Property Prices in Burkina Faso 2023

Index
Price to Income Ratio 2.96
Mortgage as Percentage of Income 21.69
Loan Affordability Index 6.08
Price to Rent Ratio – City Centre 2.57
Price to Rent Ratio – Outside of Centre 6.66
Gross Rental Yield (City Centre) 31
Gross Rental Yield (Outside of Centre) 25.34
country data (source The World Bank, 2021) 2
GDP Per Capita ($) 3
GDP Growth Rate 3.4
Population Growth Rate 3.58

Rent Per Month in Burkina Faso

Apartment (1 bedroom) in City Centre 423.43$ 337.35$ – 507.52$
Apartment (1 bedroom) Outside of Centre 214.02$ 52.45$ – 337.35$
Apartment (3 bedrooms) in City Centre 505.52$ 169.17$ – 675.69$
Apartment (3 bedrooms) Outside of Centre 400.01$ 101.9$ – 589.61$

Buy Apartment Price in Burkina Faso

Price per Square Meter to Buy Apartment in City Centre 281.49$ 223.63$ – 338.35$
Price per Square Meter to Buy Apartment Outside of Centre 173.88$ 112.31$ – 237.44$

Salaries And Financing in Burkina Faso

Average Monthly Net Salary (After Tax) 577.29$ 1$ – 2$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5$ 3$ – 3$

These data are based on 2452 entries in the past 24 months from 315 different contributors.

Last update: August 2023

Our data for each country is based on all entries from all cities in that country.

Property Prices in Burkina Faso – 2023 Stats & 2024 Forecast

Housing costs are an important factor to consider for quality of life. Property and rental prices in Burkina Faso are generally expensive compared to global standards.
According to statistics from respective sources, the average price per square meter of a property in a major city center is around 223$ – 338$ and 112$ – 237$ outside urban areas. Rental prices for a one-bedroom apartment in a city center average 423.43$ per month.

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Property Prices Rates & Safety Index in Burkina Faso