Browsing: Renting in NAirobi

Nairobi (Expedia) - The Exchange

Major towns in the outskirts of Nairobi City continue to experience a rising rental trend, according to latest report by Ritz Housing and Properties Limited.

The towns which include, Thika, Ruiru, Ongata Rongai, Ruaka and Kitengela, saw an average rental increase of 2.1 per cent on the lower side and up to 26.5 per cent on higher side, between quarter three of 2018 and same quarter in 2019.

The report covers between one bedroom to three bedroomed units.

Commenting on the report, Ritz Housing and Properties Managing Director Samuel Mathenge, attributes the rising rentals trend in these Nairobi metropolitan towns to various factors including, high walkability score, good access to public transport and the high number of open businesses.

In Kitengela, the monthly median rental price for a one-bedroomed house stood at Ksh15,000 ($144.8) an increase of 8.45 per cent between the third quarter of 2018 and 2019. The monthly …