Property Prices in Quito, Ecuador

Index Info
Price to Income Ratio: 9.08
Mortgage as Percentage of Income: 113.90%
Loan Affordability Index: 0.88
Price to Rent Ratio - City Centre: 16.62
Price to Rent Ratio - Outside of Centre: 12.60
Gross Rental Yield (City Centre): 6.02%
Gross Rental Yield (Outside of Centre): 7.94%
Rent Per Month
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Apartment (1 bedroom) in City Centre 451.18 $ 325.00-700.00
Apartment (1 bedroom) Outside of Centre 317.19 $ 200.00-500.00
Apartment (3 bedrooms) in City Centre 772.56 $ 550.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 497.67 $ 380.00-800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 148.64 $ 111.48-185.80
Price per Square Feet to Buy Apartment Outside of Centre 76.31 $ 46.45-92.90
Salaries And Financing
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Average Monthly Net Salary (After Tax) 666.44 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.19 7.00-13.00

These data are based on 140 entries from 26 contributors over the past 18 months.
Last update: 11 June 2025

Sources and References
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