Gauteng
Has a steady increase. It is SA’s economic hub that attracts property investors and renters. The infrastructure, amenities and job opportunities makes it a desirable location for South Africans.
North West
Has a modest growth. The cheapest, most affordable region. It is experiencing growth due to individuals seeking cost-effective living options.
Western Cape
Has a steady increase. It is the most expensive province. Cape Town is notable for its high rental costs, with a demand from local and international renters. Despite being expensive, it draws renters with its excellent quality of life, amenities and landscapes.
Northern Cape
Has limited rental stock and slower economic growth.
KZN
Faces semigration, seasonal tourism and economic factors.
PROVINCIAL 2024 Q4
Free State:
Western Cape:
North West:
Northern Cape:
Gauteng:
KZN:
Eastern Cape:
Limpopo:
Mpumalanga:
Rental Growth (%)
2,9%
5,5%
3,1%
3%
4,2%
2,8%
3,6%
3,4%
3,2%
Average Rent Monthly
R6,200
R10,500
R5,500
R6,500
R8,000
R7,200
R6,800
R5,800
R6,00
NATIONAL LEVEL
Average rent: 8,5%
An increase of R368 year on year, an increase of R147 above Q3.
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