Property Prices in Ethiopia

Index
Price to Income Ratio:	27.44
Mortgage as Percentage of Income:	452.04%
Loan Affordability Index:	0.22
Price to Rent Ratio - City Centre:	13.42
Price to Rent Ratio - Outside of Centre:	19.32
Gross Rental Yield (City Centre):	7.45%
Gross Rental Yield (Outside of Centre):	5.18%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	331.94 $	154.12-800.00
Apartment (1 bedroom) Outside of Centre	169.03 $	75.00-250.00
Apartment (3 bedrooms) in City Centre	1,361.36 $	800.00-2,100.00
Apartment (3 bedrooms) Outside of Centre	444.24 $	250.00-1,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	142.29 $	111.48-200.00
Price per Square Feet to Buy Apartment Outside of Centre	79.90 $	72.46-102.19
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	217.91 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	15.75	12.00-17.00

These data are based on 118 entries in the past 18 months from 23 different contributors.
Last update: February 2021
Our data for each country are based on all entries from all cities in that country.

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