Price/Rent Ratio in Jordan compared to Middle East
Last update:
Next update:
June 2018
This price-to-rent ratio helps assess whether it is more cost-effective to buy or rent a home in a given market. A high price-to-rent ratio suggests that buying a property is more expensive relative to renting, whereas a low ratio indicates that buying may be more favorable than renting.
- Price-to-Rent Ratio below 16: It's generally cheaper to buy a home than to rent.
- Price-to-Rent Ratio between 17 and 20: The cost of buying and renting is roughly comparable.
- Price-to-Rent Ratio above 21: It's generally cheaper to rent than to buy.
Compare Countries and Cities
42 yrs
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24 yrs
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15 yrs
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15 yrs
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14 yrs
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14 yrs
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13 yrs
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Jordan does not publish official house price statistics. The Central Bank of Jordan has good general economics statistics.