The average monthly rent of residential properties in South Africa increased by nearly *** South African rands between 2020 and 2023. In the second quarter of 2023, the average monthly rent stood at ***** South African Rands. Furthermore, rents varied across different provinces, with the Western Cape, KwaZulu Natal, and Gauteng having the most expensive rents.

About ********* of residential properties for rent in South Africa had a monthly rent ranging between ***** and ***** South African rands in the fourth quarter of 2021. Meanwhile, approximately ***** percent of residential had monthly rent exceeding ****** South African rands. During the same period, the national average rent was approximately ***** but this figure varied greatly across different provinces.

The retail property sector had the highest in prime rents in Johannesburg, South Africa in 2024. The monthly cost of a prime retail space amounted to ** U.S. dollars per square meter, while offices achieved a monthly rent of ***** U.S. dollars per square meter.

In 2023, rents grew across all South African provinces. North West saw rents increase by over **** percent, which was more than twice the national average. Nevertheless, the KwaZulu-Natal remained the most expensive province for rental housing.

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See the average Airbnb revenue & other vacation rental data in Johannesburg in 2025 by property type & size, powered by Airbtics. Find top locations for investing.

The prices for the cheapest newly built housing in two African countries, Sudan and South Sudan, exceeded ****** U.S. dollars in 2024. In the Seychelles, the price of the most affordable housing was about ****** U.S. dollars. Nigeria, Kenya, and Egypt all had house prices under 10,000 U.S. dollars.

See the average Airbnb revenue & other vacation rental data in Durban in 2025 by property type & size, powered by Airbtics. Find top locations for investing.

Addis Ababa, in Ethiopia, ranked as the most expensive city to live in Africa as of 2024, considering consumer goods prices. The Ethiopian capital obtained an index score of ****, followed by Harare, in Zimbabwe, with ****. Morocco and South Africa were the countries with the most representatives among the ** cities with the highest cost of living in Africa.

In Nairobi, Kenya, renting a *** bedroom apartment in the city center cost almost as much as a ***** bedroom apartment outside the city center in June 2023. A ***** bedroom apartment cost *** U.S. dollars a month outside the center, while in a central location, a similar apartment was *** U.S. dollars.