Price/Rent Ratio in Lebanon compared to Middle East
This price-to-rent ratio helps assess whether it is more cost-effective to buy or rent a home in a given market. A high price-to-rent ratio suggests that buying a property is more expensive relative to renting, whereas a low ratio indicates that buying may be more favorable than renting.
- Price-to-Rent Ratio below 16: It's generally cheaper to buy a home than to rent.
- Price-to-Rent Ratio between 17 and 20: The cost of buying and renting is roughly comparable.
- Price-to-Rent Ratio above 21: It's generally cheaper to rent than to buy.
Last updated December, 2024
Israel, Tel Aviv | 36 yrs |
Tunisia, Tunis | 19 yrs |
United Arab Emirates, Dubai | 19 yrs |
Qatar, Doha | 18 yrs |
Egypt, Cairo | 17 yrs |
Turkey, Istanbul | 14 yrs |
Morocco, Casablanca | 13 yrs |
No official house price statistics are published in Lebanon. General economics statistics are from the Central Administration for Statistics.