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|Rent Price||Sep||vs Last Month|
|1 bed apartments||ZAR 6,123||-2.2%|
|2 bed apartments||ZAR 7,286||+1.9%|
|3 bed apartments||ZAR 14,242||-9.8%|
|4+ bed apartments||ZAR 12,109||-25.3%|
Over the Sep 2020, the average rent for an apartment in/near Midrand, South Africa decreased by 18.1% to 8.222 ZAR.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 2.2% to 6.123 ZAR. Pricing for 2-bed apartment also increased by 1.9% and a place of this size will now cost you 7.286 ZAR. 3-bed apartment rent pricing starts at 14.242 ZAR, it decreased by 9.8% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 25.3% and made it down to 12.109 ZAR.
|Rent Type Price||Sep||vs Last Month|
|Apartment rentals||ZAR 7,722||-13.1%|
|House rentals||ZAR 10,271||-25%|
|Townhouse rentals||ZAR 9,170||-22%|
The median rent for an apartment in Midrand, South Africa decreased by 13.1% to 7.722 ZAR. Statistics show that house rent price decreased by 25% this month making it up to 10.271 ZAR. The median rent for a townhouse decreased by 22%, you’ll have to spend around 9.170 ZAR to get one.