Property Prices in Rwanda

Index Info
Price to Income Ratio: 191.28
Mortgage as Percentage of Income: 3,456.30%
Loan Affordability Index: 0.03
Price to Rent Ratio - City Centre: 25.10
Price to Rent Ratio - Outside of Centre: 419.10
Gross Rental Yield (City Centre): 3.98%
Gross Rental Yield (Outside of Centre): 0.24%
Rent Per Month
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Apartment (1 bedroom) in City Centre 454,587.05 RF 300,000.00-974,310.20
Apartment (1 bedroom) Outside of Centre 292,661.06 RF 200,000.00-541,283.45
Apartment (3 bedrooms) in City Centre 1,250,669.86 RF 800,000.00-1,755,608.78
Apartment (3 bedrooms) Outside of Centre 650,974.60 RF 350,000.00-1,000,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 286,248.79 RF 139,353.40-866,046.31
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) 427,142.86 RF
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 17.51 11.00-19.00

These data are based on 80 entries in the past 18 months from 14 different contributors.
Last update: January 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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