Property Prices in Kigali, Rwanda

Index Info
Price to Income Ratio: 46.85
Mortgage as Percentage of Income: 790.58%
Loan Affordability Index: 0.13
Price to Rent Ratio - City Centre: 14.98
Price to Rent Ratio - Outside of Centre: 30.81
Gross Rental Yield (City Centre): 6.68%
Gross Rental Yield (Outside of Centre): 3.25%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 1,064,281.27 RF 800,000.00-1,189,728.00
1 Bedroom Apartment Outside of City Centre 610,533.65 RF 400,000.00-729,000.00
3 Bedroom Apartment in City Centre 2,106,458.07 RF 1,500,000.00-2,540,639.19
3 Bedroom Apartment Outside of City Centre 1,288,645.66 RF 1,000,000.00-1,500,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 337,645.03 RF 251,797.51-728,993.93
Price per Square Feet to Buy Apartment Outside of Centre 410,948.10 RF 92,902.27-728,993.93
Salaries And Financing
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Average Monthly Net Salary (After Tax) 430,000.00 RF
Annual Mortgage Interest Rate (20-Year Fixed, in %) 16.20 8.00-18.00

These data are based on 61 entries from 10 contributors over the past 18 months.
Last update: 25 February 2026

Sources and References
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1 Comments so far
Anonymous on Jul 04, 2021:
Why is it cheaper to buy inside city than outside makes no sense