• Thursday, January 09, 2025
businessday logo

BusinessDay

Top 10 African cities with high rent prices in 2025

Top 10 African cities with skyrocketing rent prices in 2025, you need to know

Africa’s rapid urbanisation and growing economies have led to a surge in demand for housing, driving rental prices to new heights in major cities across the continent. As cities become key hubs for business, culture, and politics, the demand for high-quality housing has outpaced supply, pushing rents upward.

In 2025, cities like Lagos, Cape Town, and Nairobi are not only attracting professionals and expatriates but also entrepreneurs looking to capitalise on emerging markets. Their roles as economic powerhouses, cultural destinations, and political capitals make them prime locations for both local and global residents.

Read also: Five African countries with the most expensive housing markets in mid-2024

According to Numbeo, here are the top 10 African cities with high rent prices in 2025

1. Lagos, Nigeria – Rent index 24.30

Lagos, Nigeria’s commercial hub, takes the top spot as the priciest city for renters in Africa. With a Rent Index of 24.30, the demand for quality housing in this bustling megacity has skyrocketed, driven by its position as a major economic center in West Africa. Known for its vibrant business environment, Lagos is home to numerous multinational corporations and a rapidly growing tech ecosystem. Popular areas like Victoria Island, Lekki, and Ikoyi are known for their upscale properties and luxurious lifestyles, attracting both local elites and expatriates. The city’s unique challenges, such as heavy traffic congestion and infrastructure strain, are balanced by the abundant opportunities it offers in finance, entertainment, and commerce.

2. Cape Town, South Africa – Rent index 18.00

Cape Town, South Africa’s second-largest city, is known for its stunning natural beauty, iconic landmarks, and vibrant lifestyle. With a Rent Index of 18.00, Cape Town ranks as one of the most expensive places to live on the continent. The city’s mix of world-class amenities, from high-end restaurants to pristine beaches and mountain views, makes it a highly sought-after destination for expatriates and tourists alike. Neighborhoods such as the City Bowl, Green Point, and the Atlantic Seaboard are particularly popular due to their proximity to business districts, cultural hubs, and stunning landscapes. Cape Town’s rapidly expanding real estate market reflects both the city’s popularity and its place as a major global tourist destination.

Read also: 6 most expensive homes in Africa

3. Accra, Ghana – Rent index 12.00

Ghana’s capital, Accra, has experienced impressive economic growth over the past decade, making it one of West Africa’s most important cities. With a Rent Index of 12.00, Accra is home to a growing expatriate community, entrepreneurs, and professionals. The city is known for its rich cultural heritage, thriving arts scene, and emerging tech industry. Prime areas like East Legon and Cantonments are particularly attractive, offering a blend of modern amenities, high-end shopping, and reliable infrastructure. Accra’s affordable rent compared to other African capitals makes it an attractive destination for newcomers, but demand continues to grow as businesses expand and Ghana’s economy strengthens.

4. Rabat, Morocco – Rent index 11.00

Rabat, Morocco’s political and administrative capital, has seen a rise in its rental costs, with a Rent Index of 11.00. The city’s appeal lies in its balance of rich history, governmental significance, and growing modern infrastructure. Rabat offers a slower-paced, more relaxed lifestyle compared to the hustle and bustle of Casablanca, but it remains an attractive location for professionals, diplomats, and expatriates. Neighborhoods like Agdal and Hassan are known for their upscale real estate options, boasting elegant villas and spacious apartments. As Morocco continues to develop its economy and strengthen ties with international partners, Rabat’s rental market will continue to benefit from the influx of workers and businesses seeking proximity to governmental institutions.

Read also: 9 most expensive African neighbourhoods

5. Casablanca, Morocco – Rent index 10.80

Casablanca, Morocco’s largest city and financial capital, follows closely behind Rabat with a Rent Index of 10.80. Known for its bustling port, vibrant economy, and modern skyline, Casablanca offers a dynamic urban lifestyle. The city is home to numerous international businesses and financial institutions, and its growing real estate market reflects its importance as an economic hub. Popular neighborhoods like Anfa and Maarif are known for their luxurious apartments, shopping districts, and proximity to commercial areas.

6. Harare, Zimbabwe – Rent index 10.60

Harare, Zimbabwe’s capital, stands out with a relatively affordable rent index of 10.60, but it still ranks among Africa’s top cities with high rental costs. Despite economic challenges, Harare remains a key political and business center in Southern Africa. The city’s rental market reflects its role as Zimbabwe’s commercial hub, with upscale neighborhoods like Borrowdale and Mount Pleasant offering spacious homes in gated communities. Harare’s real estate market is characterised by a mix of modern apartments, traditional homes, and luxury estates.

Read also: Living like royalty, most expensive celebrity homes in Nigeria

7. Johannesburg, South Africa – Rent index 10.60

Johannesburg, often referred to as the economic powerhouse of South Africa, matches Harare’s rent index at 10.60. Known for its vibrant business sector, rich cultural scene, and growing tech industry, Johannesburg remains a prime location for professionals and businesses. The city’s high demand for housing is particularly evident in areas like Sandton, which is often referred to as Africa’s financial capital. Rent in Johannesburg can vary significantly, with luxury properties commanding steep prices, while more affordable options are available in suburban areas.

8. Kampala, Uganda – Rent index 10.50

Kampala, Uganda’s capital, offers a slightly more affordable option for renters compared to other East African cities, with a Rent Index of 10.50. Known for its rapid urbanisation, Kampala is becoming an increasingly attractive destination for businesses and expatriates in East Africa. The city’s bustling economy, combined with its proximity to Lake Victoria, makes it a strategic location for professionals. Neighborhoods like Kololo and Nakasero are popular for their modern amenities, well-established communities, and excellent views of the surrounding hills.

9. Nairobi, Kenya – Rent index 10.40

Nairobi, Kenya’s capital, remains one of Africa’s most prominent cities, particularly in the realm of technology and finance. With a Rent Index of 10.40, Nairobi offers competitive rental prices while serving as East Africa’s major business and technology hub. Areas like Westlands, Karen, and Kilimani are known for their luxury properties, thriving shopping malls, and proximity to key business centers. Nairobi’s rental market continues to attract professionals from around the world, drawn by the city’s dynamic work environment, thriving entrepreneurial ecosystem, and beautiful surroundings.

10. Pretoria, South Africa – Rent index 10.10

Pretoria, South Africa’s administrative capital, rounds out the top 10 with a Rent Index of 10.10. Known for its peaceful suburban lifestyle and proximity to government offices, Pretoria attracts a mix of professionals, diplomats, and students. The city offers a more tranquil alternative to Johannesburg, but still boasts excellent infrastructure and easy access to economic opportunities. Neighborhoods such as Waterkloof and Menlo Park are highly sought after for their spacious homes and proximity to educational institutions like the University of Pretoria.

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp