Property Prices in Armenia

Index Info
Price to Income Ratio: 19.44
Mortgage as Percentage of Income: 308.98%
Loan Affordability Index: 0.32
Price to Rent Ratio - City Centre: 18.52
Price to Rent Ratio - Outside of Centre: 13.32
Gross Rental Yield (City Centre): 5.40%
Gross Rental Yield (Outside of Centre): 7.51%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 799.74 $ 598.66-1,243.44
Apartment (1 bedroom) Outside of Centre 559.62 $ 373.03-795.80
Apartment (3 bedrooms) in City Centre 1,389.55 $ 932.58-2,486.89
Apartment (3 bedrooms) Outside of Centre 849.25 $ 596.85-1,243.44
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 295.58 $ 196.38-462.07
Price per Square Feet to Buy Apartment Outside of Centre 140.46 $ 111.23-184.83
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 603.60 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.10 12.00-18.20

These data are based on 398 entries in the past 18 months from 66 different contributors.
Last update: January 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: