Property Prices in Ibadan, Nigeria

Index
Price to Income Ratio:	18.94
Mortgage as Percentage of Income:	368.29%
Loan Affordability Index:	0.27
Price to Rent Ratio - City Centre:	6.82
Price to Rent Ratio - Outside of Centre:	0.44
Gross Rental Yield (City Centre):	14.66%
Gross Rental Yield (Outside of Centre):	229.57%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	449.96 $	180.11-840.05
Apartment (1 bedroom) Outside of Centre	429.19 $	94.96-1,080.06
Apartment (3 bedrooms) in City Centre	1,235.70 $	791.31-1,680.09
Apartment (3 bedrooms) Outside of Centre	1,276.07 $	527.54-2,400.13
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	76.94 $	53.87-100.00
Price per Square Feet to Buy Apartment Outside of Centre	4.90 $
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	116.29 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	19.00	18.00-20.00

These data are based on 19 entries in the past 18 months from 3 different contributors.
Last update: December 2024

Sources and References

Nearby cities:

Property Prices in Oyo	34.74 miles
Property Prices in Sagamu	46.49 miles
Property Prices in Abeokuta	49.11 miles
Property Prices in Iseyin	59.34 miles
Property Prices in Ogbomosho	67.33 miles
Property Prices in Ikeja	74.34 miles
Property Prices in Effon Alaiye	78.26 miles
Property Prices in Ilesha	82.38 miles
Property Prices in Oshogbo	83.81 miles
Property Prices in Lagos	83.99 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	5,000.00
GDP Growth Rate:	3.25%
Population Growth Rate:	2.53%