Property Prices in Kenya

Index Info
Price to Income Ratio: 18.31
Mortgage as Percentage of Income: 264.14%
Loan Affordability Index: 0.38
Price to Rent Ratio - City Centre: 15.38
Price to Rent Ratio - Outside of Centre: 40.17
Gross Rental Yield (City Centre): 6.50%
Gross Rental Yield (Outside of Centre): 2.49%
Rent Per Month
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Apartment (1 bedroom) in City Centre 36,722.50 KSh 15,000.00-110,000.00
Apartment (1 bedroom) Outside of Centre 17,392.86 KSh 10,000.00-39,000.00
Apartment (3 bedrooms) in City Centre 117,491.07 KSh 45,000.00-250,000.00
Apartment (3 bedrooms) Outside of Centre 43,600.00 KSh 25,000.00-100,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 15,457.67 KSh 9,290.23-46,451.13
Price per Square Feet to Buy Apartment Outside of Centre 16,664.73 KSh 8,361.20-32,515.79
Salaries And Financing
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Average Monthly Net Salary (After Tax) 47,205.13 KSh
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.43 10.90-18.00

These data are based on 373 entries in the past 18 months from 64 different contributors.
Last update: November 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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