Property Prices in Ouagadougou, Burkina Faso

Find out actual data about & Safety Index in Ouagadougou, Burkina Faso

Price to Income Ratio 1.96
Mortgage as Percentage of Income 19.69%
Loan Affordability Index 5.08
Price to Rent Ratio – City Centre 3.57
Price to Rent Ratio – Outside of Centre 3.66
Gross Rental Yield (City Centre) 28.00%
Gross Rental Yield (Outside of Centre) 27.34%
country data (source The World Bank, 2021)
GDP Per Capita ($) 2,178.00
GDP Growth Rate 6.40%
Population Growth Rate 2.58%

Rent Per Month in Burkina Faso

Apartment (1 bedroom) in City Centre 420.43$ 336.35$ – 504.52$
Apartment (1 bedroom) Outside of Centre 213.02$ 50.45$ – 336.35$
Apartment (3 bedrooms) in City Centre 504.52$ 168.17$ – 672.69$
Apartment (3 bedrooms) Outside of Centre 398.01$ 100.9$ – 588.61$

Buy Apartment Price in Burkina Faso

Price per Square Meter to Buy Apartment in City Centre 278.49$ 220.63$ – 336.35$
Price per Square Meter to Buy Apartment Outside of Centre 172.88$ 110.31$ – 235.44$

Salaries And Financing in Burkina Faso

Average Monthly Net Salary (After Tax) 575.29$ 0$ – 0$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8$ 0$ – 0$

These data are based on 2966 entries in the past 28 months from 205 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 Ouagadougou in 2023 and 2024 Prediction

Housing costs are an important factor for quality of life in Ouagadougou. According to statistics, the average price per square meter of property in Ouagadougou is around 278$
in the city center and 213$ in outskirts. Rental prices for a one-bedroom apartment in the city center average 420$ per month.
Property price growth has risen in recent years, making housing similarly affordable. Rental yields range from 4%.
While carrying some premium over national averages, overall housing in Ouagadougou remains mid-range compared to similar sized cities globally.
This increases disposable income and cost of living for residents.

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Property Prices Rates & Safety Index in Burkina Faso

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