Property Prices in Bordj Bou Arreridj, Algeria

Find out actual data about & Safety Index in Bordj Bou Arreridj, Algeria

Price to Income Ratio 16.29
Mortgage as Percentage of Income 146.78%
Loan Affordability Index 0.68
Price to Rent Ratio – City Centre 30.58
Price to Rent Ratio – Outside of Centre 28.54
Gross Rental Yield (City Centre) 3.27%
Gross Rental Yield (Outside of Centre) 3.50%
country data (source The World Bank, 2021)
GDP Per Capita ($) 11,511.00
GDP Growth Rate 1.40%
Population Growth Rate 1.41%

Rent Per Month in Algeria

Apartment (1 bedroom) in City Centre 174.91$ 110.48$ – 294.62$
Apartment (1 bedroom) Outside of Centre 108.4$ 73.65$ – 184.14$
Apartment (3 bedrooms) in City Centre 281.6$ 184.14$ – 515.58$
Apartment (3 bedrooms) Outside of Centre 180.87$ 110.48$ – 331.45$

Buy Apartment Price in Algeria

Price per Square Meter to Buy Apartment in City Centre 1111.45$ 589.24$ – 2209.64$
Price per Square Meter to Buy Apartment Outside of Centre 652.71$ 368.27$ – 1473.09$

Salaries And Financing in Algeria

Average Monthly Net Salary (After Tax) 270.76$ 0$ – 0$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.59$ 5$ – 8.23$

These data are based on 3826 entries in the past 14 months from 144 different contributors.

Last update: August 2023

Our data for each country is based on all entries from all cities in that country.

Property Prices in Bordj Bou Arreridj in 2023 and 2024 Prediction

Housing costs are an important factor for quality of life in Bordj Bou Arreridj. According to statistics, the average price per square meter of property in Bordj Bou Arreridj is around 1111$
in the city center and 108$ in outskirts. Rental prices for a one-bedroom apartment in the city center average 174$ per month.
Property price growth has stabilized in recent years, making housing less affordable. Rental yields range from 4%.
While carrying some premium over national averages, overall housing in Bordj Bou Arreridj remains mid-range compared to similar sized cities globally.
This reduces disposable income and cost of living for residents.

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