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.