HOW MUCH DOES IT COST TO RENT AN APARTMENT IN ADDIS ABABA? A NEIGHBORHOOD BREAKDOWN

How Much Does It Cost to Rent an Apartment in Addis Ababa? A Neighborhood Breakdown

How Much Does It Cost to Rent an Apartment in Addis Ababa? A Neighborhood Breakdown

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Let’s be real no one teaches you how to process the rental market.

You graduate, get a job, and suddenly you're faced with the overwhelming task of finding a decent place to live in a city as dynamic (and expensive) as Addis Ababa.

Whether you’re a first-time renter, a returning diaspora, or just curious about the market, this guide is your go-to source for understanding how much it really costs to rent in Addis  from luxury spots like Bole to more affordable areas like Summit.

 Popular Neighborhoods & Average Rent Prices in Addis Ababa

Rental prices vary depending on location, apartment size, furnishing, and amenities. Below is a rough estimate of what you might pay for a 2-bedroom apartment in some of the city’s most searched neighborhoods:

 




































Neighborhood Average Monthly Rent (ETB) Highlights
Bole 90,000 – 120,000 Popular with expats; close to malls, restaurants, and the airport.
Kazanchis 70,000 – 100,000 Ideal for professionals; near embassies and international offices.
Bisrate Gebriel 80,000 – 100,000 Quiet and residential, with easy access to key roads.
Megenagna 50,000 – 80,000 Well-connected and slightly more affordable.
Summit 30,000 – 70,000 Emerging area; more budget-friendly options.

???? What Affects Rent Prices in Addis Ababa?

When comparing listings, keep these factors in mind:


    • Furnishing: Fully furnished apartments cost more but are ideal for short stays or diaspora renters.





    • Amenities: Buildings with elevators, generators, parking, and security typically come at a higher price.





    • Lease Length: Some landlords offer discounts for long-term contracts (6 months or more).





    • Demand: Popular areas like Bole and Kazanchis tend to have higher rent due to high demand and central location.



 Where to Find Apartments for Rent in Addis Ababa

Tired of endless phone calls and back-and-forth messaging? Use our website — a trusted real estate platform where renters, buyers, and agents connect with ease. You can filter properties by:


    • Location





    • Price range





    • Number of rooms





    • Furnished or unfurnished units



Listings are updated regularly, and our team is here to help you find a place that fits your needs and budget.

Whether you’re moving out for the first time, relocating for work, or returning home for the holidays, renting in Addis Ababa doesn’t have to be overwhelming. By understanding the market and setting realistic expectations, you can make smarter decisions and avoid overpriced listings.

From high-end condos in Bole to affordable homes in Summit, there’s something for every lifestyle and budget in this vibrant city.

 Looking for Property Options?

Whether you're searching for a place to stay or looking to invest:


    • Apartments for rent





    • Condominiums for rent





    • Houses for rent





    • Apartments & condos for sale





    • Houses for sale





    • Land for sale for future development



Get in touch today: +251-947-00-22-33

Let us help you find your next home faster and stress-free!

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