Business Daily | by Edna Mwenda
Renting apartments in Nairobi’s central business district (CBD) can be up to 126 percent more expensive than leasing properties in the capital’s periphery, according to market and consumer data firm Statista.
The monthly rent for a one-bedroom house in the CBD is about $432.33 (Sh49,761) compared to $191.32 (Sh22,020) in the suburbs. A three-bedroom apartment in the CBD costs an average of $990.75 (Sh114,035) a month while leasing a similar property on the outskirts of the city costs $476.21 (Sh54,811)…
