Property Prices in Ethiopia

Index Info
Price to Income Ratio: 46.06
Mortgage as Percentage of Income: 743.17%
Loan Affordability Index: 0.13
Price to Rent Ratio - City Centre: 16.51
Price to Rent Ratio - Outside of Centre: 22.26
Gross Rental Yield (City Centre): 6.06%
Gross Rental Yield (Outside of Centre): 4.49%
Rent Per Month
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Apartment (1 bedroom) in City Centre 548.17 $ 267.00-900.00
Apartment (1 bedroom) Outside of Centre 272.92 $ 125.00-460.00
Apartment (3 bedrooms) in City Centre 1,336.17 $ 650.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 653.92 $ 346.00-1,020.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 212.66 $ 139.35-306.58
Price per Square Feet to Buy Apartment Outside of Centre 141.50 $ 92.90-204.38
Salaries And Financing
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Average Monthly Net Salary (After Tax) 206.92 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.38 9.50-17.00

These data are based on 131 entries in the past 18 months from 20 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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