Property Prices in Sumgayit, Azerbaijan

Index Info
Price to Income Ratio: 13.61
Mortgage as Percentage of Income: 126.58%
Loan Affordability Index: 0.79
Price to Rent Ratio - City Centre: 16.62
Price to Rent Ratio - Outside of Centre: 15.81
Gross Rental Yield (City Centre): 6.02%
Gross Rental Yield (Outside of Centre): 6.33%

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Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 550.00 man 450.00-650.00
1 Bedroom Apartment Outside of City Centre 412.50 man 300.00-550.00
3 Bedroom Apartment in City Centre 1,033.33 man 500.00-2,000.00
3 Bedroom Apartment Outside of City Centre 600.00 man 500.00-700.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 188.90 man 139.35-241.55
Price per Square Feet to Buy Apartment Outside of Centre 120.77 man 92.90-148.64
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 612.50 man
Annual Mortgage Interest Rate (20-Year Fixed, in %) 7.00

These data are based on 30 entries from 6 contributors over the past 18 months.
Last update: 4 May 2026

Sources and References
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