Property Prices in Oyo, Nigeria

Index Info
Price to Income Ratio: 20.5
Mortgage as Percentage of Income: 237.34%
Loan Affordability Index: 0.42
Price to Rent Ratio - City Centre: 6.6
Price to Rent Ratio - Outside of Centre: 2.78
Gross Rental Yield (City Centre): 15.14%
Gross Rental Yield (Outside of Centre): 35.98%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 391.91 $
Apartment (1 bedroom) Outside of Centre 230.08 $
Apartment (3 bedrooms) in City Centre 1,013.56 $
Apartment (3 bedrooms) Outside of Centre 608.14 $
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 62.77 $
Price per Square Feet to Buy Apartment Outside of Centre 15.69 $
Salaries And Financing
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Average Monthly Net Salary (After Tax) 103.03 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.0

These data are based on 8 entries in the past 18 months from 1 different contributors.
Last update: February 2024

Sources and References
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