About one-third of residential properties for rent in South Africa had a monthly rent ranging between 5,000 and 7,000 South African rands in the fourth quarter of 2021. Meanwhile, approximately eight percent of residential had monthly rent exceeding 15,000 South African rands. During the same period, the national average rent was approximately 7,900 but this figure varied greatly across different provinces.
Distribution of residential properties for rent in South Africa in 4th quarter 2021, by monthly rent
Characteristic
Share of rental properties
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PayProp South Africa. (February 24, 2022). Distribution of residential properties for rent in South Africa in 4th quarter 2021, by monthly rent [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1320197/residential-properties-rent-south-africa/
PayProp South Africa. "Distribution of residential properties for rent in South Africa in 4th quarter 2021, by monthly rent." Chart. February 24, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1320197/residential-properties-rent-south-africa/
PayProp South Africa. (2022). Distribution of residential properties for rent in South Africa in 4th quarter 2021, by monthly rent. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1320197/residential-properties-rent-south-africa/
PayProp South Africa. "Distribution of Residential Properties for Rent in South Africa in 4th Quarter 2021, by Monthly Rent." Statista, Statista Inc., 24 Feb 2022, https://www.statista.com/statistics/1320197/residential-properties-rent-south-africa/
PayProp South Africa, Distribution of residential properties for rent in South Africa in 4th quarter 2021, by monthly rent Statista, https://www.statista.com/statistics/1320197/residential-properties-rent-south-africa/ (last visited July 22, 2024)
Distribution of residential properties for rent in South Africa in 4th quarter 2021, by monthly rent [Graph], PayProp South Africa, February 24, 2022. [Online]. Available: https://www.statista.com/statistics/1320197/residential-properties-rent-south-africa/