Property Prices in Rakvere, Estonia

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Index
Price to Income Ratio:	6.04
Mortgage as Percentage of Income:	37.68%
Loan Affordability Index:	2.65
Price to Rent Ratio - City Centre:	23.71
Price to Rent Ratio - Outside of Centre:	23.73
Gross Rental Yield (City Centre):	4.22%
Gross Rental Yield (Outside of Centre):	4.21%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	300.00 €
Apartment (1 bedroom) Outside of Centre	250.00 €
Apartment (3 bedrooms) in City Centre	500.00 €
Apartment (3 bedrooms) Outside of Centre	300.00 €
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	139.35 €
Price per Square Feet to Buy Apartment Outside of Centre	102.19 €
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,076.91 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	2.30

These data are based on 9 entries in the past 18 months from 2 different contributors.
Last update: January 2024

Sources and References

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	37,700.00
GDP Growth Rate:	-1.29%
Population Growth Rate:	-0.74%