Property Prices in Namibia

Index Info
Price to Income Ratio: 3.35
Mortgage as Percentage of Income: 42.00%
Loan Affordability Index: 2.38
Price to Rent Ratio - City Centre: 6.56
Price to Rent Ratio - Outside of Centre: 5.93
Gross Rental Yield (City Centre): 15.25%
Gross Rental Yield (Outside of Centre): 16.86%
Rent Per Month
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Apartment (1 bedroom) in City Centre 7,369.23 N$ 5,000.00-10,000.00
Apartment (1 bedroom) Outside of Centre 5,931.34 N$ 4,000.00-10,000.00
Apartment (3 bedrooms) in City Centre 18,038.46 N$ 9,500.00-25,000.00
Apartment (3 bedrooms) Outside of Centre 14,462.50 N$ 7,400.00-25,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,137.90 N$ 789.67-3,716.09
Price per Square Feet to Buy Apartment Outside of Centre 826.83 N$ 557.41-1,858.05
Salaries And Financing
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Average Monthly Net Salary (After Tax) 15,762.91 N$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.17 8.00-15.00

These data are based on 119 entries from 23 contributors over the past 18 months.
Last update: April 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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