Namibia · Africa · Population: 430,000
Windhoek is relatively affordable for homebuyers, with steady growth in property values. The city has affordable rents compared to global standards. At $95,000 average home price in Namibia, buyers should consider the 5.8x price-to-income ratio when planning a purchase.
| Average Home Price | $95,000 |
| Price per sqm | $1,200 |
| Price-to-Income Ratio | 5.8x |
| Mortgage Rate | 11.0% |
| 1-Year Price Change | +3.2% |
| 1-Bedroom Apartment | $400/mo |
| 3-Bedroom Apartment | $700/mo |
| Rent-to-Income Ratio | 24% |
| Median Household Income | $16,000/year |
| Years to Buy (at median income) | 5.8 years |
| Local Currency | NAD |
With a price-to-income ratio of 5.8x, Windhoek offers reasonable opportunities for homebuyers compared to global averages. Home prices have increased 3.2% in the past year.
Cities worldwide with home prices closest to Windhoek
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