Property Prices in Novorossiysk, Russia

Index Info
Price to Income Ratio: 12.90
Mortgage as Percentage of Income: 262.93%
Loan Affordability Index: 0.38
Price to Rent Ratio - City Centre: 31.76
Price to Rent Ratio - Outside of Centre: 34.92
Gross Rental Yield (City Centre): 3.15%
Gross Rental Yield (Outside of Centre): 2.86%

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Rent Per Month
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1 Bedroom Apartment in City Centre 31,666.67 руб 30,000.00-35,000.00
1 Bedroom Apartment Outside of City Centre 25,000.00 руб 20,000.00-30,000.00
3 Bedroom Apartment in City Centre 52,500.00 руб 45,000.00-60,000.00
3 Bedroom Apartment Outside of City Centre 32,500.00 руб 30,000.00-35,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 19,664.31 руб 14,864.36-26,477.15
Price per Square Feet to Buy Apartment Outside of Centre 15,483.71 руб 12,077.29-21,367.52
Salaries And Financing
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Average Monthly Net Salary (After Tax) 73,333.33 руб
Annual Mortgage Interest Rate (20-Year Fixed, in %) 20.00 14.00-22.00

These data are based on 23 entries from 4 contributors over the past 18 months.
Last update: 9 October 2025

Sources and References
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