Property Prices in Medan, Indonesia

Index
Price to Income Ratio:	21.68
Mortgage as Percentage of Income:	238.30%
Loan Affordability Index:	0.42
Price to Rent Ratio - City Centre:	25.66
Price to Rent Ratio - Outside of Centre:	25.22
Gross Rental Yield (City Centre):	3.90%
Gross Rental Yield (Outside of Centre):	3.97%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	3,166,667.00 Rp	2,000,001.00-4,500,000.00
Apartment (1 bedroom) Outside of Centre	1,600,000.00 Rp	800,000.00-2,500,000.00
Apartment (3 bedrooms) in City Centre	8,750,000.00 Rp	7,500,000.00-10,000,000.00
Apartment (3 bedrooms) Outside of Centre	3,750,000.00 Rp	3,500,000.00-4,000,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	2,043,849.87 Rp	1,486,436.27-2,322,556.67
Price per Square Feet to Buy Apartment Outside of Centre	929,022.67 Rp	929,022.67-929,022.67
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,689,647.00 Rp
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	9.25	4.40-13.00

These data are based on 30 entries in the past 18 months from 7 different contributors.
Last update: February 2025

Sources and References

Nearby cities:

Property Prices in Kisaran	92.33 miles
Property Prices in Subulussalam	131.36 miles
Property Prices in Sibolga	208.60 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	12,400.00
GDP Growth Rate:	5.31%
Population Growth Rate:	0.76%