|Rent Price||Jul||vs Last Month|
|1 bed apartments||ZAR 7,340||-22.5%|
|2 bed apartments||ZAR 12,240||-2.4%|
|3 bed apartments||ZAR 23,426||-36.1%|
|4+ bed apartments||ZAR 9,075||+390.5%|
Over the Jul 2020, the average rent for an apartment in/near Johannesburg, South Africa decreased by 22.5% to 12.916 ZAR.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 22.5% to 7.340 ZAR. Pricing for 2-bed apartment also decreased by 2.4% and a place of this size will now cost you 12.240 ZAR. 3-bed apartment rent pricing starts at 23.426 ZAR, it decreased by 36.1% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 390.5% and made it up to 9.075 ZAR.
|Rent Type Price||Jul||vs Last Month|
|House rentals||ZAR 18,104||-15.1%|
|Apartment rentals||ZAR 7,067||-2.4%|
|Townhouse rentals||ZAR 12,800||+60%|
The median rent for an apartment in Johannesburg, South Africa decreased by 2.4% to 7.067 ZAR. Statistics show that house rent price decreased by 15.1% this month making it up to 18.104 ZAR. The median rent for a townhouse increased by 60%, you’ll have to spend around 12.800 ZAR to get one.