Nairobi, Kenya
Property prices · 2026 · Africa · Price +2.9% vs 2025
Property price trend in Nairobi (2024–2026)
Property comparison — cities in Kenya (2026)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Nairobi |
|---|---|---|---|---|
| Nairobi | KES 197,950 | KES 123,050 | KES 58,850 | — |
| Mombasa | KES 99,875 | KES 64,625 | KES 29,375 | -49.5% |
Other Africa cities (2026)
Frequently asked questions
How much does property cost in Nairobi in 2026?
In Nairobi, the average price per sqm in the city centre is KES 197,950, and KES 123,050 outside the centre (2026 data). Prices have risen 7% since 2024.
How much is rent in Nairobi in 2026?
A 1-bedroom apartment in Nairobi rents for approximately KES 58,850 per month in 2026. A 3-bedroom apartment costs around KES 112,350/month.
Is it better to buy or rent in Nairobi?
Buying may offer better long-term value in Nairobi. The price-to-rent ratio is 11.0x — it would take approximately 11.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 13.50%.
What are mortgage rates in Kenya in 2026?
The average mortgage rate in Kenya is approximately 13.50% as of 2026. With a price-to-rent ratio of 11.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Nairobi changed?
Property prices in Nairobi 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 Nairobi?
The average property price per square metre in Nairobi city centre is KES 197,950 in 2026. Outside the centre, expect to pay around KES 123,050/sqm.