Fewer than 17% of tenants are behind on their rent, the lowest ever recorded in the PayProp Rental Index.
This is attributed to lower rent increases coupled with other factors such as low inflation, News24 reports.
It says the latest PayProp Rental Index shows the national average rent increased by 5%, R9 218 per month, in the second quarter of 2025. June recorded the lowest monthly rate in over a year, with an average of just 4.5%.
However, while theaverage rental applicant currently spends more than half of their income – 52.1% − on debt payments, fewer than 17% are in rental arrears.
Slower rental increases was a key factor.
News24 quotes André van Rooyen, head of sales at PayProp, as saying: “One of the key drivers of the strong growth we’ve seen over the past year was landlords and agents making up for low to negative growth during the pandemic.
“Now, after four consecutive quarters or real-terms growth, many may feel less urgency to push rents higher.”
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