Property Prices in Rustavi, Georgia

Index
Price to Income Ratio:	7.35
Mortgage as Percentage of Income:	103.33%
Loan Affordability Index:	0.97
Price to Rent Ratio - City Centre:	9.03
Price to Rent Ratio - Outside of Centre:	9.00
Gross Rental Yield (City Centre):	11.07%
Gross Rental Yield (Outside of Centre):	11.11%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	700.00 GEL
Apartment (1 bedroom) Outside of Centre	654.67 GEL	400.00-1,064.00
Apartment (3 bedrooms) in City Centre	1,200.00 GEL
Apartment (3 bedrooms) Outside of Centre	800.00 GEL
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	125.42 GEL	111.48-139.35
Price per Square Feet to Buy Apartment Outside of Centre	102.19 GEL	92.90-111.48
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	833.33 GEL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	13.00

These data are based on 14 entries in the past 18 months from 3 different contributors.
Last update: April 2024

Sources and References

Nearby cities:

Property Prices in Gardabani	8.46 miles
Property Prices in Didi Lilo	18.71 miles
Property Prices in Tbilisi	21.72 miles
Property Prices in Sagarejo	30.83 miles
Property Prices in Marneuli	33.10 miles
Property Prices in Mtskheta	34.55 miles
Property Prices in Tamarisi	38.50 miles
Property Prices in Tetri Tskaro	45.85 miles
Property Prices in Bolnisi	47.03 miles
Property Prices in Manglisi	53.56 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	17,100.00
GDP Growth Rate:	10.39%
Population Growth Rate:	-0.57%