Commercial Property prices for Rent in Zimbabwe

Historical price trends

The line chart above shows commercial property for rent in Zimbabwe experienced moderate volatility over the last decade: average rents slipped from $1,250 in 2016 to a low near $975–$1,000 around 2019–2021, recovered to $1,200 in 2022 and have stabilized at $1,500 from 2023–2025, indicating a sustained upswing and stronger rental demand across the market.

Average price by type of commercial property

Across commercial property for rent in Zimbabwe, warehouses & factories command the highest average rent at $3,000 (˜$4/m²), offices average $1,000 (˜$5/m²), and shops & retail average $720 but show the highest price per m² at ˜$9 — key insights for investors, occupiers and retail versus logistics site selection.

Type

Average price

Average price per m²

Offices

$1,000

Shops & Retail Property

$720

Warehouses & Factories

$3,000

Average price by region in Zimbabwe

Regional averages for commercial property for rent in Zimbabwe vary widely: Harare leads with an average rent of $1,300 (˜$6/m²), followed by Midlands $1,025 and Manicaland $960; Bulawayo averages $850 but posts the highest rate per m² at ˜$7, while Matabeleland North ($200) and Matabeleland South ($350) remain the most affordable—useful for tenants and investors comparing city and provincial opportunities.

Region

Average price

Average price per m²

Bulawayo

$850

Harare

$1,300

Manicaland

$960

Mashonaland East

$750

Mashonaland West