17 руб 20,000.00-35,000.00
Apartment (1 bedroom) Outside of Centre 17,454.55 руб 14,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 54,166.67 руб 40,000.00-70,000.00
Apartment (3 bedrooms) Outside of Centre 33,333.33 руб 30,000.00-45,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 15,839.40 руб 13,006.32-23,225.57
Price per Square Feet to Buy Apartment Outside of Centre 10,395.31 руб 9,290.23-13,935.34
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 10.50 6.00-15.00

These data are based on 160 entries in the past 18 months from 32 different contributors.
Last update: February 2024

Sources and References
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