Africa: Property Prices Index by City 2023

Chart: Price to Income Ratio
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Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Addis Ababa, Ethiopia 31.5 10.2 6.6 9.8 15.2 541.7 0.2
Algiers, Algeria 25.6 3.0 2.7 33.3 37.6 236.9 0.4
Rabat, Morocco 19.0 4.7 5.2 21.1 19.3 143.9 0.7
Casablanca, Morocco 15.3 5.1 5.7 19.7 17.6 120.9 0.8
Tunis, Tunisia 15.2 5.4 5.1 18.7 19.6 204.9 0.5
Alexandria, Egypt 15.2 4.9 7.9 20.6 12.7 211.3 0.5
Tripoli, Libya 14.9 4.3 7.2 23.5 13.9 242.1 0.4
Marrakech, Morocco 13.5 6.9 5.9 14.4 16.9 111.6 0.9
Nairobi, Kenya 13.0 5.9 7.5 17.0 13.4 176.3 0.6
Lagos, Nigeria 12.2 61.8 72.6 1.6 1.4 220.4 0.5
Cairo, Egypt 11.9 7.8 7.1 12.8 14.0 156.0 0.6
Cape Town, South Africa 6.9 7.6 7.4 13.2 13.5 72.3 1.4
Durban, South Africa 3.4 12.3 8.4 8.1 12.0 35.8 2.8
Johannesburg, South Africa 2.4 11.9 12.6 8.4 8.0 26.3 3.8
Pretoria, South Africa 1.9 17.5 12.7 5.7 7.9 20.7 4.8