Property Prices in North Macedonia

Index Info
Price to Income Ratio: 12.07
Mortgage as Percentage of Income: 94.28%
Loan Affordability Index: 1.06
Price to Rent Ratio - City Centre: 28.02
Price to Rent Ratio - Outside of Centre: 27.38
Gross Rental Yield (City Centre): 3.57%
Gross Rental Yield (Outside of Centre): 3.65%
Rent Per Month
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Apartment (1 bedroom) in City Centre 18,718.21 ден 12,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 13,958.10 ден 9,500.00-20,000.00
Apartment (3 bedrooms) in City Centre 30,540.87 ден 20,000.00-46,446.33
Apartment (3 bedrooms) Outside of Centre 21,740.09 ден 15,000.00-33,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 10,183.54 ден 6,328.62-14,383.23
Price per Square Feet to Buy Apartment Outside of Centre 7,275.88 ден 4,761.13-10,219.25
Salaries And Financing
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Average Monthly Net Salary (After Tax) 38,924.55 ден
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.83 3.50-6.90

These data are based on 528 entries in the past 18 months from 106 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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