Property Prices in Yerevan, Armenia

Index Info
Price to Income Ratio: 22.70
Mortgage as Percentage of Income: 364.44%
Loan Affordability Index: 0.27
Price to Rent Ratio - City Centre: 19.77
Price to Rent Ratio - Outside of Centre: 14.30
Gross Rental Yield (City Centre): 5.06%
Gross Rental Yield (Outside of Centre): 6.99%
Rent Per Month
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Apartment (1 bedroom) in City Centre 313,162.29 AMD 250,000.00-430,000.00
Apartment (1 bedroom) Outside of Centre 221,346.15 AMD 150,000.00-300,000.00
Apartment (3 bedrooms) in City Centre 546,251.54 AMD 380,000.00-800,000.00
Apartment (3 bedrooms) Outside of Centre 343,125.77 AMD 250,000.00-500,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 123,748.78 AMD 78,966.93-185,804.53
Price per Square Feet to Buy Apartment Outside of Centre 60,161.40 AMD 46,451.13-92,902.27
Salaries And Financing
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Average Monthly Net Salary (After Tax) 218,038.31 AMD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.29 12.00-18.20

These data are based on 304 entries from 44 contributors over the past 18 months.
Last update: April 2025

Sources and References
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