Property Prices in Ethiopia

Index Info
Price to Income Ratio: 45.06
Mortgage as Percentage of Income: 726.97%
Loan Affordability Index: 0.14
Price to Rent Ratio - City Centre: 16.41
Price to Rent Ratio - Outside of Centre: 22.68
Gross Rental Yield (City Centre): 6.09%
Gross Rental Yield (Outside of Centre): 4.41%
Rent Per Month
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Apartment (1 bedroom) in City Centre 549.36 $ 213.00-900.00
Apartment (1 bedroom) Outside of Centre 274.64 $ 120.00-460.00
Apartment (3 bedrooms) in City Centre 1,348.77 $ 650.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 626.73 $ 300.00-1,020.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 212.66 $ 139.35-306.58
Price per Square Feet to Buy Apartment Outside of Centre 141.50 $ 92.90-204.38
Salaries And Financing
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Average Monthly Net Salary (After Tax) 211.53 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.38 9.50-17.00

These data are based on 139 entries in the past 18 months from 22 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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