Egypt · Africa · Population: 10,000,000
Cairo is relatively affordable for homebuyers, with rapidly rising prices driven by strong demand. The city has affordable rents compared to global standards. At $55,000 average home price in Egypt, buyers should consider the 5.5x price-to-income ratio when planning a purchase.
| Average Home Price | $55,000 |
| Price per sqm | $800 |
| Price-to-Income Ratio | 5.5x |
| Mortgage Rate | 18.0% |
| 1-Year Price Change | +15.0% |
| 1-Bedroom Apartment | $250/mo |
| 3-Bedroom Apartment | $450/mo |
| Rent-to-Income Ratio | 25% |
| Median Household Income | $10,000/year |
| Years to Buy (at median income) | 5.5 years |
| Local Currency | EGP |
With a price-to-income ratio of 5.5x, Cairo offers reasonable opportunities for homebuyers compared to global averages. Home prices have increased 15.0% in the past year.
Cities worldwide with home prices closest to Cairo
Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
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