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)
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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 November 22, 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 November 22, 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: November 22, 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 November 22, 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/
