The average monthly rent of residential properties in South Africa was the highest in the Western Cape province in 2023. In the second quarter of the year, renters paid on average 9,730 South African rands per month. The North West was the most affordable province, with a monthly rent of less than 6,000 South African rands. Overall, rents in South Africa have been on the rise.
Average monthly rent of residential property in South Africa in 2nd quarter 2023, by province
(in South African rands)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
PayProp South Africa. (August 23, 2023). Average monthly rent of residential property in South Africa in 2nd quarter 2023, by province (in South African rands) [Graph]. In Statista. Retrieved December 24, 2024, from https://www.statista.com/statistics/1320433/residential-properties-rent-south-africa-by-province/
PayProp South Africa. "Average monthly rent of residential property in South Africa in 2nd quarter 2023, by province (in South African rands)." Chart. August 23, 2023. Statista. Accessed December 24, 2024. https://www.statista.com/statistics/1320433/residential-properties-rent-south-africa-by-province/
PayProp South Africa. (2023). Average monthly rent of residential property in South Africa in 2nd quarter 2023, by province (in South African rands). Statista. Statista Inc.. Accessed: December 24, 2024. https://www.statista.com/statistics/1320433/residential-properties-rent-south-africa-by-province/
PayProp South Africa. "Average Monthly Rent of Residential Property in South Africa in 2nd Quarter 2023, by Province (in South African Rands)." Statista, Statista Inc., 23 Aug 2023, https://www.statista.com/statistics/1320433/residential-properties-rent-south-africa-by-province/
PayProp South Africa, Average monthly rent of residential property in South Africa in 2nd quarter 2023, by province (in South African rands) Statista, https://www.statista.com/statistics/1320433/residential-properties-rent-south-africa-by-province/ (last visited December 24, 2024)
Average monthly rent of residential property in South Africa in 2nd quarter 2023, by province (in South African rands) [Graph], PayProp South Africa, August 23, 2023. [Online]. Available: https://www.statista.com/statistics/1320433/residential-properties-rent-south-africa-by-province/