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Story perspectives

23% of South Africans Renting: Market Insights Surge

2/8/2025

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Story summary
  • The South African Multifamily Residential Rental Association (SAMRRA) reports that 23% of households are now renting.
  • Increased market transparency is driving high occupancy rates and attracting institutional investors.
  • Urbanization and demographic shifts are positioning the sector as a key asset class.
  • SAMRRA focuses on improving investment insights and data accessibility for informed decisions.
  • The sector supports sustainability goals, providing stable returns and fostering economic growth.