Property Prices in Craiova, Romania

Index
Price to Income Ratio:	10.12
Mortgage as Percentage of Income:	89.90%
Loan Affordability Index:	1.11
Price to Rent Ratio - City Centre:	27.32
Price to Rent Ratio - Outside of Centre:	28.55
Gross Rental Yield (City Centre):	3.66%
Gross Rental Yield (Outside of Centre):	3.50%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,770.15 lei	1,500.00-4,000.00
Apartment (1 bedroom) Outside of Centre	1,394.42 lei	1,000.00-3,000.00
Apartment (3 bedrooms) in City Centre	3,220.30 lei	2,900.00-5,000.00
Apartment (3 bedrooms) Outside of Centre	1,945.27 lei	1,890.78-2,487.87
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	984.95 lei	823.95-1,201.87
Price per Square Feet to Buy Apartment Outside of Centre	725.33 lei	647.16-832.06
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	4,550.00 lei
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.42	6.00-6.50

These data are based on 47 entries in the past 18 months from 8 different contributors.
Last update: January 2025

Sources and References

Nearby cities:

Property Prices in Pitesti	75.01 miles
Property Prices in Bolintin-Vale	125.11 miles
Property Prices in Sibiu	138.79 miles
Property Prices in Bucharest	143.63 miles
Property Prices in Ploiesti	148.91 miles
Property Prices in Campina	149.16 miles
Property Prices in Deva	161.89 miles
Property Prices in Brasov	166.17 miles
Property Prices in Lugoj	168.45 miles
Property Prices in Cugir	178.33 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	32,500.00
GDP Growth Rate:	4.60%
Population Growth Rate:	-1.01%