Property Prices in Harare, Zimbabwe

Find out actual data about & Safety Index in Harare, Zimbabwe

Price to Income Ratio 21.12
Mortgage as Percentage of Income 325.74%
Loan Affordability Index 0.31
Price to Rent Ratio – City Centre 16.60
Price to Rent Ratio – Outside of Centre 17.67
Gross Rental Yield (City Centre) 6.03%
Gross Rental Yield (Outside of Centre) 5.66%
country data (source The World Bank, 2021)
GDP Per Capita ($) 2,836.00
GDP Growth Rate 3.70%
Population Growth Rate 1.94%

Rent Per Month in Zimbabwe

Apartment (1 bedroom) in City Centre 275$ 200$ – 500$
Apartment (1 bedroom) Outside of Centre 273.85$ 150$ – 450$
Apartment (3 bedrooms) in City Centre 826.67$ 500$ – 1700$
Apartment (3 bedrooms) Outside of Centre 642.31$ 350$ – 1200$

Buy Apartment Price in Zimbabwe

Price per Square Meter to Buy Apartment in City Centre 1296.07$ 900$ – 2000$
Price per Square Meter to Buy Apartment Outside of Centre 1200$ 800$ – 1500$

Salaries And Financing in Zimbabwe

Average Monthly Net Salary (After Tax) 295.45$ 0$ – 0$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.57$ 10$ – 17$

These data are based on 2115 entries in the past 15 months from 53 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 Harare in 2023 and 2024 Prediction

Housing costs are an important factor for quality of life in Harare. According to statistics, the average price per square meter of property in Harare is around 1296$
in the city center and 273$ in outskirts. Rental prices for a one-bedroom apartment in the city center average 275$ per month.
Property price growth has risen in recent years, making housing similarly affordable. Rental yields range from 5%.
While carrying some premium over national averages, overall housing in Harare remains reasonably priced compared to similar sized cities globally.
This increases disposable income and cost of living for residents.

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