Midrand (established, ~R140/sqm/mo · ≈ $8.43 PSF/yr USD) is one of 5 Johannesburg Class A submarkets we track.

  • Midrand sits at established tier.
  • Average rent R140/sqm/mo · ≈ $8.43 PSF/yr USD vs city average 220.
  • Compared submarkets: Sandton (trophy), Rosebank (trophy), Melrose Arch (trophy).

Midrand vs other Johannesburg submarkets

Midrand (established, ~R140/sqm/mo · ≈ $8.43 PSF/yr USD) is one of 5 Johannesburg Class A submarkets we track.

TL;DR

  • Midrand sits at established tier.
  • Average rent R140/sqm/mo · ≈ $8.43 PSF/yr USD vs city average 220.
  • Compared submarkets: Sandton (trophy), Rosebank (trophy), Melrose Arch (trophy).

Side-by-side with peers

**Sandton** (trophy, R270/sqm/mo · ≈ $16.3 PSF/yr USD) — Johannesburg's trophy financial core. **Rosebank** (trophy, R240/sqm/mo · ≈ $14.4 PSF/yr USD) — Trophy expansion frontier. **Melrose Arch** (trophy, R250/sqm/mo · ≈ $15.1 PSF/yr USD) — Mixed-use trophy enclave. **Bryanston & Fourways** (prime, R180/sqm/mo · ≈ $10.8 PSF/yr USD) — Suburban Class A and HQ belt.

Key facts

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

Frequently asked questions

What other submarkets compete with Midrand in Johannesburg?
Sandton, Rosebank, Melrose Arch

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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