Property Prices in Ethiopia

Index Info
Price to Income Ratio: 51.40
Mortgage as Percentage of Income: 835.01%
Loan Affordability Index: 0.12
Price to Rent Ratio - City Centre: 17.11
Price to Rent Ratio - Outside of Centre: 19.90
Gross Rental Yield (City Centre): 5.84%
Gross Rental Yield (Outside of Centre): 5.02%
Rent Per Month
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Apartment (1 bedroom) in City Centre 654.64 $ 300.00-1,500.00
Apartment (1 bedroom) Outside of Centre 385.77 $ 201.94-1,000.00
Apartment (3 bedrooms) in City Centre 1,242.26 $ 686.05-3,500.00
Apartment (3 bedrooms) Outside of Centre 756.17 $ 455.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 232.61 $ 180.88-335.10
Price per Square Feet to Buy Apartment Outside of Centre 161.87 $ 100.76-269.51
Salaries And Financing
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Average Monthly Net Salary (After Tax) 206.55 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.50 11.00-18.00

These data are based on 100 entries from 16 contributors over the past 18 months.
Last update: March 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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