Property Prices in Azerbaijan

Index Info
Price to Income Ratio: 14.94
Mortgage as Percentage of Income: 162.36%
Loan Affordability Index: 0.62
Price to Rent Ratio - City Centre: 19.59
Price to Rent Ratio - Outside of Centre: 19.00
Gross Rental Yield (City Centre): 5.10%
Gross Rental Yield (Outside of Centre): 5.26%
Rent Per Month
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Apartment (1 bedroom) in City Centre 716.51 man 400.00-1,500.00
Apartment (1 bedroom) Outside of Centre 410.71 man 250.00-750.00
Apartment (3 bedrooms) in City Centre 1,332.00 man 600.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 679.49 man 450.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 288.72 man 185.80-418.06
Price per Square Feet to Buy Apartment Outside of Centre 152.42 man 111.48-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 794.50 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.09 7.00-14.00

These data are based on 461 entries in the past 18 months from 65 different contributors.
Last update: November 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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