Property Prices in Tetovo, North Macedonia

Index Info
Price to Income Ratio: 5.82
Mortgage as Percentage of Income: 41.42%
Loan Affordability Index: 2.41
Price to Rent Ratio - City Centre: 16.56
Price to Rent Ratio - Outside of Centre: 18.44
Gross Rental Yield (City Centre): 6.04%
Gross Rental Yield (Outside of Centre): 5.42%

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Rent Per Month
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1 Bedroom Apartment in City Centre 19,333.33 ден 15,000.00-25,000.00
1 Bedroom Apartment Outside of City Centre 15,000.00 ден 12,000.00-18,000.00
3 Bedroom Apartment in City Centre 32,000.00 ден 24,000.00-40,000.00
3 Bedroom Apartment Outside of City Centre 26,666.67 ден 20,000.00-35,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 6,255.42 ден 5,574.14-6,688.96
Price per Square Feet to Buy Apartment Outside of Centre 5,574.14 ден 4,645.11-6,317.35
Salaries And Financing
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Average Monthly Net Salary (After Tax) 54,679.25 ден
Annual Mortgage Interest Rate (20-Year Fixed, in %) 3.75 3.50-4.00

These data are based on 25 entries from 5 contributors over the past 18 months.
Last update: 6 October 2025

Sources and References
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