How much does an apartment cost in Nərimanov Rayonu?

Across 15 listings of the last 90 days, the median asking price for apartment sales in Nərimanov Rayonu is 308,000 AZN; the median per m² is 3,067 AZN.

How much does renting out an apartment in Nərimanov Rayonu earn?

Median monthly rent 925 AZN and median sale price 308,000 AZN give a gross annual yield of about 3.6%. The figure is based on asking prices; costs are not included.

Is Nərimanov Rayonu pricier than the Baku average?

The median apartment sale price per m² in Nərimanov Rayonu is 3,067 AZN versus 2,759 AZN for Baku — 11.2% above Baku. Figures are computed from asking-price listings of the last 90 days.

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

With a gross annual yield of 3.6%, payback takes roughly 27,8 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.

Nərimanov Rayonu — real estate market prices

Apartment sale — median: 308,000 AZN
Median price per m²: 3,067 AZN/m²
vs Baku: 11.2% above Baku
Apartment rent — median (monthly): 925 AZN
Gross annual yield: 3.6%
Payback period: ~27,8 years

Browse listings: Nərimanov Rayonu →

Sale price dynamics — apartments

+4.4% in 8 days

10/1/2026 · 295,000 AZN10/9/2026 · 308,000 AZN

Prices by deal and property type

Group	Median (AZN)	AZN/m²	Range (AZN)	Listings
Rent — Commercial property	720	17	500–1,750	15
Sale — Apartments	308,000	3,067	228,500–357,500	15
Rent — Apartments	925	15	575–1,088	8

Prices by number of rooms

Group	Median (AZN)	AZN/m²	Range (AZN)	Listings
Sale — Apartments · 3 rooms	338,000	2,795	255,000–365,000	11

Frequently asked questions

How much does an apartment cost in Nərimanov Rayonu?: Across 15 listings of the last 90 days, the median asking price for apartment sales in Nərimanov Rayonu is 308,000 AZN; the median per m² is 3,067 AZN.
How much does renting out an apartment in Nərimanov Rayonu earn?: Median monthly rent 925 AZN and median sale price 308,000 AZN give a gross annual yield of about 3.6%. The figure is based on asking prices; costs are not included.
Is Nərimanov Rayonu pricier than the Baku average?: The median apartment sale price per m² in Nərimanov Rayonu is 3,067 AZN versus 2,759 AZN for Baku — 11.2% above Baku. Figures are computed from asking-price listings of the last 90 days.
How many years does a rental apartment in Nərimanov Rayonu take to pay back?: With a gross annual yield of 3.6%, payback takes roughly 27,8 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.

Nərimanov Rayonu — real estate market prices

Apartment sale — median

308,000 AZN

Median price per m²

3,067 AZN/m²

vs Baku

11.2% above Baku

Apartment rent — median (monthly)

925 AZN

Gross annual yield

3.6%

Payback period

~27,8 years