Median rent for residential apartments in as of Mar, 2021.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
4,428 Cape Town, South Africa apartments for rent
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Housing Trends
Cape Town, South Africa Housing Trends
Average rent in Cape Town: ZAR 123,772 (+429.5%)
| Rent Price | Mar | vs Last Month |
|---|---|---|
| 1 bed apartments | ZAR 30,275 | +78.8% |
| 2 bed apartments | ZAR 103,743 | +417.9% |
| 3 bed apartments | ZAR 176,078 | +313.7% |
| 4+ bed apartments | ZAR 371,581 | +1261.9% |
Over the Mar 2021, the average rent for an apartment in/near Cape Town, South Africa increased by 429.5% to 123.772 ZAR.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at 30.275 ZAR with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you 103.743 ZAR. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for 176.078 ZAR. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around 371.581 ZAR for a big-family home.
| Rent Type Price | Mar | vs Last Month |
|---|---|---|
| Apartment rentals | ZAR 91,834 | +267.9% |
| Townhouse rentals | ZAR 28,750 | N/A |
| Room rentals | ZAR 14,279 | +25% |
| House rentals | ZAR 202,615 | +626.2% |
Looking at the median rent price for an apartment in Cape Town, South Africa, you can note that it remains flat with a price tag of 91.834 ZAR. The median rent for a house is still 202.615 ZAR with no significant changes this month. If you’re looking for a room, the price tag still starts at 14.279 ZAR. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at 28.750 ZAR.
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