Property Prices in Kigali, Rwanda

Index Info
Price to Income Ratio: 140.32
Mortgage as Percentage of Income: 2,598.78%
Loan Affordability Index: 0.04
Price to Rent Ratio - City Centre: 21.67
Price to Rent Ratio - Outside of Centre: 262.88
Gross Rental Yield (City Centre): 4.62%
Gross Rental Yield (Outside of Centre): 0.38%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 557,142.86 RF 300,000.00-1,250,000.00
Apartment (1 bedroom) Outside of Centre 423,003.89 RF 250,000.00-650,000.00
Apartment (3 bedrooms) in City Centre 1,107,744.24 RF 800,000.00-1,500,000.00
Apartment (3 bedrooms) Outside of Centre 610,679.77 RF 350,000.00-900,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 256,183.85 RF 139,353.40-897,636.14
Price per Square Feet to Buy Apartment Outside of Centre 2,053,140.10 RF 46,451.13-6,038,647.34
Salaries And Financing
Average Monthly Net Salary (After Tax) 442,857.14 RF
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 18.00 17.00-19.00

These data are based on 66 entries in the past 18 months from 11 different contributors.
Last update: May 2023

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

2 Comments so far
Anonymous on Jul 04, 2021:
Why is it cheaper to buy inside city than outside makes no sense
Daniel on Dec 12, 2019:
Surprising to see how out of reach property prices are in Kigali