Looking to buy a house in Eldoret, Kenya? You’re making a smart move. As the capital of Uasin Gishu County and a major hub in the Rift Valley, Eldoret offers affordable real estate, rapid urban growth, and strong investment potential—all in a cool, highland setting known for its world-class athletes.
Whether you’re a first-time buyer, investor, or returning resident, Eldoret’s property market is booming thanks to MoI University, industrial parks, and improved infrastructure like the Eldoret Bypass and international airport.
Here’s your complete guide to buying a house in Eldoret in 2024.
Why Buy a House in Eldoret?
✅ Affordable Prices – Lower than Nairobi and Nakuru
✅ Cool Climate – Over 2,100m above sea level, ideal for comfort
✅ Growth Potential – Fast urbanization and government development
✅ Rental Demand – High from students, healthcare workers, and businesspeople
✅ Transport Hub – Connected to Kampala, Kisumu, and Nairobi via major highways
Top Areas to Buy a House in Eldoret
1. Kapseret
Best for: Families, professionals, and investors
- One of the most sought-after suburbs
- Close to MoI University, Eldoret Teaching Hospital, and shopping centers
- Mix of bungalows, townhouses, and modern apartments
- Price range: KSh 6M – 25M
2. Kips Bay
Best for: Upscale living and security
- Gated community with paved roads and 24/7 security
- Popular with expats, doctors, and university staff
- Price range: KSh 8M – 30M
- High rental yield (6–9% annually)
3. Eldoret Town Centre (CBD & Milimani)
Best for: Investors and commercial-residential use
- Central location with high foot traffic
- Apartments above shops are ideal for rentals
- Price range: KSh 4M – 12M (apartments)
4. Loruk & Kaptagat Road
Best for: Larger plots and future development
- Quieter, spacious areas with room for expansion
- Lower density, great for custom builds
- Plot prices: KSh 1.2M – 4M (1/8 to 1/4 acre)
5. Kipkabus & Moi University Environs
Best for: Student rentals and income properties
- High demand for housing from students and staff
- Affordable 2–3 bedroom homes and flats
- Price range: KSh 5M – 15M
Average House Prices in Eldoret (2024)
| 2-Bed Apartment | Kipkabus, Milimani | 4M – 8M |
| 3-Bed Family House | Kapseret, Kips Bay | 10M – 25M |
| Townhouse | Kips Bay, Kapsoit | 12M – 30M |
| 1/8 Acre Plot | Loruk, Kaptagat Road | 1.2M – 3.5M |
| Off-Plan Homes | New estates | 5M – 15M (with payment plans) |
💡 Tip: Many developers offer installment plans—pay 10–20% deposit, then KSh 25,000–50,000/month for 3–5 years.
How to Buy a House in Eldoret: 5 Simple Steps
- Set Your Budget & Financing
- Use savings, SACCO loans (e.g., Uasin Gishu Sacco), or bank mortgages (Equity, KCB)
- NHF members can access low-interest home loans
- Work with a Licensed Agent & Lawyer
- Hire professionals familiar with Eldoret’s market
- Verify titles at the Uasin Gishu Lands Registry
- Conduct Due Diligence
- Perform a land search to confirm ownership
- Check for clear title deed (Individual or Sublease)
- Confirm access to water, electricity, and sewer
- Sign Sale Agreement & Pay Deposit
- Typically 10% deposit (held in escrow)
- Agreement should include payment terms and handover date
- Complete Transfer & Registration
- Pay stamp duty (4–6%), legal fees (1–2%), and registration costs
- Full process takes 6–10 weeks
Investment Tips for Eldoret Buyers
- Target rental hotspots: Near MoI University, hospitals, and industrial areas
- Buy in gated estates: For better security and resale value
- Consider off-plan projects: Lower entry cost and payment flexibility
- Watch for infrastructure: The Eldoret Bypass and airport expansion are boosting nearby property values
Frequently Asked Questions (FAQs)
Q: Can a foreigner buy a house in Eldoret?
A: Yes. Foreigners can buy property on leasehold (up to 99 years). Freehold is mostly for Kenyan citizens.
Q: Is Eldoret safe for property investment?
A: Yes—areas like Kapseret, Kips Bay, and Loruk are secure, well-serviced, and growing in value.
Q: How much deposit do I need to buy a house in Eldoret?
A: Typically 10–30% for mortgages. Off-plan homes may require KSh 500,000 – 2M booking fee.
