Tanzania · Africa · Population: 7,000,000
Dar es Salaam is moderately affordable compared to major global cities, with rapidly rising prices driven by strong demand. The city has affordable rents compared to global standards. At $75,000 average home price in Tanzania, buyers should consider the 8.2x price-to-income ratio when planning a purchase.
| Average Home Price | $75,000 |
| Price per sqm | $900 |
| Price-to-Income Ratio | 8.2x |
| Mortgage Rate | 16.0% |
| 1-Year Price Change | +5.2% |
| 1-Bedroom Apartment | $350/mo |
| 3-Bedroom Apartment | $600/mo |
| Rent-to-Income Ratio | 38% |
| Median Household Income | $9,000/year |
| Years to Buy (at median income) | 8.2 years |
| Local Currency | TZS |
With a price-to-income ratio of 8.2x, Dar es Salaam requires significant savings to purchase property. At a mortgage rate of 16.0%, monthly payments could consume a large share of income. Home prices have increased 5.2% in the past year.
Cities worldwide with home prices closest to Dar es Salaam
Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
Explore the DataPeek Network