Property Prices in Novorossiysk, Russia

Index Info
Price to Income Ratio: 9.81
Mortgage as Percentage of Income: 212.48%
Loan Affordability Index: 0.47
Price to Rent Ratio - City Centre: 30.64
Price to Rent Ratio - Outside of Centre: 30.44
Gross Rental Yield (City Centre): 3.26%
Gross Rental Yield (Outside of Centre): 3.28%

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Rent Per Month
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1 Bedroom Apartment in City Centre ₽33,333.33 30,000.00-35,000.00
1 Bedroom Apartment Outside of City Centre ₽26,666.67 25,000.00-30,000.00
3 Bedroom Apartment in City Centre ₽48,333.33 40,000.00-60,000.00
3 Bedroom Apartment Outside of City Centre ₽31,666.67 30,000.00-35,000.00
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre ₽203,333.33 190,000.00-220,000.00
Price per Square Meter to Buy Apartment Outside of Centre ₽150,000.00 130,000.00-180,000.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) ₽90,000.00
Annual Mortgage Interest Rate (20-Year Fixed, in %) 21.33 20.00-22.00

These data are based on 29 entries from 4 contributors over the past 12 months.
Last update: 24 August 2026

Sources and References
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