Property Prices in Tanzania

Index Info
Price to Income Ratio: 235.62
Mortgage as Percentage of Income: 3,550.26%
Loan Affordability Index: 0.03
Price to Rent Ratio - City Centre: 190.51
Price to Rent Ratio - Outside of Centre: 207.16
Gross Rental Yield (City Centre): 0.52%
Gross Rental Yield (Outside of Centre): 0.48%
Rent Per Month
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Apartment (1 bedroom) in City Centre 853,339.14 TSh 300,000.00-2,000,000.00
Apartment (1 bedroom) Outside of Centre 461,406.67 TSh 250,000.00-1,000,000.00
Apartment (3 bedrooms) in City Centre 1,868,062.50 TSh 500,000.00-3,975,000.00
Apartment (3 bedrooms) Outside of Centre 943,500.00 TSh 300,000.00-2,500,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,615,823.77 TSh 232,255.67-9,290,226.68
Price per Square Feet to Buy Apartment Outside of Centre 2,056,028.49 TSh 1,324,988.97-2,787,068.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 647,777.78 TSh
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.17 12.00-18.00

These data are based on 108 entries in the past 18 months from 23 different contributors.
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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