Kenya’s Wealthy Own Three Homes but Avoid Rental Market – Report

Author: kenyans.co.kePublished on: July 14, 2026Country: Kenya
Business & Economy
Kenya’s Wealthy Own Three Homes but Avoid Rental Market – Report

According to Knight Frank's 2026 Wealth & Investment Trends Report, most wealthy Kenyans own an average of three homes but choose not to rent them out. 44% of surveyed wealth managers report that their clients hold three properties. These homes are primarily used for personal, family, or long-term wealth preservation purposes, rather than as rental income sources. The report indicates that less than 10% of clients generate secondary rental income from their properties.

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