What is the average rent in Bangkok?

Last updated on August 26, 2025

Authored by the expert who managed and guided the team behind the Thailand Property Pack

Yes, the analysis of Bangkok's property market is included in our pack

Bangkok's rental market in 2025 offers diverse opportunities for both tenants and investors, with studio condos averaging ฿15,000-฿22,000 monthly in central areas and luxury properties exceeding ฿100,000.

The city's rental landscape varies significantly across districts, with prime areas like Sukhumvit and Thonglor commanding premium rates while suburban locations provide more affordable options. Current rental yields average 6.05% citywide, making Bangkok one of Asia's most attractive property investment destinations.

If you want to go deeper, you can check our pack of documents related to the real estate market in Thailand, based on reliable facts and data, not opinions or rumors.

Quick Summary:

Bangkok's rental market shows strong performance with average condo yields of 6.05% and central district rents ranging from ฿15,000 for studios to over ฿100,000 for luxury units.

Prime areas like Sukhumvit and Sathorn command the highest rents while emerging districts offer better yields, with the market expected to grow 3-4% annually through 2026.

Property Type	Central Bangkok (THB/month)	Suburban Areas (THB/month)	Average Yield (%)
Studio Condo	15,000 - 22,000	7,000 - 15,000	8-9
1-Bedroom Condo	22,000 - 35,000	11,000 - 18,000	7-8
2-Bedroom Condo	55,000 - 90,000	26,000 - 45,000	6-7
3-Bedroom Condo	90,000+	40,000+	4-5
Serviced Apartment	50,000 - 120,000	35,000 - 80,000	5-6
Detached House	150,000 - 250,000	50,000 - 90,000	3-6
Luxury Properties	100,000+	80,000+	3-4.5

Who is the author of this content?

BAMBOOROUTES

A team specialized in real estate investing in APAC countries (Japan, Thailand, Indonesia, Australia, etc.).

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Bangkok. If you'd like to learn more about us, you can check our presentation page.

How this content was created 🔎📝

At BambooRoutes, we explore the Thai real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like Bangkok, Chiang Mai, and Phuket. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded.

Trustworthiness is central to our work. Every source and citation is clearly listed, ensuring transparency. A writing AI-powered tool was used solely to refine readability and engagement.

To make the information accessible, our team designed custom infographics that clarify key points. We hope you will like them! All illustrations and media were created in-house and added manually.

Fact-checked and reviewed by our local expert

✓✓✓

Chalinna Salvin 🇹🇭

Co-Founder, Best BKK Condos

Chalinna, a Thai local, is the co-founder of one of Thailand's top real estate agencies for foreigners. She's also an expert on all the districts in Bangkok and knows the city's top development projects inside out. When it comes to negotiating, she's got you covered and will make sure you get the best deal possible. We spoke with her and added her insights to this blog post to bring a personal touch to our analysis.

What are the current average rental prices in Bangkok by property type?

As of September 2025, Bangkok's condo rental market shows clear pricing tiers based on property type and location.

Studio condos in central Bangkok average ฿15,000-฿22,000 monthly, while prime locations like Sukhumvit 11, Asoke, and Thonglor command higher rates. One-bedroom condos range from ฿18,000-฿35,000 monthly in central areas, with two to three-bedroom units in prime districts reaching ฿45,000-฿80,000 monthly.

Luxury condos in Bangkok's CBD frequently exceed ฿100,000 monthly, particularly those offering premium amenities and prime locations. Serviced apartments show higher average rates at ฿82,800 monthly, with one-bedroom units at ฿50,000, two-bedroom at ฿80,000, and three-bedroom reaching ฿120,000 monthly.

Detached houses typically rent for ฿50,000-฿200,000 monthly for luxury properties, while townhouses and smaller houses range from ฿30,000-฿80,000 monthly depending on the specific area and amenities offered.

It's something we develop in our Thailand property pack.

How do rental prices differ across Bangkok's main neighborhoods?

Bangkok rental prices vary significantly across districts, with central business areas commanding premium rates.

Area	Studio (THB/month)	1-Bedroom (THB/month)	2-Bedroom (THB/month)
Sukhumvit/Thonglor	18,000 - 28,000	32,000 - 55,000	55,000 - 100,000
Silom/Sathorn	18,000 - 26,000	28,000 - 44,000	48,000 - 90,000
Rama 9/Ratchada	14,000 - 20,000	22,000 - 32,000	35,000 - 70,000
Riverside/Pathum Wan	15,000+	29,000+	45,000+
Outskirts/Suburbs	7,000 - 15,000	10,000 - 22,000	26,000 - 45,000

What is the average rent based on property size and surface area?

