Commercial Property prices for Rent in Zimbabwe

Historical price trends

Historical trend for commercial property for rent in Zimbabwe: average rents fell from $1,146 in 2017 to a low of $975 in 2020, then recovered to $1,200 by 2022 and have stabilized at $1,500 from 2023 through 2026, signaling a post-2020 rebound and steady demand across the national rental market.

Average price by type of commercial property

Average price by category (Commercial Property for Rent, Zimbabwe): Warehouses & Factories command the highest average at $3,000 (˜ $6/m²), Offices average $1,500 (˜ $5/m²), while Shops & Retail average $575 (˜ $8/m²) — showing industrial space leads headline rents even as retail posts higher price per m².

Type

Average price

Average price per m²

Offices

$1,500

Shops & Retail Property

$575

Warehouses & Factories

$3,000

Average price by region in Zimbabwe

Average price by location across Zimbabwe: Mashonaland East tops the list at $3,532 (˜ $8/m²), Harare $1,600 (˜ $5/m²), Bulawayo $675 (˜ $7/m²), Mashonaland West $800 (˜ $2/m²), Midlands $352 (˜ $5/m²) and Masvingo lowest at $300 (˜ $0–$0.25/m²), highlighting significant regional variation in commercial rental prices.

Region

Average price

Average price per m²

Bulawayo

$675

Harare

$1,600

Mashonaland East

$3,532

Mashonaland West

$800

Masvingo Province