Property Prices in Babol, Iran

Index
Price to Income Ratio:	13.38
Mortgage as Percentage of Income:	320.71%
Loan Affordability Index:	0.31
Price to Rent Ratio - City Centre:	18.50
Price to Rent Ratio - Outside of Centre:	29.37
Gross Rental Yield (City Centre):	5.41%
Gross Rental Yield (Outside of Centre):	3.41%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	192.64 $	149.00-236.28
Apartment (1 bedroom) Outside of Centre	97.07 $	76.00-118.14
Apartment (3 bedrooms) in City Centre	491.36 $	392.00-590.71
Apartment (3 bedrooms) Outside of Centre	284.71 $	215.00-354.43
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	85.78 $	43.66-139.35
Price per Square Feet to Buy Apartment Outside of Centre	74.15 $	29.08-109.76
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	321.62 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	23.75	17.50-30.00

These data are based on 19 entries in the past 18 months from 3 different contributors.
Last update: November 2023

Sources and References

Nearby cities:

Property Prices in Amol	19.70 miles
Property Prices in Sari	25.19 miles
Property Prices in Nowshahr	77.03 miles
Property Prices in Gorgan	109.57 miles
Property Prices in Tehran	132.65 miles
Property Prices in Eslamshahr	146.91 miles
Property Prices in Varamin	156.34 miles
Property Prices in Karaj	159.78 miles
Property Prices in Rasht	202.50 miles
Property Prices in Qom	220.46 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	15,500.00
GDP Growth Rate:	3.78%
Population Growth Rate:	0.93%