Commercial Property prices for Rent in Harare

Historical price trends

Harare commercial property for rent has shown resilience: average rents fell from $1,300 in 2016 to a low of $1,000 (2019–2021) before recovering to $1,600 in 2024 and settling at $1,500 in 2025, signalling renewed demand and stabilization in the Harare rental market.

Average price by type of commercial property

By category in Harare, warehouses & factories lead in average rent at $3,060 (˜$5/m²), offices sit mid-range at $1,050 (˜$5/m²), and shops & retail are most affordable on average at $750 but command the highest price per m² (~$12), highlighting compact retail footprints versus larger industrial units.

Type

Average price

Average price per m²

Offices

$1,050

Shops & Retail Property

$750

$12

Warehouses & Factories

$3,060

Average price by region in Harare

Location matters across Harare: Harare North commands the highest average rent at $1,900 (~$8/m²), Harare East and Harare South are around $1,530–$1,535 (~$6–$5/m²), Harare West averages $1,300 (~$3/m²), while Harare CBD and High Density average $700 but the CBD shows stronger price per m² ($9), useful intel for tenants and investors targeting value or premium districts.

Region

Average price

Average price per m²

Harare CBD

$700

Harare East

$1,530

Harare High Density

$700

Harare North

$1,900

Harare South