Property Prices in Ethiopia

Index
Price to Income Ratio:	28.75
Mortgage as Percentage of Income:	473.62%
Loan Affordability Index:	0.21
Price to Rent Ratio - City Centre:	12.98
Price to Rent Ratio - Outside of Centre:	17.06
Gross Rental Yield (City Centre):	7.70%
Gross Rental Yield (Outside of Centre):	5.86%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	314.37 $	154.12-800.00
Apartment (1 bedroom) Outside of Centre	151.06 $	70.00-200.00
Apartment (3 bedrooms) in City Centre	1,497.70 $	800.00-2,100.00
Apartment (3 bedrooms) Outside of Centre	466.41 $	243.90-1,400.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	144.04 $	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)	199.46 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	15.75	12.00-17.00

These data are based on 115 entries in the past 18 months from 19 different contributors.
Last update: June 2021
Our data for each country are based on all entries from all cities in that country.

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