Property Prices in Quito, Ecuador

Index Info
Price to Income Ratio: 9.18
Mortgage as Percentage of Income: 114.17%
Loan Affordability Index: 0.88
Price to Rent Ratio - City Centre: 16.23
Price to Rent Ratio - Outside of Centre: 14.31
Gross Rental Yield (City Centre): 6.16%
Gross Rental Yield (Outside of Centre): 6.99%
Rent Per Month
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Apartment (1 bedroom) in City Centre 445.00 $ 300.00-650.00
Apartment (1 bedroom) Outside of Centre 330.38 $ 200.00-500.00
Apartment (3 bedrooms) in City Centre 734.62 $ 450.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 521.92 $ 350.00-800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 140.90 $ 102.19-185.80
Price per Square Feet to Buy Apartment Outside of Centre 90.58 $ 46.45-148.64
Salaries And Financing
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Average Monthly Net Salary (After Tax) 678.57 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.06 7.00-12.50

These data are based on 115 entries in the past 18 months from 22 different contributors.
Last update: February 2025

Sources and References
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