Property Prices in Ethiopia

Index Info
Price to Income Ratio: 28.91
Mortgage as Percentage of Income: 487.76%
Loan Affordability Index: 0.21
Price to Rent Ratio - City Centre: 10.23
Price to Rent Ratio - Outside of Centre: 15.73
Gross Rental Yield (City Centre): 9.77%
Gross Rental Yield (Outside of Centre): 6.36%
Rent Per Month
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Apartment (1 bedroom) in City Centre 434.45 $ 200.00-900.00
Apartment (1 bedroom) Outside of Centre 219.95 $ 90.00-400.00
Apartment (3 bedrooms) in City Centre 1,734.94 $ 1,000.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 652.31 $ 300.00-1,020.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 139.54 $ 94.76-200.00
Price per Square Feet to Buy Apartment Outside of Centre 90.56 $ 72.46-139.35
Salaries And Financing
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Average Monthly Net Salary (After Tax) 214.22 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 16.20 12.00-17.00

These data are based on 159 entries in the past 18 months from 26 different contributors.
Last update: January 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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