Property Prices in Kenya

Index Info
Price to Income Ratio: 13.94
Mortgage as Percentage of Income: 189.36%
Loan Affordability Index: 0.53
Price to Rent Ratio - City Centre: 22.72
Price to Rent Ratio - Outside of Centre: 19.56
Gross Rental Yield (City Centre): 4.40%
Gross Rental Yield (Outside of Centre): 5.11%
Rent Per Month
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Apartment (1 bedroom) in City Centre 31,860.00 KSh 13,000.00-75,000.00
Apartment (1 bedroom) Outside of Centre 17,949.15 KSh 10,000.00-35,000.00
Apartment (3 bedrooms) in City Centre 89,700.00 KSh 30,000.00-200,000.00
Apartment (3 bedrooms) Outside of Centre 43,027.27 KSh 24,000.00-90,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 18,397.93 KSh 11,148.27-50,006.58
Price per Square Feet to Buy Apartment Outside of Centre 8,179.00 KSh 4,645.11-15,793.39
Salaries And Financing
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Average Monthly Net Salary (After Tax) 51,306.66 KSh
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.44 10.00-16.00

These data are based on 474 entries in the past 18 months from 90 different contributors.
Last update: May 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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