Rental Markets in Nairobi

Nairobi has the highest rental yields in Kenya generating up to 10 and 12 times more when compared with other urban and rural areas. The rental market in Nairobi has been so lucrative that even indecent dwelling units, such as slums and squatter settlements, are attracting rent as much as Ksh2,500 for 10 by 10 single rooms. The recent increase in rental costs in Nairobi has made the city one of the most lucrative property markets worldwide.