Property Prices in Tanzania

Index
Price to Income Ratio:	30.50
Mortgage as Percentage of Income:	612.15%
Loan Affordability Index:	0.16
Price to Rent Ratio - City Centre:	23.93
Price to Rent Ratio - Outside of Centre:	12.34
Gross Rental Yield (City Centre):	4.18%
Gross Rental Yield (Outside of Centre):	8.10%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	811,717.16 TSh	400,000.00-1,623,300.00
Apartment (1 bedroom) Outside of Centre	708,911.54 TSh	300,000.00-1,500,000.00
Apartment (3 bedrooms) in City Centre	1,717,064.29 TSh	927,600.00-3,478,500.00
Apartment (3 bedrooms) Outside of Centre	1,563,521.43 TSh	890,000.00-2,500,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	424,799.10 TSh	183,124.30-1,114,827.20
Price per Square Feet to Buy Apartment Outside of Centre	195,322.37 TSh	140,036.23-278,706.80
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	547,185.91 TSh
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	19.67	17.83-21.00

These data are based on 117 entries in the past 18 months from 26 different contributors.
Last update: June 2021
Our data for each country are based on all entries from all cities in that country.

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