Midrand is a established-tier Johannesburg submarket with average asking rent around R140/sqm/mo · ≈ $8.43 PSF/yr USD.

  • Average asking rent: R140/sqm/mo · ≈ $8.43 PSF/yr USD.
  • Tier: established.
  • Citywide Class A rent context: R220/sqm/mo · ≈ $13.2 PSF/yr USD ($13 USD).
  • Citywide vacancy: 16.2% — submarket-level availability is typically tighter at established tier.

Midrand, Johannesburg office rents and availability

Midrand is a established-tier Johannesburg submarket with average asking rent around R140/sqm/mo · ≈ $8.43 PSF/yr USD.

TL;DR

  • Average asking rent: R140/sqm/mo · ≈ $8.43 PSF/yr USD.
  • Tier: established.
  • Citywide Class A rent context: R220/sqm/mo · ≈ $13.2 PSF/yr USD ($13 USD).
  • Citywide vacancy: 16.2% — submarket-level availability is typically tighter at established tier.

Where rent sits

Midrand averages around R140/sqm/mo · ≈ $8.43 PSF/yr USD for Class A, against a citywide Class A index of 220. As an established / value submarket, rent runs at or below city average with deeper availability.

Availability dynamics

Northern HQ and tech belt. Tech, telecom, IT services, professional services.

Key facts

cityJohannesburg
submarketMidrand
tierestablished
averageRentLocalR140/sqm/mo · ≈ $8.43 PSF/yr USD
cityClassARentUsd$13/sqft/yr
cityVacancyPct16.2%

Frequently asked questions

What is the average Class A rent in Midrand, Johannesburg?
Around R140/sqm/mo · ≈ $8.43 PSF/yr USD. The citywide Class A index sits at R220/sqm/mo · ≈ $13.2 PSF/yr USD.

Related

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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