Jordan · Middle East · Population: 4,000,000
Amman is moderately affordable compared to major global cities, with steady growth in property values. The city has affordable rents compared to global standards. At $150,000 average home price in Jordan, buyers should consider the 8.5x price-to-income ratio when planning a purchase.
| Average Home Price | $150,000 |
| Price per sqm | $1,800 |
| Price-to-Income Ratio | 8.5x |
| Mortgage Rate | 8.5% |
| 1-Year Price Change | +3.2% |
| 1-Bedroom Apartment | $500/mo |
| 3-Bedroom Apartment | $900/mo |
| Rent-to-Income Ratio | 28% |
| Median Household Income | $18,000/year |
| Years to Buy (at median income) | 8.5 years |
| Local Currency | JOD |
With a price-to-income ratio of 8.5x, Amman requires significant savings to purchase property. At a mortgage rate of 8.5%, monthly payments could consume a large share of income. Home prices have increased 3.2% in the past year.
Cities worldwide with home prices closest to Amman
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