Iran · Middle East · Population: 9,000,000
Tehran is one of the most unaffordable housing markets globally, with rapidly rising prices driven by strong demand. The city has affordable rents compared to global standards. At $120,000 average home price in Iran, buyers should consider the 15.5x price-to-income ratio when planning a purchase.
| Average Home Price | $120,000 |
| Price per sqm | $2,200 |
| Price-to-Income Ratio | 15.5x |
| Mortgage Rate | 23.0% |
| 1-Year Price Change | +25.0% |
| 1-Bedroom Apartment | $350/mo |
| 3-Bedroom Apartment | $650/mo |
| Rent-to-Income Ratio | 45% |
| Median Household Income | $8,000/year |
| Years to Buy (at median income) | 15.5 years |
| Local Currency | IRR |
With a price-to-income ratio of 15.5x, Tehran is one of the most expensive cities for homebuyers. Consider renting or exploring nearby cities for better value. Home prices have increased 25.0% in the past year.
Cities worldwide with home prices closest to Tehran
Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
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