GITNUX MARKETDATA REPORT 2024
Statistics About The Average Rent In Thailand
The average rent in Thailand varies based on location, with Bangkok having the highest average rent at around 18,000 baht per month for a 1-bedroom apartment.
In this post, we explore the average rent prices for various types of accommodation across different cities in Thailand. From the bustling city center of Bangkok to the serene coastal town of Phuket, we’ll dive into the statistics to give you a comprehensive overview of the rental market in the Land of Smiles. Whether you’re considering a short-term vacation rental or a long-term lease, understanding the average rental prices and related costs in Thailand can help you make informed decisions about your housing options.
Statistic 1
"The average rent for a one-bedroom apartment outside the city center in Chiang Mai is about 10,000 THB per month."
Statistic 2
"The average rent for a three-bedroom apartment in the city center of Bangkok is around 60,000 THB per month."
Statistic 3
"In Phuket, the average rent for a one-bedroom apartment is around 20,000 THB per month in the city center."
Statistic 4
"The average rental price in Pattaya is approximately 18,000 THB per month for a city-center one-bedroom apartment."
Statistic 5
"The average utility cost (electricity, heating, water, garbage) for a standard apartment in Thailand is about 2,000 THB per month."
Statistic 6
"Average internet cost is approximately 850 THB per month in Thailand."
Statistic 7
"Short-term vacation rentals can cost up to 30% more than long-term rental prices in Thailand."
Statistic 8
"The average lease term for rentals in Thailand is 1 year."
Statistic 9
"Thailand's market for serviced apartments sees an average rent of 44,000 THB per month."
Statistic 10
"In recent years, Chiang Mai has seen significant increases in rental prices due to growing tourism."
Statistic 11
"Bangkok sees the highest average rent prices in Thailand."
Statistic 12
"On average, renting a single room in a shared house in Thailand costs around 5,000 to 8,000 THB per month."
Statistic 13
"A one-bedroom apartment in Hua Hin costs around 12,000 THB per month on average."
Statistic 14
"The average rent price increase in Bangkok over the last five years has been around 3% per year."
Statistic 15
"Thailand's rental yield in Bangkok is around 5-7% annually."
Statistic 16
"The cost of living index in Thailand is at 39.90, which is lower than in many Western countries."
Statistic 17
"The overall cost of living in Thailand is about 50% lower than in the United States."
Statistic 18
"The average monthly rent for a condominium in Bangkok is around 30,000 THB."
Statistic 19
"The average rent-to-income ratio is 20-30% in urban Thailand."
Statistic 20
"The average rent for a one-bedroom apartment in Bangkok is approximately 15,000 THB per month."
Jannik Lindner
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