YerevanEstateAnalytics · Monthly report
How much does an apartment in Yerevan cost: price per m² by district, Aug 2026
In Aug 2026 the average apartment price in Yerevan is $2,342 per m² across 23,817 sale listings, +16% since Sep 2025. Below: prices in 12 districts, who is growing fastest and how many apartments were sold.
Prices by district
The numbers are averages of listings for Aug 2026, not sale prices. Districts with fewer than 30 listings in the month are not shown.| District | $ per m² | since Sep 2025 | Listings | Deals, 2025 |
|---|---|---|---|---|
| Kentron | $3,585 | +15% | 6,620 | 2,114 |
| Arabkir | $2,463 | +20% | 6,155 | 3,808 |
| Davtashen | $2,118 | +18% | 1,256 | 829 |
| Nork-Marash | $2,028 | +10% | 239 | 408 |
| Kanaker-Zeytun | $2,015 | +18% | 1,948 | 1,107 |
| Ajapnyak | $1,914 | +23% | 2,327 | 1,696 |
| Avan | $1,895 | +27% | 1,154 | 920 |
| Erebuni | $1,778 | +18% | 596 | 377 |
| Nor Nork | $1,756 | +24% | 2,132 | 1,495 |
| Malatia-Sebastia | $1,738 | +23% | 2,246 | 1,475 |
| Nubarashen | few listings | — | 19 | 25 |
| Shengavit | few listings | — | 15 | 960 |
| Yerevan | $2,342 | +16% | 23,817 | 15,214 |
What changed
The gap between districts is 2.1×: Kentron ($3,585 per m²) versus Malatia-Sebastia ($1,738).
The strongest growth since Sep 2025: Avan (+27%), Nor Nork (+24%) and Ajapnyak (+23%). The slowest: Kentron (+15%) and Nork-Marash (+10%). The centre lags: Kentron added +15% against a district median of +20% — growth is coming mostly from the periphery.
City-wide, new builds average $2,854 per m² and secondary homes $2,195: a 30% difference.
Government data shows 15,214 apartments sold in Yerevan in 2025. The leader is Arabkir: 3,808 deals (25% of all).
The numbers are averages of listings for Aug 2026, not sale prices. Districts with fewer than 30 listings in the month are not shown. Methodology and limits · Ask your AI
Frequently asked questions
- How much does an apartment in Yerevan cost in 2026?
- On average $2,342 per m² (Aug 2026); a 70 m² apartment is about $163,940. These are asking prices in sale listings; real deals usually close lower.
- Which Yerevan district is the most expensive and which is the cheapest?
- The most expensive is Kentron ($3,585 per m²); the most affordable among districts with enough listings is Malatia-Sebastia ($1,738).
- Are apartment prices in Yerevan rising?
- From Sep 2025 to Aug 2026 the city-wide average price per m² changed by +16%.
- Where does this data come from?
- Sale listings for Yerevan apartments that we collect every week, and government data on the number of deals by district. The method is described on the Methodology page.