Property Prices in Podgorica, Montenegro

Index Info
Price to Income Ratio: 11.60
Mortgage as Percentage of Income: 97.58%
Loan Affordability Index: 1.02
Price to Rent Ratio - City Centre: 20.08
Price to Rent Ratio - Outside of Centre: 20.45
Gross Rental Yield (City Centre): 4.98%
Gross Rental Yield (Outside of Centre): 4.89%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 548.80 € 450.00-650.00
Apartment (1 bedroom) Outside of Centre 422.69 € 350.00-500.00
Apartment (3 bedrooms) in City Centre 985.83 € 800.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 735.00 € 600.00-1,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 223.19 € 185.80-278.71
Price per Square Feet to Buy Apartment Outside of Centre 172.53 € 139.35-195.09
Salaries And Financing
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Average Monthly Net Salary (After Tax) 918.15 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.73 5.00-6.50

These data are based on 268 entries from 40 contributors over the past 18 months.
Last update: 17 June 2025

Sources and References
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