Property Prices in Novosibirsk, Russia

Index Info
Price to Income Ratio: 14.54
Mortgage as Percentage of Income: 187.96%
Loan Affordability Index: 0.53
Price to Rent Ratio - City Centre: 24.50
Price to Rent Ratio - Outside of Centre: 22.36
Gross Rental Yield (City Centre): 4.08%
Gross Rental Yield (Outside of Centre): 4.47%
Rent Per Month
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Apartment (1 bedroom) in City Centre 28,441.37 руб 25,000.00-35,000.00
Apartment (1 bedroom) Outside of Centre 18,541.66 руб 15,000.00-23,000.00
Apartment (3 bedrooms) in City Centre 51,819.40 руб 40,000.00-80,000.00
Apartment (3 bedrooms) Outside of Centre 33,771.03 руб 25,000.00-45,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 14,202.21 руб 10,219.25-18,580.45
Price per Square Feet to Buy Apartment Outside of Centre 8,449.05 руб 6,503.16-11,148.27
Salaries And Financing
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Average Monthly Net Salary (After Tax) 41,913.79 руб
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.65 7.00-20.00

These data are based on 295 entries in the past 18 months from 45 different contributors.
Last update: March 2023

Sources and References
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