Property Prices in Tambov, Russia

Index
Price to Income Ratio:	14.29
Mortgage as Percentage of Income:	228.94%
Loan Affordability Index:	0.44
Price to Rent Ratio - City Centre:	33.65
Price to Rent Ratio - Outside of Centre:	34.07
Gross Rental Yield (City Centre):	2.97%
Gross Rental Yield (Outside of Centre):	2.94%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	22,000.00 руб	18,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre	15,000.00 руб	10,000.00-18,000.00
Apartment (3 bedrooms) in City Centre	33,333.33 руб	30,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre	23,500.00 руб	20,000.00-27,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	13,935.34 руб	13,935.34-13,935.34
Price per Square Feet to Buy Apartment Outside of Centre	9,754.74 руб	9,290.23-10,219.25
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	44,619.00 руб
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	15.25	5.50-27.00

These data are based on 23 entries in the past 18 months from 5 different contributors.
Last update: November 2024

Sources and References

Nearby cities:

Property Prices in Michurinsk	45.82 miles
Property Prices in Yelets	134.18 miles
Property Prices in Stupino	222.87 miles
Property Prices in Kolomna	224.55 miles
Property Prices in Murom	237.26 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	27,500.00
GDP Growth Rate:	-2.07%
Population Growth Rate:	-0.48%