How Much is Buying an Apartment in Nairobi?

How much is buying an apartment/cost of apartment in Nairobi? As of May 2025, the average cost of buying an apartment in Nairobi stands at approximately KSh 13.56 million ($104776). However, this figure can vary significantly based on factors such as location, apartment size, amenities, and market dynamics. In this comprehensive guide, we’ll delve into the various aspects that influence apartment prices in Nairobi, providing you with detailed insights to make an informed decision.

Average Apartment Prices in Nairobi (2025)

Nairobi’s real estate market offers a diverse range of apartment options, catering to different budgets and preferences. Here’s a breakdown of average prices based on apartment size:

• Studio Apartments: KSh 1.5M – KSh 6M
• 1-Bedroom Apartments: KSh 2.5M – KSh 15M
• 2-Bedroom Apartments: KSh 4M – KSh 25M
• 3-Bedroom Apartments: KSh 6.5M – KSh 45M
• Penthouse Apartments: KSh 40M and above

These prices are influenced by various factors, including location, amenities, and the type of apartment (e.g., off-plan, newly built, or resale).

Price Variations by Location

Location plays a pivotal role in determining apartment prices in Nairobi. Here’s an overview of average prices in different neighborhoods:

High-End Areas

• Westlands: 1-Bedroom (KSh 10M – KSh 16M), 3-Bedroom (KSh 18M – KSh 30M)
• Kilimani: 1-Bedroom (KSh 7M – KSh 12M), 3-Bedroom (KSh 20M – KSh 35M)
• Lavington: 1-Bedroom (KSh 10M – KSh 16M), 3-Bedroom (KSh 18M – KSh 30M)
• Kileleshwa: 1-Bedroom (KSh 6.5M – KSh 10M), 3-Bedroom (KSh 18M – KSh 30M)(Buy Apartment Nairobi)

Mid-Range Areas

• South B: 1-Bedroom (KSh 3.5M – KSh 6M), 3-Bedroom (KSh 10M – KSh 15M)
• South C: 1-Bedroom (KSh 3.5M – KSh 6M), 3-Bedroom (KSh 10M – KSh 18M)
• Lang’ata: 1-Bedroom (KSh 3.5M – KSh 6M), 3-Bedroom (KSh 10M – KSh 15M)
• Roysambu: 1-Bedroom (KSh 3M – KSh 5M), 3-Bedroom (KSh 8M – KSh 12M)(Buy Apartment Nairobi)

Budget-Friendly Areas

• Ruiru: 1-Bedroom (KSh 2.5M – KSh 4M), 3-Bedroom (KSh 6.5M – KSh 10M)
• Kikuyu: 1-Bedroom (KSh 2.5M – KSh 4M), 3-Bedroom (KSh 6M – KSh 9M)
• Syokimau: 1-Bedroom (KSh 3M – KSh 5M), 3-Bedroom (KSh 8M – KSh 12M)
• Kitengela: 1-Bedroom (KSh 2.5M – KSh 4M), 3-Bedroom (KSh 7M – KSh 10M)

These variations highlight the importance of location in determining apartment prices, with proximity to the city center and amenities often commanding higher prices.

Factors Influencing Apartment Prices

Several key factors influence the cost of apartments in Nairobi:

1. Location

Proximity to the Central Business District (CBD), accessibility, and neighborhood prestige significantly impact prices. Areas like Westlands and Kilimani are more expensive due to their central locations and amenities.

2. Apartment Size and Type

Larger apartments with more bedrooms and bathrooms naturally cost more. Additionally, penthouses and serviced apartments with luxury features command premium prices.(Realtors in Kenya Houses For Sale)

3. Amenities and Facilities

Apartments offering amenities such as swimming pools, gyms, backup generators, elevators, ample parking, and enhanced security are priced higher.(Realtors in Kenya Houses For Sale)

4. Market Demand and Economic Conditions

High demand in certain areas can drive up prices. Economic stability, inflation rates, and interest rates also play a role in influencing property costs. (Realtors in Kenya Houses For Sale)

Current Market Trends

The Nairobi real estate market has experienced notable trends in recent times:

• Price Growth: In 2024, property prices in Nairobi grew by 5.2%, driven by increased demand for standalone units. (Business Daily Africa)
• Oversupply of Apartments: An oversupply in areas like Kilimani and Westlands has led to price corrections, with some properties experiencing discounts of up to 20%. (Silvamara Homes)
• Shift in Housing Preferences: There’s a growing preference for detached houses, leading to a decline in their supply and a corresponding increase in prices. (Business Daily Africa)

Additional Costs to Consider

When buying an apartment in Nairobi, it’s essential to factor in additional costs beyond the purchase price:

• Legal Fees: Typically range from 1.5% to 2% of the purchase price.
• Stamp Duty: Charged at 4% of the property’s value.
• Valuation Fees: Approximately 0.25% to 0.5% of the property’s value.
• Agency Commission: If using a real estate agent, fees may apply.
• Service Charges: Monthly fees for maintenance and amenities, ranging from KSh 5,000 to KSh 25,000, depending on the property.

Mortgage and Financing Options

Financing an apartment purchase in Nairobi can be facilitated through various mortgage options:

• Interest Rates: As of 2025, mortgage interest rates range between 11% and 19%, with an average of 14.94%. (Numbeo)
• Loan Tenure: Typically, mortgages are offered for periods up to 20 years.
• Down Payment: Most lenders require a down payment of 10% to 30% of the property’s value.

It’s advisable to compare different mortgage products and consult financial advisors to determine the best financing option for your needs.

Tips for Prospective Buyers

To navigate the Nairobi apartment market effectively:

1. Conduct Thorough Research: Understand the market dynamics, price trends, and future developments in your area of interest.
2. Engage Reputable Real Estate Agents: They can provide valuable insights and assist in finding properties that match your criteria.
3. Inspect Properties Personally: Always visit and inspect the apartment to assess its condition and verify the amenities. (Realtors in Kenya Houses For Sale)
4. Review Legal Documents Carefully: Ensure all property documents are in order and consult a lawyer for due diligence.
5. Negotiate Terms: Don’t hesitate to negotiate the price and terms of sale to get the best deal.

Buying an apartment in Nairobi in 2025 offers a range of options to suit various budgets and preferences. With an average price of KSh 13.56 million, factors such as location, apartment size, amenities, and market trends play crucial roles in determining the final cost. By understanding these dynamics and conducting thorough research, you can make an informed decision and find a property that meets your needs and investment goals.

Discover where comfort meets city living with Buy Apartment Nairobi.