Property Prices in Addis Ababa, Ethiopia
| Index |  |
|---|---|
| Price to Income Ratio: | 52.91 |
| Mortgage as Percentage of Income: | 907.25% |
| Loan Affordability Index: | 0.11 |
| Price to Rent Ratio - City Centre: | 13.42 |
| Price to Rent Ratio - Outside of Centre: | 17.81 |
| Gross Rental Yield (City Centre): | 7.45% |
| Gross Rental Yield (Outside of Centre): | 5.62% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 711.22 $ | |
| Apartment (1 bedroom) Outside of Centre | 496.25 $ | |
| Apartment (3 bedrooms) in City Centre | 1,844.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 856.34 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 231.76 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 175.81 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 207.29 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 16.50 |
These data are based on 86 entries in the past 18 months from 14 different contributors.
Last update: February 2025
Sources and References
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