Property Prices in Armenia

Index Info
Price to Income Ratio: 20.61
Mortgage as Percentage of Income: 327.34%
Loan Affordability Index: 0.31
Price to Rent Ratio - City Centre: 21.17
Price to Rent Ratio - Outside of Centre: 15.53
Gross Rental Yield (City Centre): 4.72%
Gross Rental Yield (Outside of Centre): 6.44%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 740.54 $ 513.24-1,077.80
Apartment (1 bedroom) Outside of Centre 505.62 $ 307.94-769.86
Apartment (3 bedrooms) in City Centre 1,276.20 $ 898.16-2,052.95
Apartment (3 bedrooms) Outside of Centre 821.96 $ 513.24-1,283.09
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 311.61 $ 190.72-476.81
Price per Square Feet to Buy Apartment Outside of Centre 152.22 $ 107.28-238.40
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 605.75 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.10 12.00-18.20

These data are based on 357 entries from 57 contributors over the past 18 months.
Last update: April 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
This Page in Other Languages: