Ethiopia House Prices, Rents & Rental Yields (2026)
How much property costs in Ethiopia, what it rents for and how that compares with neighbouring markets in Sub-Saharan Africa. City-centre prices per m² rank 1 of 5 in this comparison; gross yields rank 4 of 4.
Apartment price per m² (city centre)
$2,247
2023
Gross rental yield (city centre)
6.8%
2024
Price-to-income ratio
26.4
2023
Rent: 1-bedroom, city centre
$553/mo
2023
Mortgage interest rate (20-year fixed)
15.5%
2023
Price and rent trends in Ethiopia
Apartment price per m²
Monthly rents
Gross rental yield & mortgage rate
Price-to-income & price-to-rent ratios
Latest property market indicators
Indicator
Value
Year
Change
Source
Apartment price per m² (city centre)Average asking price per square metre to buy an apartment in city centres
$2,247
2023
+140.6% vs 2013
Numbeo
Price-to-income ratioMedian apartment price divided by median annual disposable family income
26.4
2023
+55.3% vs 2016
Numbeo
Gross rental yield (city centre)Annual rent as a percentage of purchase price, city-centre apartments
6.8%
2024
-4.1 pp vs 2023
Numbeo
Price-to-rent ratio (city centre)Purchase price divided by annual rent, city-centre apartments
14.6
2024
+60.4% vs 2023
Numbeo
Rent: 1-bedroom, city centreAverage monthly rent of a one-bedroom apartment in the city centre
$553/mo
2023
+46.0% vs 2019
Numbeo
Rent: 1-bedroom, outside centreAverage monthly rent of a one-bedroom apartment outside the centre
$308/mo
2023
+66.8% vs 2019
Numbeo
Rent: 3-bedroom, city centreAverage monthly rent of a three-bedroom apartment in the city centre
$1,605/mo
2023
+8.5% vs 2019
Numbeo
Rent: 3-bedroom, outside centreAverage monthly rent of a three-bedroom apartment outside the centre
