Property Prices in Tabriz, Iran

Index Info
Price to Income Ratio: 28.04
Mortgage as Percentage of Income: 596.17%
Loan Affordability Index: 0.17
Price to Rent Ratio - City Centre: 28.68
Price to Rent Ratio - Outside of Centre: 22.94
Gross Rental Yield (City Centre): 3.49%
Gross Rental Yield (Outside of Centre): 4.36%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 820.26 $ 300.00-1,421.80
Apartment (1 bedroom) Outside of Centre 473.64 $ 200.00-947.87
Apartment (3 bedrooms) in City Centre 1,437.65 $ 730.00-2,369.67
Apartment (3 bedrooms) Outside of Centre 946.12 $ 300.00-1,777.25
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 471.12 $ 92.90-1,100.74
Price per Square Feet to Buy Apartment Outside of Centre 231.15 $ 96.15-660.44
Salaries And Financing
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Average Monthly Net Salary (After Tax) 674.05 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 20.93 10.00-23.50

These data are based on 51 entries in the past 18 months from 10 different contributors.
Last update: April 2024

Sources and References
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