Rental landscape in South Africa is tricky.
It’s even more complex when it comes to individual locations like Cape Town.
However, there’s no need to worry.
We have compiled an overview of rental trends in Cape Town in 2018 so that you can make an informed decision regarding renting a place:
- When you consider all the rentals, the rent hovers around R 15000.
- Of all the ads, 28.3% are for furnished apartments.
- In terms of average rent for furnished vs. unfurnished apartments, there is hardly a difference of R 1000 for 1 bedroom apartments but there is a difference of R 7000 when it comes to 3 bedroom apartments.
- The average rent for the pet-friendly apartment is around R 1000 more compared to not-so-pet-friendly apartments.
Originally published on: https://medium.com/rentuncle/all-you-need-to-know-about-cape-town-rental-property-trends-2018-9bb2981437e9