Property Prices in Ulaanbaatar, Mongolia

Index Info
Price to Income Ratio: 15.21
Mortgage as Percentage of Income: 130.77%
Loan Affordability Index: 0.76
Price to Rent Ratio - City Centre: 11.81
Price to Rent Ratio - Outside of Centre: 10.07
Gross Rental Yield (City Centre): 8.47%
Gross Rental Yield (Outside of Centre): 9.93%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,860,601.97 ₮ 1,284,815.77-3,000,000.00
Apartment (1 bedroom) Outside of Centre 1,571,428.57 ₮ 1,000,000.00-2,000,000.00
Apartment (3 bedrooms) in City Centre 4,979,901.70 ₮ 3,500,000.00-8,000,000.00
Apartment (3 bedrooms) Outside of Centre 2,550,000.00 ₮ 1,500,000.00-3,000,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 542,962.14 ₮ 371,609.07-826,830.17
Price per Square Feet to Buy Apartment Outside of Centre 306,577.48 ₮ 260,126.35-371,609.07
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,503,000.00 ₮
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.00 6.00-6.00

These data are based on 87 entries from 15 contributors over the past 18 months.
Last update: March 2025

Sources and References
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