Property Prices in Azerbaijan

Index Info
Price to Income Ratio: 15.98
Mortgage as Percentage of Income: 173.26%
Loan Affordability Index: 0.58
Price to Rent Ratio - City Centre: 20.53
Price to Rent Ratio - Outside of Centre: 19.32
Gross Rental Yield (City Centre): 4.87%
Gross Rental Yield (Outside of Centre): 5.18%
Rent Per Month
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Apartment (1 bedroom) in City Centre 719.51 man 450.00-1,500.00
Apartment (1 bedroom) Outside of Centre 415.85 man 250.00-650.00
Apartment (3 bedrooms) in City Centre 1,430.77 man 700.00-2,800.00
Apartment (3 bedrooms) Outside of Centre 707.89 man 500.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 313.55 man 222.97-418.06
Price per Square Feet to Buy Apartment Outside of Centre 158.86 man 111.48-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 795.40 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.06 7.00-14.00

These data are based on 446 entries in the past 18 months from 64 different contributors.
Last update: March 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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