CAPE TOWN - First time renters can rent a property in some of Cape Town’s trendiest areas but be prepared to pay between R7 500 and R25 000 per month.
According to Seeff, millennials want to move into their own place as it is a top priority.
Rental agents with Seeff, Natheema Tymowicz and Imtiaz Adam said that apartments are ideal for first time renters, reports Business Tech.
Take a look at how much it will cost you to rent in some of Cape Town's trendiest areas:
Woodstock, Observatory, Claremont, Kenilworth, Plumstead and Diep River
These areas are considered hot spots and renters can expect to pay between R7 500 and R10 000 per month for a one bedroom apartment in the Southern Suburbs and between R9 000 and R20 000 for a two bedroom apartment.
A two bedroom unit in Diep River and Plumstead can range between R7 000 and R8 500.
Meanwhile, units within Woodstock range from R10 500 for a small unit to R14 500 for a two bedroom unit.
This is what you can expect to pay in other areas around Cape Town:
Cape Town CBD
- Unfurnished studio R8 500 - R10 000
- One bedroom R10 000 - R12 000
- Two bedroom R12 000 - R15 000
The CBD is filled with various museums and cultural sites such as the Castle of Good Hope. Several other activities and events occur in the CBD such as First Thursdays which is a free public display of artwork on the first Thursday of every month. A few galleries within Town stay open until 21:00 pm.
Sea Point, Green Point, Three Anchor Bay
- Studios R8 000 - R10 000
- One bedroom R9 500 - R12 000
- Two bedroom R15 000 - R25 000
Sea Point features popular attractions such as the Green Point Urban Park, a Putt-Putt Course as well as Signal Hill.
- One bedroom R6 500
- Two bedroom R8 000
- Apartments closer to the beaches
- Two bedroom R10 000
- Three bedroom R13 000 and upwards
Blouberg has beaches such as Dolphin Beach and Lagoon Beach which are known for windsurfing and kitesurfing.
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