Median rent for residential apartments in as of Mar, 2021.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
31 Observatory, Cape Town, 7925, South Africa apartments for rent
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Housing Trends
Observatory, Cape Town, 7925, South Africa Housing Trends
Average rent in Observatory: ZAR 10,653 (+14.9%)
| 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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