Property Prices in Ethiopia

Index Info
Price to Income Ratio: 51.58
Mortgage as Percentage of Income: 815.06%
Loan Affordability Index: 0.12
Price to Rent Ratio - City Centre: 17.07
Price to Rent Ratio - Outside of Centre: 22.59
Gross Rental Yield (City Centre): 5.86%
Gross Rental Yield (Outside of Centre): 4.43%
Rent Per Month
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Apartment (1 bedroom) in City Centre 569.83 $ 267.00-1,100.00
Apartment (1 bedroom) Outside of Centre 337.27 $ 150.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,419.50 $ 650.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 775.00 $ 350.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 231.24 $ 167.22-325.16
Price per Square Feet to Buy Apartment Outside of Centre 173.67 $ 100.76-269.51
Salaries And Financing
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Average Monthly Net Salary (After Tax) 211.24 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.00 9.50-17.00

These data are based on 115 entries in the past 18 months from 17 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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