Average Leasing Consultant Salary in Rwanda for 2024

In this article, we will look at the average Leasing Consultant salary for 2024 in Rwanda and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Rwandan franc. To keep things simple, we are using the RWF currency code instead of the currency symbol Fr.

How Much Does a Leasing Consultant Make in Rwanda?

A Leasing Consultant working in Rwanda will typically earn around 7,860,600 RWF per year, and this can range from the lowest average salary of about 3,610,800 RWF to the highest average salary of 12,481,200 RWF.

Average Annual Salary
7,860,600 RWF
Average Monthly Salary
655,050 RWF

Lowest Annual Salary
3,610,800 RWF
Lowest Monthly Salary
300,900 RWF

Highest Annual Salary
12,481,200 RWF
Highest Monthly Salary
1,040,100 RWF

These are average salaries for a Leasing Consultant in Rwanda and include benefits such as housing and transport. It's also possible for a Leasing Consultant to earn more or less than the average salaries shown above.

Leasing Consultant salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Leasing Consultant Salaries in Rwanda

So we've looked at the average salaries a Leasing Consultant will earn in Rwanda. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Leasing Consultant can earn between 3,610,800 RWF and 12,481,200 RWF on average in Rwanda. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Leasing Consultant in Rwanda is 8,483,700 RWF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 8,483,700 RWF, and 50% of the population earn more than 8,483,700 RWF.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Leasing Consultant salary in Rwanda, 25% of the population are earning less than 5,447,200 RWF while 75% of the population earn more than 5,447,200 RWF.

75% of the population earn less than 11,326,400 RWF, and 25% of the population earn more than 11,326,400 RWF.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Leasing Consultant Salary by Experience Level in Rwanda

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average leasing consultant salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Leasing Consultant in Rwanda that has less than two years of experience can expect to earn somewhere in the region of 4,102,700 RWF.
  • 2 - 5 Years Experience. With two to five years of experience the average Leasing Consultant salary would increase to 5,483,600 RWF.
  • 5 - 10 Years Experience. From five to ten years of experience as a Leasing Consultant, the average salary would be 8,099,800 RWF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 9,874,200 RWF.
  • 15 - 20 Years Experience. A Leasing Consultant with 15 to 20 years of experience can earn an average of 10,762,500 RWF.
  • 20+ Years Experience. For a Leasing Consultant with more than 20 years, the expected average salary increases to 11,653,500 RWF.

Average Salary by Experience Chart

0-2 Years
4,102,700 RWF
2-5 Years +34%
5,483,600 RWF
5-10 Years +48%
8,099,800 RWF
10-15 Years +22%
9,874,200 RWF
15-20 Years +9%
10,762,500 RWF
20+ Years +8%
11,653,500 RWF

Leasing Consultant Salary by Education Level in Rwanda

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Leasing Consultant in Rwanda based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Leasing Consultant in Rwanda with a high school education can earn an average salary of 4,681,400 RWF.

  • Certificate or Diploma. A Leasing Consultant in Rwanda with a certificate or diploma education can earn an average salary of 7,342,500 RWF.

  • Bachelor's Degree. A Leasing Consultant in Rwanda with a bachelor's degree education can earn an average salary of 12,361,500 RWF.

Average Salary by Education Chart

High School
4,681,400 RWF
Certificate or Diploma +57%
7,342,500 RWF
Bachelor's Degree +68%
12,361,500 RWF

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Rwanda is around 3,460,000 to 10,400,000 RWF and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Leasing Consultant Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Rwanda, a male leasing consultant will earn an average of 8,290,700 RWF, while a female leasing consultant will earn around 7,428,600 RWF.

This means that a male leasing consultant earns approximately 12% more than a female leasing consultant for performing the same job.

Average Salary by Gender Chart in Rwanda

Male
8,290,700 RWF
Female -12%
7,428,600 RWF

Leasing Consultant Average Pay Raise in Rwanda

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Leasing Consultant in Rwanda is around 8% every 28 months.

The national average pay raise across all professions and industries in Rwanda is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 8 ÷ 28 ) × 12  = 3%

What this means is that a Leasing Consultant in Rwanda can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Rwanda for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Rwanda.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Leasing Consultant Bonus and Incentive Rates in Rwanda

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Leasing Consultant is a low bonus based job, with 41% of employees reporting at least one bonus in the last 12 months.

59% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 2% to 7%.

Received Bonus
41%
No Bonus
59%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Rwanda earn approximately 25% more than private sector employees in the same role.

Public Sector
9,215,300 RWF
Private Sector -25%
7,393,200 RWF

Salaries for Jobs Similar to a Leasing Consultant

In the table below, we have salary information for jobs that are similar to a Leasing Consultant in Rwanda.

Job Title Category Salary
Acquisition Associate Real Estate 6,300,400 RWF
Assistant Leasing Manager Real Estate 8,689,800 RWF
Assistant Property Manager Real Estate 9,060,600 RWF
Brokerage Real Estate 6,539,600 RWF
Brokerage Clerk Real Estate 3,514,400 RWF
Commercial Leasing Manager Real Estate 13,199,100 RWF
Commercial Real Estate Manager Real Estate 13,679,300 RWF
Community Development Manager Real Estate 12,958,200 RWF
Compliance Specialist Real Estate 6,539,600 RWF
Development Coordinator Real Estate 6,433,500 RWF
Director of Real Estate Real Estate 14,880,300 RWF
Lease Administrator Real Estate 8,650,700 RWF
Leasing Agent Real Estate 6,648,800 RWF
Leasing Manager Real Estate 8,926,700 RWF
Lettings Assistant Real Estate 3,395,900 RWF
Portfolio Analyst Real Estate 11,748,300 RWF
Portfolio Manager Real Estate 15,719,900 RWF
Property Acquisition Agent Real Estate 6,179,700 RWF
Property and Claims Specialist Real Estate 8,279,300 RWF
Property Manager Real Estate 10,297,600 RWF
Property Operations Manager Real Estate 13,798,900 RWF
Property Tax Assistant Real Estate 6,635,400 RWF
Real Estate Administrator Real Estate 7,669,900 RWF
Real Estate Agent Real Estate 7,211,600 RWF
Real Estate Analyst Real Estate 8,460,900 RWF
Real Estate Appraiser Real Estate 7,271,300 RWF
Real Estate Appraiser Real Estate 7,416,400 RWF
Real Estate Assistant Real Estate 6,696,900 RWF
Real Estate Association Manager Real Estate 9,106,400 RWF
Real Estate Broker Real Estate 6,670,600 RWF
Real Estate General Manager Real Estate 13,679,300 RWF
Real Estate Project Director Real Estate 13,561,900 RWF
Real Estate Project Manager Real Estate 12,361,500 RWF
Real Estate Sales Agent Real Estate 6,791,800 RWF
Real Estate Valuer Real Estate 7,271,300 RWF
Research Analyst Real Estate 6,179,700 RWF
Residential Advisor Real Estate 8,182,600 RWF
Residential Property Manager Real Estate 9,311,400 RWF
Shopping Center Manager Real Estate 14,280,500 RWF
Town Planner Real Estate 13,919,600 RWF

Salary Comparison by City

If you want to compare salaries with different cities in Rwanda, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Kigali 8,758,900 RWF

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