Property Prices in Montenegro
| Index |  |
|---|---|
| Price to Income Ratio: | 12.97 |
| Mortgage as Percentage of Income: | 109.19% |
| Loan Affordability Index: | 0.92 |
| Price to Rent Ratio - City Centre: | 18.36 |
| Price to Rent Ratio - Outside of Centre: | 18.51 |
| Gross Rental Yield (City Centre): | 5.45% |
| Gross Rental Yield (Outside of Centre): | 5.40% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 605.22 € | |
| Apartment (1 bedroom) Outside of Centre | 462.85 € | |
| Apartment (3 bedrooms) in City Centre | 1,085.95 € | |
| Apartment (3 bedrooms) Outside of Centre | 822.24 € | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 224.91 € | |
| Price per Square Feet to Buy Apartment Outside of Centre | 172.63 € | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 824.77 € | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.74 |
These data are based on 630 entries in the past 18 months from 103 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
By City in Montenegro
Rank |
City |
Price To Income Ratio |
Gross Rental Yield City Centre |
Gross Rental Yield Outside of Centre |
Price To Rent Ratio City Centre |
Price To Rent Ratio Outside Of City Centre |
Mortgage As A Percentage Of Income |
Affordability Index |
|---|---|---|---|---|---|---|---|---|
| Bar | 18.2 | 5.1 | 4.7 | 19.6 | 21.1 | 144.2 | 0.7 | |
| Budva | 17.9 | 6.1 | 5.7 | 16.5 | 17.5 | 153.3 | 0.7 | |
| Podgorica | 11.9 | 5.1 | 4.9 | 19.7 | 20.3 | 101.1 | 1.0 |
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