District trends

Bakıxanov apartment prices

Average AZN/m²
2 333AZN/m²0%
Active listings
5,797
Baku city-wide
-15.9%

Bakıxanov is mid-priced of Baku's areas. There are currently 5 797 active listings, with an average price of 2 333 AZN per square meter. Prices were stable this past week. That is notably below the Baku average.

Compared

This district
2 333 AZN/m²
15.9% below Baku
Baku city-wide
2 773 AZN/m²

median price per m² across 51 979 active listings, 3 November

Nearby districts
2 409 AZN/m²
13.1% below Baku
2 665 AZN/m²
3.9% below Baku
2 938 AZN/m²
6.0% above Baku

Sale price trend

Sale - by room count

RoomsAvg AZN/m²MoMActive
1 rooms2 6192.1%382
2 rooms2 4250.2%2266
3 rooms2 279+0.1%2434
4+2 1581.5%715

Rent price trend

Rent - by room count

RoomsAvg AZN/m²MoMActive
1 rooms100%91
2 rooms101.7%1031
3 rooms8-0.1%400
4+66.1%57

Rent yield

Expected yield
4.4%

A typical apartment rents for about 600 AZN a month, 7 200 AZN a year. At that rate it pays back its price in about 23 years.

Top complexes in this district

Frequently asked questions

The average apartment price in Bakıxanov over the past week is 165 000 AZN.
A square metre in Bakıxanov is roughly 2 333 AZN.
Over the past 52 weeks the average price has been roughly flat.
The average 2-room apartment in Bakıxanov is 144 000 AZN.
The gross annual rental yield in Bakıxanov is about 4.4%.