The real estate industry in Kenya saw a drastic drop in rental prices in the Nairobi suburbs and satellite towns during the first quarter of 2025, between January and March.
HassConsult, a Kenyan real estate firm, on Tuesday, April 29, released the Hass Property Price Indices showing estates within Nairobi where rent increased and decreased during the aforementioned period.
According to the report, Muthaiga, Nyari Estate, Kilimani, and Westlands recorded a significant drop in rental prices by 4.9 per cent, 4.7 per cent, 4.6 per cent, and 3.1 per cent respectively.
Other estates where rental prices dropped include Loresho, Ridgeways, Runda, Kiserian, Athi River, and Tigoni.
