Property Prices in Tanzania

Index Info
Price to Income Ratio: 92.54
Mortgage as Percentage of Income: 1,573.22%
Loan Affordability Index: 0.06
Price to Rent Ratio - City Centre: 51.18
Price to Rent Ratio - Outside of Centre: 94.10
Gross Rental Yield (City Centre): 1.95%
Gross Rental Yield (Outside of Centre): 1.06%
Rent Per Month
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Apartment (1 bedroom) in City Centre 945,933.10 TSh 300,000.00-1,780,000.00
Apartment (1 bedroom) Outside of Centre 550,239.38 TSh 200,000.00-1,500,000.00
Apartment (3 bedrooms) in City Centre 1,943,419.79 TSh 700,000.00-4,034,200.32
Apartment (3 bedrooms) Outside of Centre 1,144,043.51 TSh 403,420.03-2,500,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,043,839.27 TSh 345,553.02-2,136,752.14
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) 630,000.00 TSh
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 16.34 10.00-20.00

These data are based on 135 entries in the past 18 months from 29 different contributors.
Last update: July 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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