How much does an apartment cost in Nizami?

Across 203 listings of the last 90 days, the median asking price for apartment sales in Nizami is 187 000 AZN; the median per m² is 2 800 AZN.

How much does renting out an apartment in Nizami earn?

Median monthly rent 500 AZN and median sale price 187 000 AZN give a gross annual yield of about 3.2%. The figure is based on asking prices; costs are not included.

Is Nizami pricier than the Baku average?

The median apartment sale price per m² in Nizami is 2 800 AZN versus 2 759 AZN for Baku — 1.5% above Baku. Figures are computed from asking-price listings of the last 90 days.

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

With a gross annual yield of 3.2%, payback takes roughly 31,3 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.

Nizami — real estate market prices

Apartment sale — median: 187 000 AZN
Median price per m²: 2 800 AZN/m²
vs Baku: 1.5% above Baku
Apartment rent — median (monthly): 500 AZN
Gross annual yield: 3.2%
Payback period: ~31,3 years

Browse listings: Nizami →

Sale price dynamics — apartments

+9.7% in 50 days

8/23/2026 · 170 500 AZN10/12/2026 · 187 000 AZN

Rent price dynamics — apartments

+42.9% in 50 days

8/23/2026 · 350 AZN10/12/2026 · 500 AZN

Prices by deal and property type

Group	Median (AZN)	AZN/m²	Range (AZN)	Listings	Sell (days)
Rent — Apartments	500	9	350–700	269	3
Sale — Apartments	187 000	2 800	155 000–237 380	203	6
Rent — Houses & villas	300	5	200–500	21	3
Rent — Commercial property	430	13	150–650	17	3
Sale — Houses & villas	196 000	1 305

Prices by number of rooms

Group	Median (AZN)	AZN/m²	Range (AZN)	Listings	Sell (days)	30 days
Rent — Apartments · 2 rooms	500	10	350–650	149	3	+42.9%
Sale — Apartments · 3 rooms	219 500	2 661	185 000–247 250	86	3	+12.6%
Sale — Apartments · 2 rooms	168 500	2 941	149 500–195 000	84	17	+12.3%
Rent — Apartments · 3 rooms	650	8	350–800	73	5	+85.7%

Neighbouring districts

Frequently asked questions

How much does an apartment cost in Nizami?: Across 203 listings of the last 90 days, the median asking price for apartment sales in Nizami is 187 000 AZN; the median per m² is 2 800 AZN.
How much does renting out an apartment in Nizami earn?: Median monthly rent 500 AZN and median sale price 187 000 AZN give a gross annual yield of about 3.2%. The figure is based on asking prices; costs are not included.
Is Nizami pricier than the Baku average?: The median apartment sale price per m² in Nizami is 2 800 AZN versus 2 759 AZN for Baku — 1.5% above Baku. Figures are computed from asking-price listings of the last 90 days.
How many years does a rental apartment in Nizami take to pay back?: With a gross annual yield of 3.2%, payback takes roughly 31,3 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.