Renting? These are the SA cities you should avoid

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While we primarily deal with technology news this morning we were sent some rather interesting data from Adzuna.

The online recruitment portal analysed more than 100 000 job listings against average rental prices in South Africa to determine what percentage of a salary goes toward rent.

The research assumes that the cost of monthly rent is carried by a single person occupying a 1-bedroom apartment within city centres of South Africa’s 15 biggest towns and cities.

So which is the most expensive city to rent property in, we ask knowing that everybody already knows the answer?

Cape Town.

Adzuna’s research found that with an average monthly rent of R11 050 and an average salary of R28 927, Capetonians spend 38 percent of their income on rent.

Things aren’t much better in Vanderbijlpark where average rent is R5 000 and the average salary is R12 829. Renters in this area are forking out 38 percent of their salary to stay there.

The rent vs average salary for the 15 biggest cities follows below.

City Average Monthly Rent (1 bedroom apartment) Average Monthly Salary % of Income Spent on Rent
Cape Town R11050 R28927 38%
Vanderbijlpark R5000 R12829 38%
Sandton R10833 R29146 37%
Richards Bay R5400 R20475 26%
Centurion R6833 R28479 23%
George R4375 R19799 22%
Pietermaritzburg R3500 R15778 22%
Paarl R5750 R26894 21%
Durban R4896 R22811 21%
Pretoria R4764 R23754 20%
East London R4277 R21961 19%
Johannesburg R6305 R33261 18%
Port Elizabeth R3875 R22338 17%
Bloemfontein R3750 R23207 16%
Polokwane R3200 R28789 11%

“It is interesting to note that Johannesburg comes up as one of the most affordable cities for renting employees. The results we see here could be because employment in Johannesburg offers much higher salaries when compared with job opportunities in cities such as Bloemfontein, for example,” says Adzuna South Africa country manager, Jesse Green.

In terms of rentals, the most expensive provinces are Western Cape, KwaZulu-Natal and Mpumalanga garnering 45 percent, 42 percent and 33 percent of salaries in rentals alone.

Province Median Rental Price Average Salary % of Salary Spent on Rent
Western Cape R13500 R29519 45%
KwaZulu-Natal R9500 R22275 42%
Mpumalanga R7400 R22184 33%
Limpopo R7798 R23143 33%
Gauteng R9000 R28938 31%
Eastern Cape R6000 R22157 27%
North West R7280 R26365 27%
Free State R5995 R21771 27%
Northern Cape R8800 R34823 25%

While it’s not exactly tech news the figures outlined by Adzuna are interesting and we’re now looking to see whether the boss will move our HQ to Polokwane.

[Image – CC0 Pixabay]

Brendyn Lotz

Brendyn Lotz

Brendyn Lotz writes news, reviews, and opinion pieces for Hypertext. His interests include SMEs, innovation on the African continent, cybersecurity, blockchain, games, geek culture and YouTube.