Property Prices in Addis Ababa, Ethiopia
| Index |  |
|---|---|
| Price to Income Ratio: | 51.59 |
| Mortgage as Percentage of Income: | 881.32% |
| Loan Affordability Index: | 0.11 |
| Price to Rent Ratio - City Centre: | 14.37 |
| Price to Rent Ratio - Outside of Centre: | 19.52 |
| Gross Rental Yield (City Centre): | 6.96% |
| Gross Rental Yield (Outside of Centre): | 5.12% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 686.45 $ | |
| Apartment (1 bedroom) Outside of Centre | 403.55 $ | |
| Apartment (3 bedrooms) in City Centre | 1,776.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 809.48 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 239.24 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 167.86 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 212.33 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 16.43 |
These data are based on 105 entries in the past 18 months from 16 different contributors.
Last update: January 2025
Sources and References
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