Property Prices in Kenya

Index Info
Price to Income Ratio: 13.39
Mortgage as Percentage of Income: 187.87%
Loan Affordability Index: 0.53
Price to Rent Ratio - City Centre: 13.72
Price to Rent Ratio - Outside of Centre: 24.60
Gross Rental Yield (City Centre): 7.29%
Gross Rental Yield (Outside of Centre): 4.07%
Rent Per Month
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Apartment (1 bedroom) in City Centre 38,496.15 KSh 15,000.00-100,000.00
Apartment (1 bedroom) Outside of Centre 18,537.50 KSh 10,000.00-45,000.00
Apartment (3 bedrooms) in City Centre 117,368.42 KSh 45,000.00-250,000.00
Apartment (3 bedrooms) Outside of Centre 45,648.65 KSh 25,000.00-130,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 14,051.47 KSh 9,290.23-18,580.45
Price per Square Feet to Buy Apartment Outside of Centre 10,774.36 KSh 5,574.14-20,078.85
Salaries And Financing
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Average Monthly Net Salary (After Tax) 49,897.04 KSh
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.97 10.00-16.00

These data are based on 353 entries in the past 18 months from 61 different contributors.
Last update: July 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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