Property Prices in Rwanda

Index Info
Price to Income Ratio: 317.68
Mortgage as Percentage of Income: 5,669.09%
Loan Affordability Index: 0.02
Price to Rent Ratio - City Centre: 144.34
Price to Rent Ratio - Outside of Centre: 384.54
Gross Rental Yield (City Centre): 0.69%
Gross Rental Yield (Outside of Centre): 0.26%
Rent Per Month
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Apartment (1 bedroom) in City Centre 550,000.00 RF 300,000.00-1,250,000.00
Apartment (1 bedroom) Outside of Centre 333,334.17 RF 200,005.00-650,000.00
Apartment (3 bedrooms) in City Centre 942,857.14 RF 500,000.00-1,500,000.00
Apartment (3 bedrooms) Outside of Centre 506,250.00 RF 350,000.00-900,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,574,711.01 RF 251,797.51-4,645,113.34
Price per Square Feet to Buy Apartment Outside of Centre 2,415,458.94 RF 1,393,534.00-3,716,090.67
Salaries And Financing
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Average Monthly Net Salary (After Tax) 338,000.00 RF
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 17.27 16.00-18.00

These data are based on 64 entries in the past 18 months from 11 different contributors.
Last update: February 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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