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.