Year: 2026 2025 2024
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Nairobi, Kenya

Property prices · 2025 · Africa · Price +4% vs 2024

Price/sqm — City Centre KES 192,400
Price/sqm — Outside Centre KES 119,600
1-Bed Rent / Month KES 57,200
3-Bed Rent / Month KES 109,200
Avg Mortgage Rate 13.50%
Price-to-Rent Ratio 11.0x Buying may offer better long-term value

Property price trend in Nairobi (2024–2026)

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Property comparison — cities in Kenya (2025)

City Centre /sqm Outside /sqm 1-Bed Rent vs Nairobi
Nairobi KES 192,400 KES 119,600 KES 57,200
Mombasa KES 93,500 KES 60,500 KES 27,500 -51.4%

Other Africa cities (2025)

Frequently asked questions

How much does property cost in Nairobi in 2025?

In Nairobi, the average price per sqm in the city centre is KES 192,400, and KES 119,600 outside the centre (2025 data). Prices have risen 7% since 2024.

How much is rent in Nairobi in 2025?

A 1-bedroom apartment in Nairobi rents for approximately KES 57,200 per month in 2025. A 3-bedroom apartment costs around KES 109,200/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 2025?

The average mortgage rate in Kenya is approximately 13.50% as of 2025. 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 +4% vs 2024. 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 192,400 in 2025. Outside the centre, expect to pay around KES 119,600/sqm.

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