Property Prices in Ethiopia

Index Info
Price to Income Ratio: 28.45
Mortgage as Percentage of Income: 471.55%
Loan Affordability Index: 0.21
Price to Rent Ratio - City Centre: 9.28
Price to Rent Ratio - Outside of Centre: 15.70
Gross Rental Yield (City Centre): 10.78%
Gross Rental Yield (Outside of Centre): 6.37%
Rent Per Month
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Apartment (1 bedroom) in City Centre 487.39 $ 213.00-900.00
Apartment (1 bedroom) Outside of Centre 233.41 $ 92.00-450.00
Apartment (3 bedrooms) in City Centre 1,830.61 $ 1,132.00-2,700.00
Apartment (3 bedrooms) Outside of Centre 630.44 $ 346.00-1,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 136.49 $ 78.97-240.25
Price per Square Feet to Buy Apartment Outside of Centre 90.99 $ 39.20-139.35
Salaries And Financing
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Average Monthly Net Salary (After Tax) 215.16 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.87 12.00-17.00

These data are based on 148 entries in the past 18 months from 25 different contributors.
Last update: May 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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