Affordable Housing in Rwanda: Sale and rent prices in Rwanda’s housing market

This review of Rwanda’s affordable housing sector and its financing was commissioned by Access to Finance Rwanda and undertaken by CAHF in partnership with 71point4 and local consultant Fatou Dieye.  Eight reports are available.  This report considers current housing market dynamics in Rwanda and was prepared by 71point4.

A web-scraping technique has been used to gather data on properties advertised for sale and for rent on three Rwandan websites[1]. The data collected includes pricing, property specifications and location. Collected data was cleaned and outliers removed, this process included removing extreme price outliers which could reflect data capturing errors. However, it should be noted that properties advertised online are biased toward more expensive properties and so are not representative of the market in Rwanda.

The final dataset consists of 5,430 properties from three data sources collected between August 2015 and March 2021 with the majority of adverts from 2020 and 2021. Most of the advertised properties are for rent (77%). According to the data, median sale and rent prices are higher closer to Kigali.

[1] Some of the websites include; Esercos Limited

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