Baku 21° C
Central Bank: Median monthly rent exceeds AZN1,000 in Azerbaijan
Finance
- 13 April, 2026
- 19:01
Add Report.az to preferred Google sources
Stay up to date with the top news!
The median monthly rent in Azerbaijan has exceeded 1,000 manats ($588.24), Report informs, citing the Central Bank of Azerbaijan (CBA).
According to the CBA's annual financial stability report, based on information obtained from available open sources related to the housing market, the offered median monthly rent across the country at the end of December amounted to 1,002 manats ($589.41), which conditions a real estate capitalization period of 20.9 years.
Compared to 2024, an increase of 1.4 years in the capitalization period is observed, which is attributed to the faster growth of housing prices compared to rental prices during the year.
Author
Latest News
02:29
Photo
Video
Sites of Memory of Western Azerbaijan: How was Amasia, once home to Azerbaijanis, Armenianized?
Domestic policy
00:01
Six years pass since another deadly missile attack on Ganja by Armenia
Domestic policy
00:00
Today marks sixth anniversary of Fuzuli's liberation from occupation
Domestic policy
23:41
Photo
Events calling on Armenia to address mine problem held in six European countries
Foreign policy
23:13
AI agents hack systems of several companies in India
ICT
22:53
Azerbaijani weightlifter Gasim Ismayilov claims three medals at European U-23 Championships in Albania
Individual sports
22:29
NYT: White House press secretary fired after five days on the job
Other countries
22:22
European Commission to propose additional funding for Ukraine in 2027
Other countries
22:12
Trump denies involvement in Starlink slowdown in Ukraine
Other countries