Property Prices in Sierra Leone 2023

Index
Price to Income Ratio 6.21
Mortgage as Percentage of Income 1
Loan Affordability Index 2
Price to Rent Ratio – City Centre 7.47
Price to Rent Ratio – Outside of Centre 94.97
Gross Rental Yield (City Centre) 21.27
Gross Rental Yield (Outside of Centre) 0.94
country data (source The World Bank, 2021) 1
GDP Per Capita ($) 3
GDP Growth Rate 0.7
Population Growth Rate 0.44

Rent Per Month in Sierra Leone

Apartment (1 bedroom) in City Centre 1203$ 501$ – 2503$
Apartment (1 bedroom) Outside of Centre 48$ 3$ – 2$
Apartment (3 bedrooms) in City Centre 968$ 751$ – 1183$
Apartment (3 bedrooms) Outside of Centre 99$ 3$ – 2$

Buy Apartment Price in Sierra Leone

Price per Square Meter to Buy Apartment in City Centre 1073.39$ 1$ – 3$
Price per Square Meter to Buy Apartment Outside of Centre 1074.39$ 2$ – 2$

Salaries And Financing in Sierra Leone

Average Monthly Net Salary (After Tax) 1672$ 3$ – 1$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2$ 1$ – 3$

These data are based on 2798 entries in the past 15 months from 80 different contributors.

Last update: August 2023

Our data for each country is based on all entries from all cities in that country.

Property Prices in Sierra Leone – 2023 Stats & 2024 Forecast

Housing costs are an important factor to consider for quality of life. Property and rental prices in Sierra Leone are generally affordable compared to global standards.
According to statistics from relevant sources, the average price per square meter of a property in a major city center is around 1$ – 3$ and 2$ – 2$ outside urban areas. Rental prices for a one-bedroom apartment in a city center average 1203$ per month.

Freetown Weather

Freetown Map

Property Prices Rates & Safety Index in Sierra Leone