Property Prices in Addis Ababa, Ethiopia

Index Info
Price to Income Ratio: 50.55
Mortgage as Percentage of Income: 851.53%
Loan Affordability Index: 0.12
Price to Rent Ratio - City Centre: 16.47
Price to Rent Ratio - Outside of Centre: 21.51
Gross Rental Yield (City Centre): 6.07%
Gross Rental Yield (Outside of Centre): 4.65%
Rent Per Month
 Edit Range
Apartment (1 bedroom) in City Centre 645.10 $ 300.00-1,100.00
Apartment (1 bedroom) Outside of Centre 422.74 $ 201.94-1,000.00
Apartment (3 bedrooms) in City Centre 1,542.67 $ 900.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 810.67 $ 471.00-1,200.00
Buy Apartment Price
 Edit
Price per Square Feet to Buy Apartment in City Centre 247.24 $ 180.88-335.10
Price per Square Feet to Buy Apartment Outside of Centre 189.74 $ 135.03-269.51
Salaries And Financing
 Edit
Average Monthly Net Salary (After Tax) 232.62 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 16.17 11.00-18.00

These data are based on 94 entries in the past 18 months from 15 different contributors.
Last update: November 2024

Sources and References
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This page in other languages:
DeutschImmobilienpreise in Addis Abeba
PortuguêsPreços de Imóveis em Adis Abeba
ItalianoPrezzi delle proprietà immobiliari a Addis Abeba
FrançaisPrix de l'immobilier à Addis-Abeba
EspañolPrecios de Inmuebles en Adís Abeba
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5 Comments so far
Anonymous on Aug 19, 2024:
Extremely exaggerated.Honestly, people may not use these data as it is misleading.probabily, there are less contributors. The city has become expensive and no doubt for that. For instance, I am renting a government constructed but privately owned three bed apartment at the city centre for 500 USD per month
Buruk on Jan 29, 2024:
Any one else, I will provide you one bed room furnished apartment for your rent with 877USD per month and any one who wants apartment to buy, he/she can communicate me at excellent location
Buruk on Jan 29, 2024:
The price you entered is no true. In Addis Ababa, you need to cost 1M2 home (per meter square) was more than 3475 in Ayat real estate around the city center. All ohtehr facts are put low, but realy what we are facing is high
Kalkaal Hassan on Jul 13, 2023:
i need appartment i need online booking can you help me

Hassan
BAQAR on Jan 20, 2021:
I would like a cheap apartment near the center of the capital, cheap for one person, monthly rent of less than 200 dollars
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