Property Prices in Ethiopia

Index Info
Price to Income Ratio: 47.56
Mortgage as Percentage of Income: 783.26%
Loan Affordability Index: 0.13
Price to Rent Ratio - City Centre: 15.07
Price to Rent Ratio - Outside of Centre: 18.08
Gross Rental Yield (City Centre): 6.64%
Gross Rental Yield (Outside of Centre): 5.53%
Rent Per Month
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Apartment (1 bedroom) in City Centre 639.85 $ 267.00-1,100.00
Apartment (1 bedroom) Outside of Centre 371.09 $ 150.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,625.82 $ 900.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 776.40 $ 455.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 231.64 $ 167.22-335.10
Price per Square Feet to Buy Apartment Outside of Centre 145.94 $ 92.90-269.51
Salaries And Financing
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Average Monthly Net Salary (After Tax) 213.66 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.75 9.50-18.00

These data are based on 126 entries in the past 18 months from 19 different contributors.
Last update: January 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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