Gross rental yields in Mongolia: Ulaanbaatar
The average gross rental yield in Mongolia stands at 9.25% (Q2, 2026). Previously, in Q4 2025, the rental yield was 10.75%.
Historical rental yields in Mongolia
| ULAANBAATAR - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Sukhbaatar - Downtown UB | |||
| Studio | $39,200 | $380 | 11.63% |
| 1-Bedroom | $69,200 | $560 | 9.71% |
| 2-Bedroom | $126,100 | $980 | 9.33% |
| 3-Bedroom | $248,400 | $1,680 | 8.12% |
| Bayangol | |||
| Studio | $39,200 | $340 | 10.41% |
| 1-Bedroom | $61,100 | $420 | 8.25% |
| 2-Bedroom | $89,700 | $560 | 7.49% |
| Khan-Uul | |||
| Studio | $34,200 | $370 | 12.98% |
| 1-Bedroom | $60,800 | $510 | 10.07% |
| 2-Bedroom | $122,600 | $900 | 8.81% |
| 3-Bedroom | $238,300 | $1,540 | 7.75% |
| Songinokhairkhan | |||
| Studio | $30,800 | $310 | 12.08% |
| 1-Bedroom | $44,900 | $370 | 9.89% |
| 2-Bedroom | $61,700 | $420 | 8.17% |
| Bayanzurkh | |||
| Studio | $37,000 | $350 | 11.35% |
| 1-Bedroom | $59,400 | $450 | 9.09% |
| 2-Bedroom | $103,700 | $700 | 8.10% |
| 3-Bedroom | $187,200 | $1,120 | 7.18% |
| Ulaanbaatar (all locations) | |||
| Studio | $36,300 | $335 | 11.07% |
| 1-Bedroom | $59,800 | $450 | 9.03% |
| 2-Bedroom | $104,800 | $780 | 8.93% |
| 3-Bedroom | $211,000 | $1,400 | 7.96% |
| Ulaanbaatar avg. rental yields | 10.75% | ||
| 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 |
|||
View the full rental yield dataset (2025 - Present)
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.
