How much does an apartment cost in Lənkəran?

Across 40 listings of the last 90 days, the median asking price for apartment sales in Lənkəran is 75 450 AZN; the median per m² is 1 095 AZN.

How much does renting out an apartment in Lənkəran earn?

Median monthly rent 100 AZN and median sale price 75 450 AZN give a gross annual yield of about 1.6%. The figure is based on asking prices; costs are not included.

Is Lənkəran pricier than the Baku average?

The median apartment sale price per m² in Lənkəran is 1 095 AZN versus 2 756 AZN for Baku — 60.3% below Baku. Figures are computed from asking-price listings of the last 90 days.

How many years does a rental apartment in Lənkəran take to pay back?

With a gross annual yield of 1.6%, payback takes roughly 62,5 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.

Lənkəran — real estate market prices

Apartment sale — median: 75 450 AZN
Median price per m²: 1 095 AZN/m²
vs Baku: 60.3% below Baku
Apartment rent — median (monthly): 100 AZN
Gross annual yield: 1.6%
Payback period: ~62,5 years

Browse listings: Lənkəran →

Sale price dynamics — apartments

-1.0% in 46 days

8/26/2026 · 76 250 AZN10/11/2026 · 75 450 AZN

Rent price dynamics — apartments

+0.0% in 36 days

9/5/2026 · 100 AZN10/11/2026 · 100 AZN

Prices by deal and property type

Group	Median (AZN)	AZN/m²	Range (AZN)	Listings	Sell (days)
Sale — Houses & villas	90 000	626	56 000–198 500	65	3
Rent — Houses & villas	120	2	100–150	48	3
Sale — Apartments	75 450	1 095	57 975–85 000	40	4
Rent — Apartments	100	1	100–308	36	1
Sale — Land	28 000	—	15 000–39 000	35	—
Daily rent — Houses & villas	100	1	83–130	26	24
Rent — Commercial property	3 800	5	400–4 000	11	3
Sale — Commercial property	105 000	—	65 000–250 000	9	—

Prices by number of rooms

Group	Median (AZN)	AZN/m²	Range (AZN)	Listings	Sell (days)	30 days
Sale — Houses & villas · 5 rooms	140 000	659	88 500–260 000	26	3	+16.7%
Rent — Houses & villas · 3 rooms	120	2	105–190	26	—	0.0%
Sale — Houses & villas · 4 rooms	80 000	570	57 000–95 000	21	—	—
Sale — Apartments · 2 rooms	75 900	1 100	53 500–85 000	21	3	-6.9%
Rent — Apartments · 3 rooms	300	1	100–350	16	1	+200.0%
Sale — Houses & villas · 3 rooms	45 000	379	38 500–59 500	11	—	—
Rent — Apartments · 2 rooms	215	3	100–300	10	—	—
Daily rent — Houses & villas · 3 rooms	100	1	100–100	10	—	—
Rent — Houses & villas · 2 rooms	100	1	95–110	9	—	—
Sale — Apartments · 1 rooms	71 188	1 250	65 875–73 063	8	—	—

Frequently asked questions

How much does an apartment cost in Lənkəran?: Across 40 listings of the last 90 days, the median asking price for apartment sales in Lənkəran is 75 450 AZN; the median per m² is 1 095 AZN.
How much does renting out an apartment in Lənkəran earn?: Median monthly rent 100 AZN and median sale price 75 450 AZN give a gross annual yield of about 1.6%. The figure is based on asking prices; costs are not included.
Is Lənkəran pricier than the Baku average?: The median apartment sale price per m² in Lənkəran is 1 095 AZN versus 2 756 AZN for Baku — 60.3% below Baku. Figures are computed from asking-price listings of the last 90 days.
How many years does a rental apartment in Lənkəran take to pay back?: With a gross annual yield of 1.6%, payback takes roughly 62,5 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.

Lənkəran — real estate market prices

Apartment sale — median

75 450 AZN

Median price per m²

1 095 AZN/m²

vs Baku

60.3% below Baku

Apartment rent — median (monthly)

100 AZN

Gross annual yield

1.6%

Payback period

~62,5 years