Property Prices in Yerevan, Armenia

Index Info
Price to Income Ratio: 24.21
Mortgage as Percentage of Income: 399.09%
Loan Affordability Index: 0.25
Price to Rent Ratio - City Centre: 18.44
Price to Rent Ratio - Outside of Centre: 12.79
Gross Rental Yield (City Centre): 5.42%
Gross Rental Yield (Outside of Centre): 7.82%
Rent Per Month
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Apartment (1 bedroom) in City Centre 361,031.90 AMD 250,000.00-550,000.00
Apartment (1 bedroom) Outside of Centre 253,860.94 AMD 190,000.00-400,000.00
Apartment (3 bedrooms) in City Centre 614,054.30 AMD 450,000.00-1,000,000.00
Apartment (3 bedrooms) Outside of Centre 384,546.96 AMD 300,000.00-600,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 131,574.36 AMD 83,612.04-238,758.83
Price per Square Feet to Buy Apartment Outside of Centre 61,110.08 AMD 46,451.13-102,192.49
Salaries And Financing
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Average Monthly Net Salary (After Tax) 214,214.55 AMD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.77 12.00-18.40

These data are based on 389 entries in the past 18 months from 60 different contributors.
Last update: December 2024

Sources and References
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