Property Prices in Monrovia, Liberia

Find out actual data about & Safety Index in Monrovia, Liberia

Price to Income Ratio 10.26
Mortgage as Percentage of Income 81.23%
Loan Affordability Index 1.23
Price to Rent Ratio – City Centre 25.71
Price to Rent Ratio – Outside of Centre 55.13
Gross Rental Yield (City Centre) 3.89%
Gross Rental Yield (Outside of Centre) 1.81%
country data (source The World Bank, 2021)
GDP Per Capita ($) 1,428.00
GDP Growth Rate 2.50%
Population Growth Rate 2.74%

Rent Per Month in Liberia

Apartment (1 bedroom) in City Centre 680.33$ 91$ – 1500$
Apartment (1 bedroom) Outside of Centre 158.33$ 75$ – 300$
Apartment (3 bedrooms) in City Centre 2069.33$ 207.99$ – 3000$
Apartment (3 bedrooms) Outside of Centre 483$ 182$ – 1000$

Buy Apartment Price in Liberia

Price per Square Meter to Buy Apartment in City Centre 5000$ 0$ – 0$
Price per Square Meter to Buy Apartment Outside of Centre 2500$ 0$ – 0$

Salaries And Financing in Liberia

Average Monthly Net Salary (After Tax) 1828$ 0$ – 0$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5$ 0$ – 0$

These data are based on 2490 entries in the past 35 months from 152 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 Monrovia in 2023 and 2024 Prediction

Housing costs are an important factor for quality of life in Monrovia. According to statistics, the average price per square meter of property in Monrovia is around 5000$
in the city center and 158$ in outskirts. Rental prices for a one-bedroom apartment in the city center average 680$ per month.
Property price growth has risen in recent years, making housing similarly affordable. Rental yields range from 3%.
While carrying some premium over national averages, overall housing in Monrovia remains mid-range compared to similar sized cities globally.
This reduces disposable income and cost of living for residents.

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