Property Prices in Zambia

Index Info
Price to Income Ratio: 72.42
Mortgage as Percentage of Income: 1,562.09%
Loan Affordability Index: 0.06
Price to Rent Ratio - City Centre: 25.8
Price to Rent Ratio - Outside of Centre: 124.48
Gross Rental Yield (City Centre): 3.88%
Gross Rental Yield (Outside of Centre): 0.8%
Rent Per Month
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Apartment (1 bedroom) in City Centre 240.91 $ 153.11-373.37
Apartment (1 bedroom) Outside of Centre 114.96 $ 76.59-180.0
Apartment (3 bedrooms) in City Centre 891.3 $ 500.0-2,000.0
Apartment (3 bedrooms) Outside of Centre 679.8 $ 268.32-1,500.0
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 185.8 $ 185.8-999.99
Price per Square Feet to Buy Apartment Outside of Centre 588.36 $ 185.8-1,505.3
Salaries And Financing
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Average Monthly Net Salary (After Tax) 287.66 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 21.25 6.5-30.0

These data are based on 64 entries in the past 18 months from 12 different contributors.
Last update: October 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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