|Rent Price||May||vs Last Month|
|Studio rentals||ZAR 9,066||N/A|
|1 bed rentals||ZAR 12,491||-23.1%|
|2 bed rentals||ZAR 16,250||-35.3%|
|3 bed rentals||ZAR 50,000||+92.3%|
|4+ bed rentals||ZAR 12,000||N/A|
Over the May 2022, the average rent for an apartment in/near Green Point, Cape Town, 8051, South Africa decreased by 29.7% to ZAR 15,387.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at ZAR 12,491 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you ZAR 16,250. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for ZAR 50,000. 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 12,000 for a big-family home.
|Rent Type Price||May||vs Last Month|
|Apartment rentals||ZAR 11,465||-47.6%|
|Townhouse rentals||ZAR 20,000||N/A|
|House rentals||ZAR 50,000||N/A|
Looking at the median rent price for an apartment in Green Point, Cape Town, 8051, South Africa, you can note that it remains flat with a price tag of ZAR 11,465. The median rent for a house is still ZAR 50,000 with no significant changes this month. Townhouse rent pricing didn’t change, the price still starts at ZAR 20,000.