Property Prices in Nizhny Novgorod, Russia

Index Info
Price to Income Ratio: 14.41
Mortgage as Percentage of Income: 224.46%
Loan Affordability Index: 0.45
Price to Rent Ratio - City Centre: 26.04
Price to Rent Ratio - Outside of Centre: 25.72
Gross Rental Yield (City Centre): 3.84%
Gross Rental Yield (Outside of Centre): 3.89%
Rent Per Month
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Apartment (1 bedroom) in City Centre 34,473.68 руб 25,000.00-45,000.00
Apartment (1 bedroom) Outside of Centre 23,052.63 руб 15,000.00-30,000.00
Apartment (3 bedrooms) in City Centre 64,705.88 руб 50,000.00-80,000.00
Apartment (3 bedrooms) Outside of Centre 40,294.12 руб 30,000.00-60,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 18,548.27 руб 13,006.32-27,870.68
Price per Square Feet to Buy Apartment Outside of Centre 11,863.32 руб 9,290.23-15,793.39
Salaries And Financing
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Average Monthly Net Salary (After Tax) 56,796.82 руб
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.75 7.50-24.00

These data are based on 222 entries in the past 18 months from 33 different contributors.
Last update: February 2025

Sources and References
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