|Rent Price||May||vs Last Month|
|Studio rentals||ZAR 20,992||N/A|
|1 bed rentals||ZAR 8,190||-9%|
|2 bed rentals||ZAR 10,500||-10.6%|
|3 bed rentals||ZAR 16,333||+8.9%|
|4+ bed rentals||ZAR 6,533||-34.7%|
Over the May 2022, the average rent for an apartment in/near Cape Town, 7915, South Africa increased by 70.2% to ZAR 18,677.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at ZAR 8,190 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you ZAR 10,500. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for ZAR 16,333. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around ZAR 6,533 for a big-family home.
|Rent Type Price||May||vs Last Month|
|Apartment rentals||ZAR 8,242||-17.6%|
|House rentals||ZAR 12,192||-11%|
|Other rentals||ZAR 29,993||N/A|
Looking at the median rent price for an apartment in Cape Town, 7915, South Africa, you can note that it remains flat with a price tag of ZAR 8,242. The median rent for a house is still ZAR 12,192 with no significant changes this month.