|Rent Price||May||vs Last Month|
|Studio rentals||ZAR 124,385||N/A|
|1 bed rentals||ZAR 5,738||-4.9%|
|2 bed rentals||ZAR 7,848||-5.8%|
|3 bed rentals||ZAR 11,576||-2.4%|
|4+ bed rentals||ZAR 12,163||+16.1%|
Over the May 2022, the average rent for an apartment in/near Durban, South Africa increased by 405.8% to ZAR 43,026.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at ZAR 5,738 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you ZAR 7,848. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for ZAR 11,576. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around ZAR 12,163 for a big-family home.
|Rent Type Price||May||vs Last Month|
|Apartment rentals||ZAR 7,704||-8.3%|
|Townhouse rentals||ZAR 10,137||+9.6%|
|House rentals||ZAR 9,423||+7.9%|
|Other rentals||ZAR 114,959||N/A|
|Land rentals||ZAR 44,256||N/A|
Looking at the median rent price for an apartment in Durban, South Africa, you can note that it remains flat with a price tag of ZAR 7,704. The median rent for a house is still ZAR 9,423 with no significant changes this month. Townhouse rent pricing didn’t change, the price still starts at ZAR 10,137.