Cuba · South America · Population: 2,100,000
Havana is relatively affordable for homebuyers, with rapidly rising prices driven by strong demand. The city has affordable rents compared to global standards. At $45,000 average home price in Cuba, buyers should consider the 4.5x price-to-income ratio when planning a purchase.
| Average Home Price | $45,000 |
| Price per sqm | $600 |
| Price-to-Income Ratio | 4.5x |
| Mortgage Rate | 0.0% |
| 1-Year Price Change | +5.2% |
| 1-Bedroom Apartment | $200/mo |
| 3-Bedroom Apartment | $350/mo |
| Rent-to-Income Ratio | 20% |
| Median Household Income | $10,000/year |
| Years to Buy (at median income) | 4.5 years |
| Local Currency | CUP |
With a price-to-income ratio of 4.5x, Havana offers reasonable opportunities for homebuyers compared to global averages. Home prices have increased 5.2% in the past year.
Cities worldwide with home prices closest to Havana
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