Property Prices in Quito, Ecuador

Index Info
Price to Income Ratio: 9.76
Mortgage as Percentage of Income: 122.18%
Loan Affordability Index: 0.82
Price to Rent Ratio - City Centre: 16.92
Price to Rent Ratio - Outside of Centre: 14.06
Gross Rental Yield (City Centre): 5.91%
Gross Rental Yield (Outside of Centre): 7.11%
Rent Per Month
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Apartment (1 bedroom) in City Centre 454.41 $ 325.00-650.00
Apartment (1 bedroom) Outside of Centre 326.79 $ 220.00-500.00
Apartment (3 bedrooms) in City Centre 734.38 $ 450.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 501.07 $ 380.00-800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 148.64 $ 111.48-185.80
Price per Square Feet to Buy Apartment Outside of Centre 86.93 $ 46.45-148.64
Salaries And Financing
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Average Monthly Net Salary (After Tax) 649.75 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.17 7.00-13.00

These data are based on 135 entries from 25 contributors over the past 18 months.
Last update: April 2025

Sources and References
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