Property Prices in Yerevan, Armenia

Index Info
Price to Income Ratio: 19.50
Mortgage as Percentage of Income: 297.67%
Loan Affordability Index: 0.34
Price to Rent Ratio - City Centre: 15.78
Price to Rent Ratio - Outside of Centre: 11.72
Gross Rental Yield (City Centre): 6.34%
Gross Rental Yield (Outside of Centre): 8.53%
Rent Per Month
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Apartment (1 bedroom) in City Centre 383,341.13 AMD 300,000.00-500,000.00
Apartment (1 bedroom) Outside of Centre 245,297.45 AMD 190,000.00-350,000.00
Apartment (3 bedrooms) in City Centre 628,954.66 AMD 450,000.00-1,000,000.00
Apartment (3 bedrooms) Outside of Centre 372,685.07 AMD 300,000.00-600,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 117,731.44 AMD 83,612.04-185,804.53
Price per Square Feet to Buy Apartment Outside of Centre 54,188.64 AMD 43,729.16-74,321.81
Salaries And Financing
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Average Monthly Net Salary (After Tax) 237,228.75 AMD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.39 12.00-18.50

These data are based on 353 entries in the past 18 months from 58 different contributors.
Last update: April 2024

Sources and References
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