Property Prices in Lusaka, Zambia

Index Info
Price to Income Ratio: 51.72
Mortgage as Percentage of Income: 1,115.62%
Loan Affordability Index: 0.09
Price to Rent Ratio - City Centre: 25.19
Price to Rent Ratio - Outside of Centre: 122.62
Gross Rental Yield (City Centre): 3.97%
Gross Rental Yield (Outside of Centre): 0.82%
Rent Per Month
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Apartment (1 bedroom) in City Centre 262.56 $ 191.66-373.37
Apartment (1 bedroom) Outside of Centre 159.59 $ 90.94-248.91
Apartment (3 bedrooms) in City Centre 877.91 $ 459.51-1,660.91
Apartment (3 bedrooms) Outside of Centre 372.61 $ 227.42-622.28
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) 330.64 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 21.25 6.50-30.00

These data are based on 66 entries in the past 18 months from 11 different contributors.
Last update: March 2024

Sources and References
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