SA’s Average Rent Surges Past R9 100 – But Can Tenants Keep Up?
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We unpack the PayProp Q1 2025 Rental Index with André van Rooyen, Head of Sales at PayProp, as South Africa’s rental market hits a major milestone. For the first time since 2017, national rental growth reached 5.6%, pushing the average monthly rent to R9 132. With inflation cooling and arrears stabilising at record lows, the rental market is showing real momentum.
But beneath the surface lies a growing affordability challenge. While demand is strong and landlords are regaining ground, nearly 80% of agents report that affordability concerns are prompting tenant moves. Can the market sustain this pace without pricing out renters?
But beneath the surface lies a growing affordability challenge. While demand is strong and landlords are regaining ground, nearly 80% of agents report that affordability concerns are prompting tenant moves. Can the market sustain this pace without pricing out renters?
