Kazakhstan · Asia · Population: 2,000,000
Almaty is relatively affordable for homebuyers, with rapidly rising prices driven by strong demand. The city has affordable rents compared to global standards. At $120,000 average home price in Kazakhstan, buyers should consider the 5.5x price-to-income ratio when planning a purchase.
| Average Home Price | $120,000 |
| Price per sqm | $1,800 |
| Price-to-Income Ratio | 5.5x |
| Mortgage Rate | 14.0% |
| 1-Year Price Change | +6.5% |
| 1-Bedroom Apartment | $450/mo |
| 3-Bedroom Apartment | $800/mo |
| Rent-to-Income Ratio | 20% |
| Median Household Income | $22,000/year |
| Years to Buy (at median income) | 5.5 years |
| Local Currency | KZT |
With a price-to-income ratio of 5.5x, Almaty offers reasonable opportunities for homebuyers compared to global averages. Home prices have increased 6.5% in the past year.
Cities worldwide with home prices closest to Almaty
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