Property Prices in Nizhny Novgorod, Russia

Index Info
Price to Income Ratio: 16.30
Mortgage as Percentage of Income: 180.01%
Loan Affordability Index: 0.56
Price to Rent Ratio - City Centre: 27.12
Price to Rent Ratio - Outside of Centre: 31.56
Gross Rental Yield (City Centre): 3.69%
Gross Rental Yield (Outside of Centre): 3.17%
Rent Per Month
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Apartment (1 bedroom) in City Centre 28,629.26 руб 25,000.00-35,000.00
Apartment (1 bedroom) Outside of Centre 17,125.00 руб 15,000.00-23,020.81
Apartment (3 bedrooms) in City Centre 48,144.56 руб 40,000.00-65,000.00
Apartment (3 bedrooms) Outside of Centre 31,600.00 руб 28,000.00-36,312.07
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 15,273.42 руб 11,817.07-18,580.45
Price per Square Feet to Buy Apartment Outside of Centre 11,080.12 руб 10,219.25-12,105.77
Salaries And Financing
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Average Monthly Net Salary (After Tax) 43,500.00 руб
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.32 6.00-13.00

These data are based on 105 entries in the past 18 months from 28 different contributors.
Last update: May 2023

Sources and References
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