Property Prices in Tanzania

Index Info
Price to Income Ratio: 96.16
Mortgage as Percentage of Income: 1,638.83%
Loan Affordability Index: 0.06
Price to Rent Ratio - City Centre: 54.69
Price to Rent Ratio - Outside of Centre: 92.85
Gross Rental Yield (City Centre): 1.83%
Gross Rental Yield (Outside of Centre): 1.08%
Rent Per Month
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Apartment (1 bedroom) in City Centre 852,042.23 TSh 300,000.00-1,780,000.00
Apartment (1 bedroom) Outside of Centre 522,241.96 TSh 200,000.00-1,031,455.49
Apartment (3 bedrooms) in City Centre 1,874,597.89 TSh 700,000.00-3,867,958.08
Apartment (3 bedrooms) Outside of Centre 1,237,185.84 TSh 450,000.00-2,100,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,039,092.73 TSh 331,313.39-2,136,752.14
Price per Square Feet to Buy Apartment Outside of Centre 1,122,743.25 TSh 209,552.68-1,858,045.34
Salaries And Financing
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Average Monthly Net Salary (After Tax) 605,000.00 TSh
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 16.39 10.00-20.00

These data are based on 143 entries in the past 18 months from 30 different contributors.
Last update: March 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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