Cambodia · Asia · Population: 2,300,000
Phnom Penh is moderately affordable compared to major global cities, with steady growth in property values. The city has affordable rents compared to global standards. At $85,000 average home price in Cambodia, buyers should consider the 8.5x price-to-income ratio when planning a purchase.
| Average Home Price | $85,000 |
| Price per sqm | $1,500 |
| Price-to-Income Ratio | 8.5x |
| Mortgage Rate | 10.0% |
| 1-Year Price Change | +4.5% |
| 1-Bedroom Apartment | $400/mo |
| 3-Bedroom Apartment | $700/mo |
| Rent-to-Income Ratio | 40% |
| Median Household Income | $10,000/year |
| Years to Buy (at median income) | 8.5 years |
| Local Currency | USD |
With a price-to-income ratio of 8.5x, Phnom Penh requires significant savings to purchase property. At a mortgage rate of 10.0%, monthly payments could consume a large share of income. Home prices have increased 4.5% in the past year.
Cities worldwide with home prices closest to Phnom Penh
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