Property Prices in Ulaanbaatar, Mongolia

Index Info
Price to Income Ratio: 16.42
Mortgage as Percentage of Income: 141.15%
Loan Affordability Index: 0.71
Price to Rent Ratio - City Centre: 11.37
Price to Rent Ratio - Outside of Centre: 10.05
Gross Rental Yield (City Centre): 8.80%
Gross Rental Yield (Outside of Centre): 9.95%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,950,000.00 ₮ 1,500,000.00-3,000,000.00
Apartment (1 bedroom) Outside of Centre 1,533,333.33 ₮ 1,200,000.00-2,000,000.00
Apartment (3 bedrooms) in City Centre 4,956,663.85 ₮ 3,500,000.00-8,000,000.00
Apartment (3 bedrooms) Outside of Centre 2,760,000.00 ₮ 2,500,000.00-5,000,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 532,639.66 ₮ 371,609.07-826,830.17
Price per Square Feet to Buy Apartment Outside of Centre 312,383.87 ₮ 278,706.80-371,609.07
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,385,000.00 ₮
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.00 4.50-9.00

These data are based on 79 entries in the past 18 months from 13 different contributors.
Last update: February 2025

Sources and References
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