Rent Price |
May | vs Last Month |
---|---|---|
1-bed apartments | ZAR 7,498 | +4.3% |
2-bed apartments | ZAR 9,075 | +7.8% |
3-bed apartments | ZAR 16,080 | +15.6% |
4+ bed apartments | ZAR 34,112 | -23.2% |
Over the May 2023, the average rent for an apartment in/near Parow, Cape Town, South Africa increased by 36.7% to ZAR 15,954.
The average price for a rental studio in Parow, Cape Town, South Africa has remained the same as last month and equals ZAR 5,250. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 4.3% to ZAR 7,498. Pricing for 2-bed apartment also increased by 7.8% and a place of this size will now cost you ZAR 9,075. 3-bed apartment rent pricing starts at ZAR 16,080, it increased by 15.6% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 23.2% and made it down to ZAR 34,112.
Rent Type Price |
May | vs Last Month |
---|---|---|
Houses for rent | ZAR 24,786 | +19.2% |
Townhouses for rent | ZAR 10,000 | +25.8% |
Apartments for rent | ZAR 7,518 | +0.2% |
The median rent for an apartment in Parow, Cape Town, South Africa increased by 0.2% to ZAR 7,518. Statistics show that house rent price increased by 19.2% this month making it up to ZAR 24,786. The median rent for a townhouse increased by 25.8%, you’ll have to spend around ZAR 10,000 to get one.