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Districts

Where Yerevan lives

Twelve administrative districts, each with its own character, supply rhythm, and price ceiling. Tap any one for sub-areas, indicative prices per m², and listings on the market today.

Kentron

The city centre

The city centre — government, museums, Cascade, Northern Avenue. The most-walked square kilometre in Armenia, and the tightest supply.

per m²$3,900/m²
Rental yield5.6%
SupplyLimited

Arabkir

Elevated, residential

Family blocks above Kentron — leafier streets, B-class new builds, schools nearby. Long the safe choice for return buyers.

per m²$2,800/m²
Rental yield6.4%
SupplyHealthy

Avan

North-east residential

North-east of the centre, above the ravine. Newer construction along the arterials, generally calmer streets, schools and monastic landmarks within walking distance.

per m²$1,700/m²
Rental yield7.0%
SupplyHealthy

Davtashen

North-west, newer build

Late-Soviet residential blocks at altitude in the north-west, plus recent infill along the ring road. Cleaner air, easier parking.

per m²$1,600/m²
Rental yield7.2%
SupplyHealthy

Erebuni

Southern, historic anchor

Yerevan's southern anchor, named for the 8th-century-BC fortress. Lower-density residential and a long, slow-burning regeneration story.

per m²$1,500/m²
Rental yield7.3%
SupplyHealthy

Kanaker-Zeytun

Northern Soviet-era blocks

Two historic neighbourhoods merged into one district. Mostly mid-rise residential with newer towers along K.Ulnetsi.

per m²$1,900/m²
Rental yield6.9%
SupplyHealthy

Malatia-Sebastia

Western, large district

Yerevan's largest district by population — affordable family stock, growing commercial corridors, easy access to the western edge of the city.

per m²$1,400/m²
Rental yield7.4%
SupplyHealthy

Nor Nork

Eastern microdistricts

Late-Soviet ring of nine microdistricts on the eastern edge. Entry-level pricing, family demographic, infrastructure catching up.

per m²$1,300/m²
Rental yield7.5%
SupplyHealthy

Nork-Marash

Hillside privacy

Hillside enclave with private villas and embassies — views over the city, scarce supply, and the strongest privacy profile inside the city limits.

per m²$3,200/m²
Rental yield3.8%
SupplyScarce

Nubarashen

Southern outskirts

The city's southernmost edge. Buying here is a long-horizon land play, not a centre-of-town buy.

per m²$700/m²
Rental yield6.5%
SupplyHealthy

Shengavit

Industrial-residential mix

Mixed-use district along the Hrazdan gorge — affordable apartments and large-floorplate commercial along D.Sasuntsi and Bagratunyats.

per m²$1,500/m²
Rental yield7.2%
SupplyHealthy

Ajapnyak

North-west residential

North-west residential across the gorge, well-connected by the Kievyan bridge. B-class new builds along Halabian and quieter Soviet blocks behind.

per m²$1,600/m²
Rental yield7.1%
SupplyHealthy