Property Prices in Lusaka, Zambia

Index Info
Price to Income Ratio: 54.70
Mortgage as Percentage of Income: 1,377.29%
Loan Affordability Index: 0.07
Price to Rent Ratio - City Centre: 23.83
Price to Rent Ratio - Outside of Centre: 102.69
Gross Rental Yield (City Centre): 4.20%
Gross Rental Yield (Outside of Centre): 0.97%
Rent Per Month
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Apartment (1 bedroom) in City Centre 226.58 $ 191.66-800.00
Apartment (1 bedroom) Outside of Centre 122.56 $ 76.59-180.00
Apartment (3 bedrooms) in City Centre 1,040.00 $ 500.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 594.57 $ 268.32-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 185.80 $ 185.80-999.99
Price per Square Feet to Buy Apartment Outside of Centre 449.70 $ 185.80-2,312.35
Salaries And Financing
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Average Monthly Net Salary (After Tax) 312.64 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 25.00 6.50-30.00

These data are based on 62 entries from 11 contributors over the past 18 months.
Last update: March 2025

Sources and References
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