Property Prices in Ethiopia

Index Info
Price to Income Ratio: 47.28
Mortgage as Percentage of Income: 762.88%
Loan Affordability Index: 0.13
Price to Rent Ratio - City Centre: 16.28
Price to Rent Ratio - Outside of Centre: 21.28
Gross Rental Yield (City Centre): 6.14%
Gross Rental Yield (Outside of Centre): 4.70%
Rent Per Month
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Apartment (1 bedroom) in City Centre 575.23 $ 267.00-1,100.00
Apartment (1 bedroom) Outside of Centre 287.31 $ 125.00-750.00
Apartment (3 bedrooms) in City Centre 1,425.69 $ 650.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 680.07 $ 346.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 222.06 $ 139.35-325.16
Price per Square Feet to Buy Apartment Outside of Centre 141.50 $ 92.90-269.51
Salaries And Financing
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Average Monthly Net Salary (After Tax) 206.92 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.38 9.50-17.00

These data are based on 137 entries in the past 18 months from 21 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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