Over the Jan 2023, the average rent for an apartment in/near Johannesburg, South Africa increased by 27.9% to ZAR 11,927.
Compared to the last month, the average price for a rental studio in Johannesburg, South Africa has decreased by 2.7%. You can expect to rent the studio for ZAR 4,011 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 0.6% to ZAR 6,108. Pricing for 2-bed apartment also increased by 9.3% and a place of this size will now cost you ZAR 10,047. 3-bed apartment rent pricing starts at ZAR 15,534, it increased by 8.5% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 138.9% and made it up to ZAR 56,430.
The median rent for an apartment in Johannesburg, South Africa increased by 41.5% to ZAR 11,717. Statistics show that house rent price increased by 7.4% this month making it up to ZAR 12,850. The median rent for a townhouse increased by 6.7%, you’ll have to spend around ZAR 12,142 to get one.