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South Africa’s average residential rental R9 132 in Q1 2025 – Property Wheel
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South Africa’s average residential rental R9 132 in Q1 2025 – Property Wheel
South Africa’s residential rental market began 2025 with its best performance in years according to the latest PayProp Rental Index. Average national rental growth reached 5.6% in Q1 2025, the strongest quarterly increase since Q3 2017 and pushing the average rental to R9 132. Growth peaked in February 2025, which saw a year-on-year increase of 6% – the highest monthly growth recorded since August 2017. The rise came amid a favourable inflation …
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