Property Prices in Mongolia

Index Info
Price to Income Ratio: 15.23
Mortgage as Percentage of Income: 130.97%
Loan Affordability Index: 0.76
Price to Rent Ratio - City Centre: 12.12
Price to Rent Ratio - Outside of Centre: 11.01
Gross Rental Yield (City Centre): 8.25%
Gross Rental Yield (Outside of Centre): 9.08%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,774,368.60 ₮ 1,200,000.00-3,000,000.00
Apartment (1 bedroom) Outside of Centre 1,344,444.44 ₮ 800,000.00-2,000,000.00
Apartment (3 bedrooms) in City Centre 4,362,360.25 ₮ 2,000,000.00-7,000,000.00
Apartment (3 bedrooms) Outside of Centre 2,485,714.29 ₮ 1,500,000.00-3,000,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 507,478.63 ₮ 366,963.95-826,830.17
Price per Square Feet to Buy Apartment Outside of Centre 303,790.41 ₮ 260,126.35-371,609.07
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,433,076.92 ₮
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.00 5.00-6.00

These data are based on 112 entries in the past 18 months from 18 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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