Property Prices in Elbasan, Albania

Index
Price to Income Ratio:	8.17
Mortgage as Percentage of Income:	73.12%
Loan Affordability Index:	1.37
Price to Rent Ratio - City Centre:	15.70
Price to Rent Ratio - Outside of Centre:	19.22
Gross Rental Yield (City Centre):	6.37%
Gross Rental Yield (Outside of Centre):	5.20%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	24,333.33 Lek	18,000.00-30,000.00
Apartment (1 bedroom) Outside of Centre	16,666.67 Lek	12,000.00-20,000.00
Apartment (3 bedrooms) in City Centre	36,000.00 Lek	23,000.00-50,000.00
Apartment (3 bedrooms) Outside of Centre	25,333.33 Lek	16,000.00-35,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	7,122.51 Lek	4,645.11-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre	6,038.65 Lek	5,574.14-6,503.16
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	43,333.33 Lek
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.50

These data are based on 21 entries in the past 18 months from 3 different contributors.
Last update: January 2025

Sources and References

Nearby cities:

Property Prices in Cerrik	11.81 miles
Property Prices in Librazhd	15.25 miles
Property Prices in Peqin	24.37 miles
Property Prices in Rrogozhine	27.29 miles
Property Prices in Gramsh	28.10 miles
Property Prices in Kucove	30.46 miles
Property Prices in Tirana	33.83 miles
Property Prices in Lushnje	38.45 miles
Property Prices in Kavaje	38.54 miles
Property Prices in Berat	40.22 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	15,500.00
GDP Growth Rate:	4.86%
Population Growth Rate:	0.19%