National Rent Growth Hits 5.6% as Landlords Regain Lost Ground
17 Jun 2025
South Africa’s residential rental market kicked off 2025 with its best performance in years, according to the latest PayProp Rental Index. Average national rental growth reached 5.6% in Q1, the strongest quarterly increase since Q3 2017, pushing the average rent to R9 132. Growth peaked in February, which saw a year-on-year increase of 6%, the highest monthly growth recorded since August 2017.