Property Prices in Medellin, Colombia

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Index Info
Price to Income Ratio: 17.82
Mortgage as Percentage of Income: 265.98%
Loan Affordability Index: 0.38
Price to Rent Ratio - City Centre: 17.33
Price to Rent Ratio - Outside of Centre: 17.40
Gross Rental Yield (City Centre): 5.77%
Gross Rental Yield (Outside of Centre): 5.75%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 468.52 $ 262.86-836.38
Apartment (1 bedroom) Outside of Centre 353.81 $ 215.07-597.41
Apartment (3 bedrooms) in City Centre 813.43 $ 549.62-1,433.79
Apartment (3 bedrooms) Outside of Centre 691.26 $ 454.03-955.86
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 161.98 $ 71.04-244.21
Price per Square Feet to Buy Apartment Outside of Centre 129.56 $ 99.90-177.60
Salaries And Financing
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Average Monthly Net Salary (After Tax) 440.14 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.00 10.00-18.00

These data are based on 194 entries in the past 18 months from 36 different contributors.
Last update: March 2025

Sources and References
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1 Comments so far
Imtiaz Husain on Jul 04, 2024:
Excellent application. From the comfort and convenience of one's bedroom one can have a very complete and comprehensive information of. The country and city one is interested in. Hats off to your efforts and keep it up.......!