Question 1

How much does it cost to rent an apartment in Achapnyak, Yerevan?

Accepted Answer

Half of the listings in this selection cost more than $1,106 per month and half cost less. Nine out of ten are between $827 and $2,073. This is the median of our current listings, not the average, because a few very expensive listings push the average up.

Question 2

How many options are available now?

Accepted Answer

There are 21 listings in this selection. The list comes from the WSE.AM database: a listing disappears as soon as it is rented or sold, so there are no outdated offers here.

Question 3

What size are the apartments in this selection?

Accepted Answer

A typical apartment is 65 m², about $17 per square metre per month. In Armenia rooms are counted including the living room, so a 2-room apartment usually has one bedroom.

Question 4

Is this more or less expensive than the district average?

Accepted Answer

More expensive by about 8%: the median of all apartments in the district is $1,024 per month, in this selection it is $1,106. Both figures come from the same database, so they can be compared directly.

Question 5

How is a new building different from an older one?

Accepted Answer

Modern utilities, a lift, more often underground parking and security, higher ceilings. In return, the building maintenance fee is usually higher than in Soviet-era panel buildings. The apartments in this selection are in new buildings but are sold or rented by their owners, not by the developer.

Question 6

What do I need to rent an apartment in Yerevan as a foreigner?

Accepted Answer

A passport, the first month's rent and a deposit. The deposit is usually equal to one month's rent but is agreed with the owner. We prepare the lease, help with moving in and record the meter readings; a foreigner needs nothing else to rent.