Property Prices in Tanzania

Index Info
Price to Income Ratio: 133.86
Mortgage as Percentage of Income: 2,155.43%
Loan Affordability Index: 0.05
Price to Rent Ratio - City Centre: 54.06
Price to Rent Ratio - Outside of Centre: 149.19
Gross Rental Yield (City Centre): 1.85%
Gross Rental Yield (Outside of Centre): 0.67%
Rent Per Month
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Apartment (1 bedroom) in City Centre 954,680.07 TSh 300,000.00-1,858,292.96
Apartment (1 bedroom) Outside of Centre 576,382.43 TSh 200,000.00-1,061,881.69
Apartment (3 bedrooms) in City Centre 1,964,687.14 TSh 600,000.00-3,982,056.33
Apartment (3 bedrooms) Outside of Centre 1,137,126.07 TSh 398,205.63-2,500,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,113,598.11 TSh 341,086.58-9,290,226.68
Price per Square Feet to Buy Apartment Outside of Centre 1,818,271.54 TSh 1,300,631.74-2,787,068.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 589,375.00 TSh
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.34 10.00-20.00

These data are based on 140 entries in the past 18 months from 28 different contributors.
Last update: November 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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