Median rent for residential apartment in Cape Town, South Africa as of Aug, 2022.
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.
2,050 Cape Town, South Africa apartments for rent
Housing Trends
How much is an apartment in Cape Town, South Africa
Average rent in Cape Town: ZAR 22,285 (-18%)
| Rent Price | Aug | vs Last Month |
|---|---|---|
| Studio rentals | ZAR 8,612 | -14.6% |
| 1 bed rentals | ZAR 9,231 | -22.2% |
| 2 bed rentals | ZAR 17,968 | -8.7% |
| 3 bed rentals | ZAR 31,699 | -8.6% |
| 4+ bed rentals | ZAR 67,800 | -8% |
Over the Aug 2022, the average rent for an apartment in/near Cape Town, South Africa decreased by 18% to ZAR 22,285.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 22.2% to ZAR 9,231. Pricing for 2-bed apartment also decreased by 8.7% and a place of this size will now cost you ZAR 17,968. 3-bed apartment rent pricing starts at ZAR 31,699, it decreased by 8.6% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 8% and made it down to ZAR 67,800.
| Rent Type Price | Aug | vs Last Month |
|---|---|---|
| Apartment rentals | ZAR 21,789 | -19.8% |
| Townhouse rentals | ZAR 18,485 | +17% |
| House rentals | ZAR 26,283 | -9.6% |
The median rent for an apartment in Cape Town, South Africa decreased by 19.8% to ZAR 21,789. Statistics show that house rent price decreased by 9.6% this month making it up to ZAR 26,283. The median rent for a townhouse increased by 17%, you’ll have to spend around ZAR 18,485 to get one.