Addis Ababa, Ethiopia
Property prices · 2026 · Africa · Price +2.9% vs 2025
Property price trend in Addis Ababa (2024–2026)
Other Africa cities (2026)
Frequently asked questions
How much does property cost in Addis Ababa in 2026?
In Addis Ababa, the average price per sqm in the city centre is ETB 13,375, and ETB 8,025 outside the centre (2026 data). Prices have risen 7% since 2024.
How much is rent in Addis Ababa in 2026?
A 1-bedroom apartment in Addis Ababa rents for approximately ETB 3,745 per month in 2026. A 3-bedroom apartment costs around ETB 7,490/month.
Is it better to buy or rent in Addis Ababa?
Buying may offer better long-term value in Addis Ababa. The price-to-rent ratio is 9.0x — it would take approximately 9.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 15.50%.
What are mortgage rates in Ethiopia in 2026?
The average mortgage rate in Ethiopia is approximately 15.50% as of 2026. With a price-to-rent ratio of 9.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Addis Ababa changed?
Property prices in Addis Ababa have changed +2.9% vs 2025. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.
What is the price per sqm in Addis Ababa?
The average property price per square metre in Addis Ababa city centre is ETB 13,375 in 2026. Outside the centre, expect to pay around ETB 8,025/sqm.