|Rent Price||Aug||vs Last Month|
|Studio rentals||ZAR 3,469||-36.4%|
|1 bed rentals||ZAR 5,687||-29.2%|
|2 bed rentals||ZAR 8,807||-18.3%|
|3 bed rentals||ZAR 15,272||+13.1%|
|4+ bed rentals||ZAR 35,187||+57.2%|
Over the Aug 2022, the average rent for an apartment in/near Johannesburg, South Africa decreased by 3.5% to ZAR 11,088.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 29.2% to ZAR 5,687. Pricing for 2-bed apartment also decreased by 18.3% and a place of this size will now cost you ZAR 8,807. 3-bed apartment rent pricing starts at ZAR 15,272, it increased by 13.1% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 57.2% and made it up to ZAR 35,187.
|Rent Type Price||Aug||vs Last Month|
|Apartment rentals||ZAR 9,220||-19.6%|
|Townhouse rentals||ZAR 11,990||-5.6%|
|House rentals||ZAR 19,402||+44.9%|
|Room rentals||ZAR 3,523||N/A|
The median rent for an apartment in Johannesburg, South Africa decreased by 19.6% to ZAR 9,220. Statistics show that house rent price increased by 44.9% this month making it up to ZAR 19,402. If you’re looking for a room, the price tag still starts at ZAR 3,523. The median price did not change this time. The median rent for a townhouse decreased by 5.6%, you’ll have to spend around ZAR 11,990 to get one.