The average monthly rent of residential properties in South Africa increased by nearly 600 South African rands between 2020 and 2023. In the second quarter of 2023, the average monthly rent stood at 8,375 South African Rands. Furthermore, rents varied across different provinces, with the Western Cape, KwaZulu Natal, and Gauteng having the most expensive rents.
Average monthly rent of residential property in South Africa from 1st quarter 2020 and 2nd quarter 2023
(in South African rands)
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Monthly rent in South African rands
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PayProp South Africa. (August 23, 2023). Average monthly rent of residential property in South Africa from 1st quarter 2020 and 2nd quarter 2023 (in South African rands) [Graph]. In Statista. Retrieved September 12, 2024, from https://www.statista.com/statistics/1320456/residential-properties-rent-south-africa-by-province/
PayProp South Africa. "Average monthly rent of residential property in South Africa from 1st quarter 2020 and 2nd quarter 2023 (in South African rands)." Chart. August 23, 2023. Statista. Accessed September 12, 2024. https://www.statista.com/statistics/1320456/residential-properties-rent-south-africa-by-province/
PayProp South Africa. (2023). Average monthly rent of residential property in South Africa from 1st quarter 2020 and 2nd quarter 2023 (in South African rands). Statista. Statista Inc.. Accessed: September 12, 2024. https://www.statista.com/statistics/1320456/residential-properties-rent-south-africa-by-province/
PayProp South Africa. "Average Monthly Rent of Residential Property in South Africa from 1st Quarter 2020 and 2nd Quarter 2023 (in South African Rands)." Statista, Statista Inc., 23 Aug 2023, https://www.statista.com/statistics/1320456/residential-properties-rent-south-africa-by-province/
PayProp South Africa, Average monthly rent of residential property in South Africa from 1st quarter 2020 and 2nd quarter 2023 (in South African rands) Statista, https://www.statista.com/statistics/1320456/residential-properties-rent-south-africa-by-province/ (last visited September 12, 2024)
Average monthly rent of residential property in South Africa from 1st quarter 2020 and 2nd quarter 2023 (in South African rands) [Graph], PayProp South Africa, August 23, 2023. [Online]. Available: https://www.statista.com/statistics/1320456/residential-properties-rent-south-africa-by-province/
