Property Prices in Yerevan, Armenia

Index Info
Price to Income Ratio: 22.59
Mortgage as Percentage of Income: 359.01%
Loan Affordability Index: 0.28
Price to Rent Ratio - City Centre: 19.95
Price to Rent Ratio - Outside of Centre: 13.76
Gross Rental Yield (City Centre): 5.01%
Gross Rental Yield (Outside of Centre): 7.27%
Rent Per Month
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Apartment (1 bedroom) in City Centre 314,858.74 AMD 250,000.00-450,000.00
Apartment (1 bedroom) Outside of Centre 225,097.07 AMD 150,000.00-315,000.00
Apartment (3 bedrooms) in City Centre 547,520.15 AMD 380,000.00-800,000.00
Apartment (3 bedrooms) Outside of Centre 346,609.67 AMD 250,000.00-500,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 125,388.29 AMD 78,966.93-185,804.53
Price per Square Feet to Buy Apartment Outside of Centre 58,698.79 AMD 46,451.13-83,333.33
Salaries And Financing
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Average Monthly Net Salary (After Tax) 219,317.54 AMD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.10 12.00-18.20

These data are based on 303 entries in the past 18 months from 48 different contributors.
Last update: March 2025

Sources and References
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