Property Prices in Kigali, Rwanda

Index Info
Price to Income Ratio: 434.26
Mortgage as Percentage of Income: 7,328.34%
Loan Affordability Index: 0.01
Price to Rent Ratio - City Centre: 133.72
Price to Rent Ratio - Outside of Centre: 259.22
Gross Rental Yield (City Centre): 0.75%
Gross Rental Yield (Outside of Centre): 0.39%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 820,128.77 RF 500,000.00-1,250,000.00
Apartment (1 bedroom) Outside of Centre 549,067.00 RF 300,000.00-720,170.46
Apartment (3 bedrooms) in City Centre 1,624,204.97 RF 800,000.00-2,800,000.00
Apartment (3 bedrooms) Outside of Centre 913,791.02 RF 400,000.00-1,440,340.92
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,323,162.42 RF 215,136.84-4,645,113.34
Price per Square Feet to Buy Apartment Outside of Centre 2,787,068.00 RF 1,393,534.00-3,716,090.67
Salaries And Financing
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Average Monthly Net Salary (After Tax) 316,666.67 RF
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 16.20 8.00-18.00

These data are based on 56 entries in the past 18 months from 9 different contributors.
Last update: March 2025

Sources and References
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1 Comments so far
Anonymous on Jul 04, 2021:
Why is it cheaper to buy inside city than outside makes no sense