Pakistan · Asia · Population: 13,000,000
Lahore is relatively affordable for homebuyers, with rapidly rising prices driven by strong demand. The city has affordable rents compared to global standards. At $40,000 average home price in Pakistan, buyers should consider the 4.8x price-to-income ratio when planning a purchase.
| Average Home Price | $40,000 |
| Price per sqm | $650 |
| Price-to-Income Ratio | 4.8x |
| Mortgage Rate | 15.0% |
| 1-Year Price Change | +7.5% |
| 1-Bedroom Apartment | $180/mo |
| 3-Bedroom Apartment | $320/mo |
| Rent-to-Income Ratio | 22% |
| Median Household Income | $8,300/year |
| Years to Buy (at median income) | 4.8 years |
| Local Currency | PKR |
With a price-to-income ratio of 4.8x, Lahore offers reasonable opportunities for homebuyers compared to global averages. Home prices have increased 7.5% in the past year.
Cities worldwide with home prices closest to Lahore
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