The average rent price in the Nairobi region has had an strong rise in recent months. There has been a strong rise in the rent prices in this region.
The price per m² in Nairobi has risen considerably in the last 6 months. During October, the average price per m² was . The following month (November) the price had a considerable rise reaching per m². In the following two months (December, January) the rent price per m² has increased notably to a 0 %. In the last two months, the price per m² has had a significant rise of 2147483647 %. This has been obtained by comparing the price of for the first four months of the sample with regard to the previous 4 months and the price of KSh 729.98 per m² for the last two months (February, March).
When referring to the price in Nairobi(region), this has risen considerably in the last 6 months. In the first month sample for October the average price is . During November it went through a strong rise reaching The price in the following months (December, January) had a strong rise of 0 % going from to . During the last two months the price has had a considerable rise of 2147483647 % with respect to the previous four months going from a KSh 105,600.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 39 % cheaper than the average price in Nairobi followed by those with 2 with an average price of KSh 96,954. The most expensive properties have 4 bedrooms. They are 151 % more expensive than the average followed by those properties with 3 bedrooms priced at KSh 123,252.
Based on the average price per m² those properties with 3 bedrooms are the most affordable ones with a price of KSh 571 / m² being KSh 692.31 / m² the average for Nairobi. The properties with the lowest average price are those with 4 bedrooms. These are 0 % more affordable than the average followed by those with 1 bedroom with a price of KSh 663 / m².
The graph displaying the average rent price according to the property type shows "Apartment" as the most expensive one. With an average cost of KSh 98,331 it is 25 % more costly than the average in Nairobi. This is followed by "Plot" with a cost of KSh 196,076. The most expensive property type is "Commercial" and is 246 % more costly than the average, followed by "House" with a cost of KSh 294,035.
Based upon the average cost per m² the most affordable property type is "Plot with a an average price of KSh 212 / m², followed by "Apartment" with a price of KSh 624 / m². "Commercial" with an average price of KSh 915 / m² is the most expensive type of property followed by "Townhouse" at a price of KSh 719 / m².