Property Prices in Ethiopia

Index
Price to Income Ratio:	26.55
Mortgage as Percentage of Income:	442.65%
Loan Affordability Index:	0.23
Price to Rent Ratio - City Centre:	12.12
Price to Rent Ratio - Outside of Centre:	16.09
Gross Rental Yield (City Centre):	8.25%
Gross Rental Yield (Outside of Centre):	6.22%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	353.35 $	200.00-800.00
Apartment (1 bedroom) Outside of Centre	166.03 $	90.00-250.00
Apartment (3 bedrooms) in City Centre	1,439.13 $	1,000.00-2,100.00
Apartment (3 bedrooms) Outside of Centre	481.84 $	300.00-1,000.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	136.08 $	111.48-200.00
Price per Square Feet to Buy Apartment Outside of Centre	69.06 $	37.16-82.96
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	207.91 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	15.97	12.00-17.00

These data are based on 116 entries in the past 18 months from 25 different contributors.
Last update: November 2020
Our data for each country are based on all entries from all cities in that country.

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