Property Prices in Tanzania

Index Info
Price to Income Ratio: 220.78
Mortgage as Percentage of Income: 3,326.70%
Loan Affordability Index: 0.03
Price to Rent Ratio - City Centre: 167.25
Price to Rent Ratio - Outside of Centre: 210.76
Gross Rental Yield (City Centre): 0.60%
Gross Rental Yield (Outside of Centre): 0.47%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,039,652.77 TSh 300,000.00-2,689,840.68
Apartment (1 bedroom) Outside of Centre 454,253.95 TSh 250,000.00-1,000,000.00
Apartment (3 bedrooms) in City Centre 1,987,044.56 TSh 537,968.14-4,841,713.23
Apartment (3 bedrooms) Outside of Centre 935,124.05 TSh 300,000.00-2,689,840.68
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,622,463.83 TSh 232,255.67-9,290,226.68
Price per Square Feet to Buy Apartment Outside of Centre 2,065,988.58 TSh 1,344,909.15-2,787,068.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 693,333.33 TSh
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.17 12.00-18.00

These data are based on 83 entries from 16 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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