Botswana · Africa · Population: 230,000
Gaborone is relatively affordable for homebuyers, with steady growth in property values. The city has affordable rents compared to global standards. At $110,000 average home price in Botswana, buyers should consider the 5.2x price-to-income ratio when planning a purchase.
| Average Home Price | $110,000 |
| Price per sqm | $1,500 |
| Price-to-Income Ratio | 5.2x |
| Mortgage Rate | 7.5% |
| 1-Year Price Change | +4.5% |
| 1-Bedroom Apartment | $450/mo |
| 3-Bedroom Apartment | $750/mo |
| Rent-to-Income Ratio | 20% |
| Median Household Income | $21,000/year |
| Years to Buy (at median income) | 5.2 years |
| Local Currency | BWP |
With a price-to-income ratio of 5.2x, Gaborone offers reasonable opportunities for homebuyers compared to global averages. Home prices have increased 4.5% in the past year.
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