Property Prices in Chilanga, Zambia

Find out actual data about & Safety Index in Chilanga, Zambia

Price to Income Ratio 26.01
Mortgage as Percentage of Income 561.06%
Loan Affordability Index 0.18
Price to Rent Ratio – City Centre 24.71
Price to Rent Ratio – Outside of Centre 46.06
Gross Rental Yield (City Centre) 4.05%
Gross Rental Yield (Outside of Centre) 2.17%
country data (source The World Bank, 2021)
GDP Per Capita ($) 3,470.00
GDP Growth Rate 3.40%
Population Growth Rate 2.93%

Rent Per Month in Zambia

Apartment (1 bedroom) in City Centre 262.01$ 153.11$ – 373.37$
Apartment (1 bedroom) Outside of Centre 161.83$ 78.96$ – 248.91$
Apartment (3 bedrooms) in City Centre 907.64$ 612.44$ – 1200$
Apartment (3 bedrooms) Outside of Centre 439.96$ 240$ – 750$

Buy Apartment Price in Zambia

Price per Square Meter to Buy Apartment in City Centre 2000$ 2000$ – 10763.91$
Price per Square Meter to Buy Apartment Outside of Centre 2000$ 2000$ – 39211.94$

Salaries And Financing in Zambia

Average Monthly Net Salary (After Tax) 384.44$ 0$ – 0$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 21.25$ 6.5$ – 30$

These data are based on 3434 entries in the past 10 months from 479 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 Chilanga in 2023 and 2024 Prediction

Housing costs are an important factor for quality of life in Chilanga. According to statistics, the average price per square meter of property in Chilanga is around 2000$
in the city center and 161$ in outskirts. Rental prices for a one-bedroom apartment in the city center average 262$ per month.
Property price growth has risen in recent years, making housing less affordable. Rental yields range from 5%.
While carrying some premium over national averages, overall housing in Chilanga remains mid-range compared to similar sized cities globally.
This increases disposable income and cost of living for residents.

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