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Prayk

Prayk — a classifieds marketplace in Azerbaijan. Buy and sell goods, find stores near you, and get offers from sellers.

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Market prices / Districts / Gəncə

Gəncə — real estate market prices

Apartment sale — median
86 000 AZN
Median price per m²
1 467 AZN/m²
vs Baku
46.8% below Baku
Apartment rent — median (monthly)
330 AZN
Gross annual yield
4.6%
Payback period
~21,7 years

Browse listings: Gəncə →

Sale price dynamics — apartments

-9.5% in 49 days
8/23/2026 · 95 000 AZN10/11/2026 · 86 000 AZN

Rent price dynamics — apartments

-5.7% in 49 days
8/23/2026 · 350 AZN10/11/2026 · 330 AZN

Prices by deal and property type

GroupMedian (AZN)AZN/m²Range (AZN)ListingsSell (days)
Rent — Apartments3306228–4004604
Sale — Houses & villas83 00067056 000–125 0003553
Sale — Apartments86 0001 46775 000–115 0003336
Rent — Houses & villas1352100–3001123
Sale — Land16 000—13 000–25 000972
Sale — Commercial property182 5002 43296 500–278 750442
Rent — Commercial property57510300–1 200322
Daily rent — Apartments55150–70182
Daily rent — Houses & villas55050–6410—
Rent — Otaqlar250—238–2508—

Prices by number of rooms

GroupMedian (AZN)AZN/m²Range (AZN)ListingsSell (days)30 days
Rent — Apartments · 2 rooms3007250–40017240.0%
Rent — Apartments · 3 rooms4005250–5001653+14.3%
Sale — Apartments · 3 rooms94 0001 42181 250–121 0001276+1.1%
Sale — Houses & villas · 4 rooms110 00075075 000–140 0001215-8.3%
Sale — Houses & villas · 3 rooms70 00070947 500–81 0001153+14.8%
Sale — Apartments · 2 rooms75 5001 57072 000–86 000896-9.0%
Sale — Houses & villas · 5 rooms130 00058087 000–177 500876+4.0%
Rent — Apartments · 1 rooms3008250–3506960.0%
Rent — Houses & villas · 2 rooms1202100–150433+4.3%
Sale — Apartments · 1 rooms61 0001 88358 125–65 000383-1.6%
Sale — Apartments · 4 rooms118 0001 25698 500–157 000348+2.6%
Rent — Houses & villas · 3 rooms2252120–350327+12.5%
Rent — Apartments · 4 rooms3504140–450319+133.3%
Sale — Apartments · 5 rooms115 0001 117105 000–140 000298-8.0%
Sale — Houses & villas · 2 rooms48 00076035 000–50 75024—+11.6%
Rent — Houses & villas · 4 rooms1301110–400163—
Rent — Houses & villas · 1 rooms1203115–17511—0.0%
Daily rent — Apartments · 3 rooms60150–70102—
Rent — Houses & villas · 5 rooms8004800–1 0009—0.0%
Sale — Houses & villas · 1 rooms40 500—29 608–73 0008——

Frequently asked questions

How much does an apartment cost in Gəncə?
Across 333 listings of the last 90 days, the median asking price for apartment sales in Gəncə is 86 000 AZN; the median per m² is 1 467 AZN.
How much does renting out an apartment in Gəncə earn?
Median monthly rent 330 AZN and median sale price 86 000 AZN give a gross annual yield of about 4.6%. The figure is based on asking prices; costs are not included.
Is Gəncə pricier than the Baku average?
The median apartment sale price per m² in Gəncə is 1 467 AZN versus 2 756 AZN for Baku — 46.8% below Baku. Figures are computed from asking-price listings of the last 90 days.
How many years does a rental apartment in Gəncə take to pay back?
With a gross annual yield of 4.6%, payback takes roughly 21,7 years (median monthly rent × 12 ÷ median sale price; taxes, vacancy and repairs are not included).
Where do these figures come from?
Prayk's market observation system collects prices of listings published in the last 90 days and processes them statistically every night: medians and quartiles are computed, outliers are excluded.

Figures are asking prices from listings, not actual transaction prices. Outliers are excluded from the statistics; only groups with at least 8 listings are shown. "Time to sell" is the median lifetime of a listing before it leaves the market. Yield is a gross figure: taxes, repairs, utilities and vacancy are not taken into account.