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|Rent Price||Mar||vs Last Month|
|1 bed apartments||ZAR 7,333||N/A|
|2 bed apartments||ZAR 10,653||-8.4%|
|3 bed apartments||ZAR 12,500||N/A|
|4+ bed apartments||ZAR 7,483||N/A|
Over the Mar 2021, the average rent for an apartment in/near Observatory, Cape Town, 7925, South Africa increased by 14.9% to 10.653 ZAR.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at 7.333 ZAR with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you 10.653 ZAR. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for 12.500 ZAR. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around 7.483 ZAR for a big-family home.
|Rent Type Price||Mar||vs Last Month|
|Apartment rentals||ZAR 9,576||N/A|
|House rentals||ZAR 10,653||+20.9%|
Looking at the median rent price for an apartment in Observatory, Cape Town, 7925, South Africa, you can note that it remains flat with a price tag of 9.576 ZAR. The median rent for a house is still 10.653 ZAR with no significant changes this month.
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