Property Prices in Yerevan, Armenia

Index Info
Price to Income Ratio: 22.26
Mortgage as Percentage of Income: 353.84%
Loan Affordability Index: 0.28
Price to Rent Ratio - City Centre: 18.30
Price to Rent Ratio - Outside of Centre: 12.95
Gross Rental Yield (City Centre): 5.46%
Gross Rental Yield (Outside of Centre): 7.72%
Rent Per Month
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Apartment (1 bedroom) in City Centre 334,205.91 AMD 250,000.00-500,000.00
Apartment (1 bedroom) Outside of Centre 237,486.19 AMD 150,000.00-350,000.00
Apartment (3 bedrooms) in City Centre 575,435.08 AMD 400,000.00-1,000,000.00
Apartment (3 bedrooms) Outside of Centre 355,284.53 AMD 250,000.00-500,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 121,545.02 AMD 83,612.04-185,804.53
Price per Square Feet to Buy Apartment Outside of Centre 57,617.10 AMD 46,451.13-74,321.81
Salaries And Financing
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Average Monthly Net Salary (After Tax) 216,568.88 AMD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.10 12.00-18.20

These data are based on 365 entries in the past 18 months from 60 different contributors.
Last update: January 2025

Sources and References
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