Property Prices in Ethiopia

Index Info
Price to Income Ratio: 49.40
Mortgage as Percentage of Income: 899.72%
Loan Affordability Index: 0.11
Price to Rent Ratio - City Centre: 14.66
Price to Rent Ratio - Outside of Centre: 15.21
Gross Rental Yield (City Centre): 6.82%
Gross Rental Yield (Outside of Centre): 6.58%
Rent Per Month
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Apartment (1 bedroom) in City Centre 649.72 $ 267.00-1,500.00
Apartment (1 bedroom) Outside of Centre 359.88 $ 150.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,631.50 $ 900.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 932.76 $ 565.35-1,200.00
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre 2,448.30 $ 1,947.00-3,607.00
Price per Square Meter to Buy Apartment Outside of Centre 1,430.50 $ 800.00-2,901.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 196.29 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 17.67 11.00-20.00

These data are based on 101 entries from 16 contributors over the past 18 months.
Last update: 3 July 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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