Places To Rent In South Africa
Where is the cheapest place to rent in South Africa?
Cape Town is South Africa’s most affordable city to rent a home
- Cape Town became most affordable for renters, as workers spent 14.85 percent less of their salary on rent compared to 2018.
- In Johannesburg, residents spent 6.7 percent less of their salary on rental costs, meaning rent has become cheaper in relative terms.
How much does it cost to rent in South Africa?
The average monthly rent of residential properties increased across all provinces in South Africa in 2021, except for the Free State and Gauteng. In the final quarter of the year, the national average rent stood at approximately 7,900 South African rands.
How much is a one-bedroom in Cape Town South Africa?
On average, 1-bed apartments for rent in/near Cape Town, South Africa increased by 37.6% over October in 2023, reaching ZAR 14,490. Throughout October 2023, the average monthly rent for apartments in/near Cape Town, South Africa increased by 95.9% to ZAR 27,875.
How much salary is enough to live in South Africa?
However, according to data from Numbeo, a salary of R30,000 or more per month is considered to be good. This income would allow you to live comfortably in a major city like Johannesburg or Cape Town and have some money left to save or invest.
How much is the monthly rent in Cape Town?
A one-bedroom apartment in the heart of Cape Town is likely to cost R7 000 to R9 000 in rent, and a two-bedroom unit can range from R13 000 to R20 000 per month.
How much does a small house cost in South Africa?
According to briefly.co.za, the average cost, as of 2022, is R10 000 to R20 000 per square meter.