Commercial Property prices for Rent in Zimbabwe

Historical price trends

Commercial property for rent in Zimbabwe has fluctuated over the past decade: average rents fell from $1,250 in 2016 to about $975–$1,000 in 2020–2021, rose to $1,200 in 2022 and stabilized at $1,500 from 2023–2025, showing a clear recovery and current market steadiness for landlords and tenants.

Average price by type of commercial property

Average prices by category for commercial property for rent in Zimbabwe: Offices average $1,200 (~$4/m²), Shops & Retail $700 (~$8/m²) and Warehouses & Factories $3,050 (~$5/m²). Use these category benchmarks to compare rental options and set competitive lease rates.

Type

Average price

Average price per m²

Offices

$1,200

Shops & Retail Property

$700

Warehouses & Factories

$3,050

Average price by region in Zimbabwe

Regional averages for commercial property for rent in Zimbabwe highlight Harare as the most expensive at $1,500 (~$5/m²), with Matabeleland North $1,100, Mashonaland West $1,000, Midlands $925, Manicaland $743, Bulawayo $300 and Masvingo Province the lowest at $80—key data for targeted investment and rental searches across Zimbabwe.

Region

Average price

Average price per m²

Bulawayo

$300

Harare

$1,500

Manicaland

$743

Mashonaland East

$900

Mashonaland West