Egypt House Prices, Rents & Rental Yields (2026)
How much property costs in Egypt, what it rents for and how that compares with neighbouring markets in Africa. City-centre prices per m² rank 9 of 9 in this comparison; gross yields rank 5 of 8.
- Apartment price per m² (city centre)
- $631
- 2023
- Apartment price per m² (outside centre)
- $355
- 2023
- Gross rental yield (city centre)
- 6.4%
- 2024
- Price-to-income ratio
- 16.2
- 2024
- Rent: 1-bedroom, city centre
- $187/mo
- 2023
- Mortgage interest rate (20-year fixed)
- 12.8%
- 2023
Price and rent trends in Egypt
Latest property market indicators
| Indicator | Value | Year | Change | Source |
|---|---|---|---|---|
| Apartment price per m² (city centre)Average asking price per square metre to buy an apartment in city centres | $631 | 2023 | -11.1% vs 2022 | Numbeo |
| Apartment price per m² (outside centre)Average price per square metre to buy an apartment outside city centres | $355 | 2023 | -19.3% vs 2022 | Numbeo |
| Price-to-income ratioMedian apartment price divided by median annual disposable family income | 16.2 | 2024 | +35.0% vs 2023 | Numbeo |
| Gross rental yield (city centre)Annual rent as a percentage of purchase price, city-centre apartments | 6.4% | 2024 | -0.4 pp vs 2023 | Numbeo |
| Price-to-rent ratio (city centre)Purchase price divided by annual rent, city-centre apartments | 15.6 | 2024 | +6.1% vs 2023 | Numbeo |
| Rent: 1-bedroom, city centreAverage monthly rent of a one-bedroom apartment in the city centre | $187/mo | 2023 | -14.3% vs 2022 | Numbeo |
| Rent: 1-bedroom, outside centreAverage monthly rent of a one-bedroom apartment outside the centre | $116/mo | 2023 | -13.5% vs 2022 | Numbeo |
| Rent: 3-bedroom, city centreAverage monthly rent of a three-bedroom apartment in the city centre | $327/mo | 2023 | -23.9% vs 2022 | Numbeo |
| Rent: 3-bedroom, outside centreAverage monthly rent of a three-bedroom apartment outside the centre | $218/mo | 2023 | -17.3% vs 2022 | Numbeo |
| Mortgage interest rate (20-year fixed)Average yearly mortgage interest rate, 20-year fixed | 12.8% | 2023 | +0.6 pp vs 2022 | Numbeo |
Year-by-year data
| Year | Apartment price per m² (city centre) | Apartment price per m² (outside centre) | Price-to-income ratio | Gross rental yield (city centre) | Price-to-rent ratio (city centre) | Rent: 1-bedroom, city centre | Rent: 1-bedroom, outside centre | Rent: 3-bedroom, city centre | Rent: 3-bedroom, outside centre | Mortgage interest rate (20-year fixed) |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | — | — | 16.2 | 6.4% | 15.6 | — | — | — | — | — |
| 2023 | $631 | $355 | 12 | 6.8% | 14.7 | $187/mo | $116/mo | $327/mo | $218/mo | 12.8% |
| 2022 | $710 | $440 | 12 | 5.9% | 16.9 | $218/mo | $134/mo | $429/mo | $264/mo | 12.2% |
| 2021 | $744 | $395 | 13.6 | 5.5% | 18.1 | $228/mo | $149/mo | $439/mo | $267/mo | 10.9% |
| 2020 | $900 | $468 | 13 | 5.6% | 18 | $225/mo | $126/mo | $446/mo | $263/mo | 12.8% |
| 2019 | $724 | $423 | 13.6 | 6.1% | 16.5 | $200/mo | $115/mo | $377/mo | $232/mo | 14.1% |
| 2018 | $619 | $363 | 12.7 | 6.9% | 14.5 | $170/mo | $104/mo | $319/mo | $197/mo | 14.1% |
| 2017 | — | $299 | 10.7 | 7.2% | 13.9 | $156/mo | $88.69/mo | $329/mo | $177/mo | 16.1% |
Egypt compared with Africa
| Country | Apartment price per m² (city centre) | Gross rental yield (city centre) | Price-to-income ratio | Mortgage interest rate (20-year fixed) |
|---|---|---|---|---|
| Egypt | $631 | 6.4% | 16.2 | 12.8% |
| Algeria | $1,350 | 3.1% | 17.2 | 6.5% |
| Morocco | $1,560 | 4.8% | 15.9 | 5.3% |
| Tunisia | $928 | 4.8% | 13.4 | 10.8% |
| Cameroon | $1,942 | 8.8% | — | 19.3% |
| Ethiopia | $2,247 | 6.8% | 26.4 | 15.5% |
| Kenya | $966 | 7.1% | 12.1 | 14.3% |
| Nigeria | $835 | — | 28.2 | 14.3% |
| South Africa | $850 | 10.3% | 3.3 | 11.4% |
Related
- Properties for sale in Egypt (32,610)
- Mortgages in Egypt for foreigners
- Egypt market overview
- Tax rates in Egypt
Prices, rents, yields and mortgage rates: Numbeo (crowd-sourced, national averages of city data). Values in US dollars.