Year: 2026 2025 2024
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Mombasa, Kenya

Property prices · 2026 · Africa · Price +6.8% vs 2025

Price/sqm — City Centre KES 99,875
Price/sqm — Outside Centre KES 64,625
1-Bed Rent / Month KES 29,375
3-Bed Rent / Month KES 47,000
Avg Mortgage Rate 13.00%
Price-to-Rent Ratio 17.0x Buying and renting are roughly comparable

Property price trend in Mombasa (2024–2026)

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Property comparison — cities in Kenya (2026)

City Centre /sqm Outside /sqm 1-Bed Rent vs Mombasa
Mombasa KES 99,875 KES 64,625 KES 29,375
Nairobi KES 197,950 KES 123,050 KES 58,850 +98.2%

Other Africa cities (2026)

Frequently asked questions

How much does property cost in Mombasa in 2026?

In Mombasa, the average price per sqm in the city centre is KES 99,875, and KES 64,625 outside the centre (2026 data). Prices have risen 17.5% since 2024.

How much is rent in Mombasa in 2026?

A 1-bedroom apartment in Mombasa rents for approximately KES 29,375 per month in 2026. A 3-bedroom apartment costs around KES 47,000/month.

Is it better to buy or rent in Mombasa?

Buying and renting are roughly comparable in Mombasa. The price-to-rent ratio is 17.0x — it would take approximately 17.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 13.00%.

What are mortgage rates in Kenya in 2026?

The average mortgage rate in Kenya is approximately 13.00% as of 2026. With a price-to-rent ratio of 17.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Mombasa changed?

Property prices in Mombasa have changed +6.8% vs 2025. Since 2024, prices have increased by 17.5%. Use the year tabs above to compare prices across years.

What is the price per sqm in Mombasa?

The average property price per square metre in Mombasa city centre is KES 99,875 in 2026. Outside the centre, expect to pay around KES 64,625/sqm.

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