Nakuru: Houses for Sale
Nakuru County is one of the 47 counties in Kenya, offering diverse property opportunities for homebuyers and investors. Explore houses and apartments for sale or rent across Nakuru County.
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List Your PropertyAbout Nakuru
Nakuru, Kenya's fourth-largest city and a major hub in the Rift Valley, is rapidly transforming into a commercial and industrial powerhouse. With a population of over 570,000 and granted city status in 2021, Nakuru benefits from fertile agricultural lands, geothermal energy projects, and strategic location along the Nairobi-Kisumu highway. The city's diverse economy and growing infrastructure make it an attractive destination for property investment.
Nakuru Real Estate Market Insights
Nakuru's property market has experienced consistent growth following its elevation to city status. The city's strategic location, expanding industrial base, and agricultural prosperity have driven steady demand for both residential and commercial properties. According to local market reports, property values have appreciated by 6-9% annually in prime areas, while the rental market remains robust with yields of 8-11% for residential properties.
Property Appreciation
6-9% annually
Source: Hass Consult Rift Valley Index
Rental Yield
8-11%
Source: Local real estate surveys
Population
570,000+
Source: Kenya National Bureau of Statistics
Average Property Price
KES 3M - 18M
Source: Knight Frank Kenya
Key Market Trends
City status driving increased infrastructure investment and property development
Industrial estates in Nakuru East experiencing high demand for commercial properties
Geothermal energy projects attracting businesses and boosting local economy
Satellite towns like Naivasha and Gilgil benefiting from spillover demand
Growing interest from Nairobi investors seeking affordable alternatives with high returns
Popular Nakuru Neighborhoods
Milimani
KES 8M - 25MUpscale residential area on elevated ground with panoramic views of the city. Home to diplomatic residences and affluent families.
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Section 58
KES 4M - 12MWell-established middle-class residential area with good infrastructure and amenities. Popular among working professionals.
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Nakuru CBD
KES 3M - 15MCommercial heart of the city with mixed-use buildings. High demand for commercial spaces and upper-floor apartments.
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Lanet
KES 2.5M - 8MGrowing residential and commercial area near military barracks. Affordable housing with good rental demand.
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Bahati
KES 1.5M - 6MPeri-urban area with agricultural land and residential developments. Popular for large plots and mixed farming.
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Naivasha
KES 2M - 15MMajor satellite town 45km from Nakuru with booming horticulture industry and tourism. Rapid development along Moi South Lake Road.
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Infrastructure & Amenities
Transportation
- ✓Nakuru Railway Station - Standard Gauge Railway (SGR) to Nairobi
- ✓Nairobi-Nakuru-Eldoret Highway (A104) - Major commercial route
- ✓Nakuru Airstrip - Domestic flights
- ✓Well-developed urban matatu network
- ✓Easy access to Naivasha and Gilgil
- ✓Planned Nakuru-Kisumu railway extension
Education
- ✓Egerton University - Leading agricultural university
- ✓Kabarak University - Private university
- ✓Rift Valley Institute of Science and Technology
- ✓Nakuru Technical Training Institute
- ✓Menengai High School
- ✓St. Mary's Girls School Nakuru
- ✓Numerous county and private schools
Healthcare
- ✓Nakuru Level 5 Hospital (County Referral)
- ✓War Memorial Hospital
- ✓Rift Valley Provincial General Hospital
- ✓Valley Hospital (private)
- ✓Mediheal Hospital
- ✓Mount Kenya University Hospital
- ✓Numerous clinics and health centers
Shopping & Retail
- ✓Nakumatt Mega City
- ✓Westside Mall
- ✓Barnabas Centre
- ✓Naivas Supermarket branches
- ✓Tuskys and Quickmart outlets
- ✓Nakuru Municipal Market
- ✓Various shopping centers in CBD
Investment Opportunities in Nakuru
Nakuru presents compelling investment opportunities driven by city status, geothermal energy projects, and industrial expansion. The manufacturing sector's growth, coupled with agricultural productivity (floriculture, dairy, wheat), creates steady rental demand. Affordable property prices compared to Nairobi, combined with strong appreciation rates, make Nakuru attractive for investors seeking value and growth potential.
Investment Opportunities
- +Residential apartments in Section 58 and Milimani areas offering 8-10% rental yields
- +Commercial properties in CBD benefiting from city status and business growth
- +Industrial warehouses in Nakuru East Industrial Area
- +Student accommodation near Egerton University and Kabarak University
- +Land banking in expansion corridors (Naivasha Road, Eldoret Road)
- +Affordable housing developments targeting middle-income earners
- +Tourism-related properties in Naivasha (Airbnbs, guesthouses)
Key Considerations
- !Verify land titles through official searches at Nakuru Lands Office
- !Consider proximity to geothermal projects and industrial areas for commercial investments
- !Assess water availability - some areas face seasonal water challenges
- !Factor in road access quality when evaluating properties
- !Review county regulations for new constructions and subdivisions
- !Consider rental demand from students, workers in flower farms, and geothermal sector
- !Evaluate flood risk in low-lying areas during rainy seasons
Authoritative Sources & References
The information on this page is backed by data from official government sources, leading property research firms, and authoritative institutions in Kenya.
Kenya National Bureau of Statistics
Population and economic statistics for Nakuru County
Nakuru County Government
Official county planning, development, and regulatory information
Hass Consult Property Index
Property market trends for Nakuru and Rift Valley region
Kenya Electricity Generating Company (KenGen)
Menengai Geothermal Project information and development impact
Kenya Flower Council
Floriculture industry data affecting employment and housing demand
Note: Property prices, market trends, and statistics are subject to market conditions and may vary. Always conduct independent research and consult with licensed real estate professionals before making investment decisions. Data is updated regularly from official sources.
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