Gross rental yields in Mongolia: Ulaanbaatar

The average gross rental yield in Mongolia stands at 11.07% (Q2, 2025).

Historical rental yields in Mongolia

View the full rental yield dataset (2024 - Present)


  Last Updated: Apr. 01, 2025
Next Update: October 2025
ULAANBAATAR - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Sukhbaatar - Downtown UB  
Studio $37,282 $373 12.01%
1-Bedroom $61,659 $574 11.17%
2-Bedroom $97,507 $918 11.30%
3-Bedroom $172,071 $1,577 11.00%
4+Bedroom $286,785 $1,864 7.80%
Bayangol  
Studio $35,848 $344 11.52%
1-Bedroom $51,621 $430 10.00%
2-Bedroom $71,696 $574 9.61%
Khan-Uul  
Studio $30,112 $344 13.71%
1-Bedroom $51,048 $516 12.13%
2-Bedroom $84,602 $860 12.20%
3-Bedroom $134,789 $1,491 13.27%
4+Bedroom $215,089 $2,151 12.00%
Songinokhairkhan  
Studio $29,252 $287 11.77%
1-Bedroom $38,716 $373 11.56%
2-Bedroom $48,753 $430 10.58%
Bayanzurkh  
Studio $32,693 $344 12.63%
1-Bedroom $48,753 $459 11.30%
2-Bedroom $81,734 $660 9.69%
3-Bedroom $144,826 $860 7.13%
Ulaanbaatar (all locations)  
Studio $32,980 $344 12.52%
1-Bedroom $51,191 $488 11.44%
2-Bedroom $82,339 $717 10.45%
3-Bedroom $148,555 $1,291 10.43%
4+Bedroom $212,508 $1,864 10.53%
Ulaanbaatar avg. rental yields 11.07%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide and Unegui

Research Methodology:

Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, and 3-bedroom properties across the capital city of Mongolia, comparing median rental prices with median purchase prices to determine gross rental yields.

We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:

(Median Monthly Rent × 12) ÷ Median Purchase Price × 100

For example, if the median monthly rent is $500 and the median purchase price is $100,000, the yield is calculated as:

($500 × 12) ÷ $100,000 = 6% Gross Rental Yield

Note: NET yields vary from country to country, but are usually 1.5-2% lower.

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