Property Prices in Kigali, Rwanda

Index
Price to Income Ratio:	375.08
Mortgage as Percentage of Income:	6,329.55%
Loan Affordability Index:	0.02
Price to Rent Ratio - City Centre:	128.81
Price to Rent Ratio - Outside of Centre:	256.43
Gross Rental Yield (City Centre):	0.78%
Gross Rental Yield (Outside of Centre):	0.39%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	822,300.08 RF	500,000.00-1,142,901.47
Apartment (1 bedroom) Outside of Centre	512,174.31 RF	200,000.00-1,000,000.00
Apartment (3 bedrooms) in City Centre	1,750,721.55 RF	800,000.00-2,800,000.00
Apartment (3 bedrooms) Outside of Centre	1,018,078.58 RF	650,000.00-1,415,570.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	2,323,591.61 RF	216,853.59-4,645,113.34
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	Edit
Average Monthly Net Salary (After Tax)	366,666.67 RF
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	16.20	8.00-18.00

These data are based on 58 entries from 9 contributors over the past 18 months.
Last update: April 2025

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This Page in Other Languages:

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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