Albania House Prices, Rents & Rental Yields (2026)
How much property costs in Albania, what it rents for and how that compares with neighbouring markets in Southern Europe. City-centre prices per m² rank 7 of 10 in this comparison; gross yields rank 4 of 9.
- Apartment price per m² (city centre)
- $2,304
- 2023
- Apartment price per m² (outside centre)
- $1,264
- 2023
- Gross rental yield (city centre)
- 4.8%
- 2024
- Price-to-income ratio
- 14.1
- 2024
- Rent: 1-bedroom, city centre
- $595/mo
- 2024
- Mortgage interest rate (20-year fixed)
- 5.4%
- 2023
Price and rent trends in Albania
Latest property market indicators
| Indicator | Value | Year | Change | Source |
|---|---|---|---|---|
| Apartment price per m² (city centre)Average asking price per square metre to buy an apartment in city centres | $2,304 | 2023 | +16.5% vs 2022 | Numbeo |
| Apartment price per m² (outside centre)Average price per square metre to buy an apartment outside city centres | $1,264 | 2023 | +30.1% vs 2022 | Numbeo |
| Price-to-income ratioMedian apartment price divided by median annual disposable family income | 14.1 | 2024 | -10.2% vs 2023 | Numbeo |
| Gross rental yield (city centre)Annual rent as a percentage of purchase price, city-centre apartments | 4.8% | 2024 | +0.5 pp vs 2023 | Numbeo |
| Price-to-rent ratio (city centre)Purchase price divided by annual rent, city-centre apartments | 20.9 | 2024 | -9.5% vs 2023 | Numbeo |
| Rent: 1-bedroom, city centreAverage monthly rent of a one-bedroom apartment in the city centre | $595/mo | 2024 | +29.2% vs 2023 | Numbeo |
| Rent: 1-bedroom, outside centreAverage monthly rent of a one-bedroom apartment outside the centre | $328/mo | 2023 | +34.8% vs 2022 | Numbeo |
| Rent: 3-bedroom, city centreAverage monthly rent of a three-bedroom apartment in the city centre | $894/mo | 2023 | +23.2% vs 2022 | Numbeo |
| Rent: 3-bedroom, outside centreAverage monthly rent of a three-bedroom apartment outside the centre | $514/mo | 2023 | +19.6% vs 2022 | Numbeo |
| Mortgage interest rate (20-year fixed)Average yearly mortgage interest rate, 20-year fixed | 5.4% | 2023 | +0.5 pp vs 2022 | Numbeo |
Year-by-year data
| Year | Apartment price per m² (city centre) | Apartment price per m² (outside centre) | Price-to-income ratio | Gross rental yield (city centre) | Price-to-rent ratio (city centre) | Rent: 1-bedroom, city centre | Rent: 1-bedroom, outside centre | Rent: 3-bedroom, city centre | Rent: 3-bedroom, outside centre | Mortgage interest rate (20-year fixed) |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | — | — | 14.1 | 4.8% | 20.9 | $595/mo | — | — | — | — |
| 2023 | $2,304 | $1,264 | 15.7 | 4.3% | 23.1 | $461/mo | $328/mo | $894/mo | $514/mo | 5.4% |
| 2022 | $1,977 | $972 | 14.1 | 4.0% | 24.7 | $399/mo | $243/mo | $726/mo | $430/mo | 4.9% |
| 2021 | $2,263 | $990 | 14.8 | 4.3% | 23.2 | $358/mo | $231/mo | $680/mo | $430/mo | 4.7% |
| 2020 | $1,719 | $828 | 15.5 | 4.2% | 23.8 | $319/mo | $198/mo | $611/mo | $355/mo | 4.7% |
| 2019 | $1,714 | $782 | 15.2 | 4.3% | 23.4 | $315/mo | $188/mo | $609/mo | $352/mo | 5.3% |
| 2018 | $1,613 | $717 | 14.3 | 3.7% | 27.1 | $310/mo | $179/mo | $586/mo | $309/mo | 5.7% |
| 2017 | $1,484 | $693 | 14.4 | 4.0% | 25.2 | $270/mo | $157/mo | $488/mo | $268/mo | 6.3% |
Albania compared with Southern Europe
| Country | Apartment price per m² (city centre) | Gross rental yield (city centre) | Price-to-income ratio | Mortgage interest rate (20-year fixed) |
|---|---|---|---|---|
| Albania | $2,304 | 4.8% | 14.1 | 5.4% |
| Bosnia and Herzegovina | $2,094 | 2.6% | 12.5 | 3.8% |
| Croatia | $4,018 | 3.3% | 13.4 | 3.8% |
| Greece | $2,918 | 3.9% | 13.6 | 4.6% |
| Italy | $4,911 | 4.2% | 10.7 | 4.2% |
| Kosovo | $1,677 | — | — | — |
| Malta | $3,806 | 5.3% | 11.4 | 5.0% |
| Montenegro | $2,343 | 6.3% | 12.3 | 6.5% |
| North Macedonia | $1,789 | 3.4% | 14.8 | 5.5% |
| Portugal | $3,523 | 6.4% | 12.6 | 3.8% |
Related
- Properties for sale in Albania (9,316)
- Mortgages in Albania for foreigners
- Albania market overview
- Tax rates in Albania
Prices, rents, yields and mortgage rates: Numbeo (crowd-sourced, national averages of city data). Values in US dollars.