Property Prices in Rwanda

Index Info
Price to Income Ratio: 188.13
Mortgage as Percentage of Income: 3,472.45%
Loan Affordability Index: 0.03
Price to Rent Ratio - City Centre: 24.58
Price to Rent Ratio - Outside of Centre: 384.54
Gross Rental Yield (City Centre): 4.07%
Gross Rental Yield (Outside of Centre): 0.26%
Rent Per Month
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Apartment (1 bedroom) in City Centre 431,250.00 RF 300,000.00-1,250,000.00
Apartment (1 bedroom) Outside of Centre 395,129.03 RF 200,005.00-650,000.00
Apartment (3 bedrooms) in City Centre 1,107,744.24 RF 800,000.00-1,500,000.00
Apartment (3 bedrooms) Outside of Centre 541,929.77 RF 350,000.00-900,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 256,183.85 RF 139,353.40-897,636.14
Price per Square Feet to Buy Apartment Outside of Centre 2,749,907.10 RF 74,321.81-6,038,647.34
Salaries And Financing
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Average Monthly Net Salary (After Tax) 430,000.00 RF
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 17.93 17.00-19.00

These data are based on 74 entries in the past 18 months from 12 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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