A house is a single-unit residential building. It may range in complexity from a rudimentary hut to a complex structure of wood, masonry, concrete or other material, outfitted with plumbing, electrical, heating, ventilation, and air conditioning systems.
| Rent Per Month | Range | |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 279.41 $ | 200.00-500.00 |
| Apartment (1 bedroom) Outside of Centre | 273.64 $ | 150.00-450.00 |
| Apartment (3 bedrooms) in City Centre | 846.15 $ | 450.00-1,700.00 |
| Apartment (3 bedrooms) Outside of Centre | 687.50 $ | 300.00-1,200.00 |
| Buy Apartment Price | ||
| Price per Square Meter to Buy Apartment in City Centre | 1,069.10 $ | 900.00-2,000.00 |
| Price per Square Meter to Buy an Apartment Outside of Centre | 1,266.67 $ | 800.00-1,500.00 |
| Salaries And Financing | ||
| Average Monthly Net Salary (After Tax) | 273.84 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 15.00 | 10.00-17.00 |
These data are based on 113 entries in the past 18 months from 25 different contributors.
Last update: March 2023
Our data for each country are based on all entries from all cities in that country.
How much is housing in Zimbabwe?
Property Prices in Zimbabwe
| Rent Per Month | Edit |
|---|---|
| Apartment (1 bedroom) in City Centre | 279.41$ |
| Apartment (1 bedroom) Outside of Centre | 273.64$ |
| Apartment (3 bedrooms) in City Centre | 846.15$ |
| Apartment (3 bedrooms) Outside of Centre | 687.50$ |
How much does it cost to build a house in Zimbabwe?
Construction costs will vary due to the choice of building materials and the location of the project. On average the cost of construction in Zimbabwe per square meter is between $80 – $120. Thus a simple cottage building costs around $6400. A 3 bedroom house for $12800.
Why are houses in Zimbabwe so expensive?
Prices including that of property have risen notably due to the hyper-inflationary environment which means that property in Zimbabwe is generally higher compared to other countries in the region.
Is it cheaper to build or buy a house in Zimbabwe?
An observation by Business Digest has shown that it is more cost-effective to purchase a house in the medium and low-density suburbs than to construct a similar building. In Zimbabwe, it costs US$250-US$500 per square metre to build compared to an average of US$100 in the region.
Can foreigners buy land in Zimbabwe?
Ownership
Currently, there are no restrictions on foreign ownership or occupation in Zimbabwe. Section 71 (2) of the Constitution provides that every person shall have the right to own all forms of property.
How much does it cost to build a 2-bed cottage in Zimbabwe?
Depending on the plan, a cottage can cost anything between $5,000 to $18,000 to build in Zimbabwe.