Why Nairobi has a housing mismatch

Two things are true about Nairobi's property market right now, and they should not be able to coexist...

✨ Key Highlights

Nairobi's property market is experiencing a paradoxical situation where apartment prices are declining while demand for housing remains high. This mismatch is evident in key commercial and residential areas of the city.

Apartment values in areas like Westlands have fallen by 2.8 percent in a single quarter, with Upper Hill seeing rents drop by 5.1 percent over the year.
The data is presented by Hass Consult in its Quarter One (Q1’2026 index.
Despite falling prices, the article suggests an underlying housing shortage and high demand, creating a disconnect in the market.

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