Nərimanov — real estate market prices
- Apartment sale — median
- 315,000 AZN
- Median price per m²
- 3,321 AZN/m²
- Apartment rent — median (monthly)
- 600 AZN
- Gross annual yield
- 2.3%
Sale price dynamics — apartments
8/23/2026 · 295,000 AZN8/26/2026 · 315,000 AZN
Rent price dynamics — apartments
8/23/2026 · 600 AZN8/26/2026 · 600 AZN
Prices by deal and property type
| Group | Median (AZN) | AZN/m² | Range (AZN) | Listings |
|---|---|---|---|---|
| Rent — Mənzillər | 600 | — | 490–600 | 31 |
| Sale — Mənzillər | 315,000 | 3,321 | 178,000–450,000 | 9 |
Prices by number of rooms
| Group | Median (AZN) | Range (AZN) | Listings |
|---|---|---|---|
| Rent — Mənzillər · 3 rooms | 600 | 600–600 | 16 |
| Rent — Mənzillər · 2 rooms | 490 | 490–490 | 10 |
Frequently asked questions
- How much does an apartment cost in Nərimanov?
- Across 9 listings of the last 90 days, the median asking price for apartment sales in Nərimanov is 315,000 AZN; the median per m² is 3,321 AZN.
- How much does renting out an apartment in Nərimanov earn?
- Median monthly rent 600 AZN and median sale price 315,000 AZN give a gross annual yield of about 2.3%. The figure is based on asking prices; costs 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.