Bangkok rental prices correlate directly with property size, showing clear patterns across different square meter ranges.

Studio apartments typically span 24-35 square meters and average ฿15,000-฿22,000 monthly in central areas. One-bedroom units covering 35-50 square meters command ฿22,000-฿32,000 monthly in central locations, dropping to ฿11,000-฿18,000 in suburban areas.

Two-bedroom properties ranging 60-85 square meters rent for ฿45,000-฿100,000 monthly in central Bangkok. Three-bedroom units exceeding 100 square meters typically start at ฿90,000 monthly in prime locations.

Larger properties in suburban areas offer significant cost savings, with comparable sizes renting for approximately 40-50% less than central Bangkok equivalents.

What is the typical total monthly cost including fees and charges?

Bangkok rental costs extend beyond base rent to include various management fees and utilities.

Condo and serviced apartment management fees typically range ฿2,000-฿5,000 monthly depending on the project's amenities and services. Monthly utilities including electricity, water, and air conditioning average ฿1,500-฿3,500, with higher costs during peak summer months.

Internet service adds ฿700-฿1,200 monthly for high-speed connections. Some properties require service charge deposits and utility deposits at move-in, though these don't represent ongoing monthly costs.

Tenants generally don't pay property taxes directly, as rental income taxation applies to landlords at sliding rates of 5-30% with 30% expense deductions allowed.

How do mortgage costs compare with rental income for investors?

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Bangkok property investment shows mixed results when comparing mortgage payments to rental income potential.

Mortgage payments for entry-level condos often match or exceed rental income, particularly for high-priced luxury units in prime locations. Most areas generate gross yields of 4-6%, but after expenses including management fees, repairs, and taxes, net returns typically range 3-4.5%.

Investment properties in central districts yield 4-5% gross returns, while affordable outer areas can achieve 7-8% yields. The Bangkok condo market averages 6.05% gross yields citywide, positioning it favorably among Asian property markets.

Investors should factor in Thailand's property financing restrictions for foreigners and consider cash purchases to maximize returns in many cases.

What are the typical rental returns and yields for different property types?

Bangkok property yields vary significantly by property type and location, with smaller units generally producing higher percentage returns.

Studio condos deliver the highest yields at 8-9%, followed by one-bedroom units at 7-8%. Two-bedroom condos generate 6-7% yields, while three-bedroom properties typically yield 4-5%.

Luxury condos produce lower yields of 3-4.5% due to higher purchase prices relative to rental income. Serviced apartments yield 5-6%, while houses range from 3-6% depending on location and property type.

Central locations like Sukhumvit and Sathorn yield less than emerging districts such as Rama 9, Huai Khwang, and Phra Khanong due to higher property prices and slower rent growth in established areas.

How have average rents and yields changed compared to previous years?

Bangkok's rental market shows steady recovery following pandemic-related disruptions between 2020-2022.

Year-over-year growth in 2025 shows average condo rents and values increasing 3-7% in prime CBD districts, with yields remaining stable or softening slightly in ultra-prime segments. This represents healthy growth after several years of market adjustment.

The five-year trend reveals a pre-pandemic boom, followed by stagnation during 2020-2022, then moderate recovery beginning in 2023. Luxury and well-located properties have significantly outperformed budget and mass-market segments throughout this period.

Current market conditions suggest normalization, with sustainable growth replacing the volatile swings experienced during the pandemic years.

What are the forecasted trends for rents and yields over the coming years?

Bangkok's rental market outlook shows continued growth driven by infrastructure development and international demand.

Short-term forecasts for 2026 expect rent increases of 3-4% in both prime and suburban areas. Moderate yield compression is likely due to ongoing price growth and sustained demand from expats and international buyers.

Medium-term projections over five years anticipate continued growth underpinned by infrastructure improvements, enhanced connectivity, and urban migration, though mass-market condos face oversupply risks.

Long-term forecasts over ten years suggest steady demand in premier districts, with market cycles influenced by economic, political, and regional factors. Infrastructure projects like new BTS and MRT lines should support rental growth in connected areas.

What types of properties are most in demand for different rental periods?

infographics rental yields citiesBangkok

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Thailand versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.

Bangkok's rental market shows distinct preferences between short-term and long-term rental segments.

Short-term rental demand focuses on fully furnished studios and one-bedroom units in tourist areas, serviced apartments, and condos near transport links. Digital nomads and business travelers increasingly drive demand for vacation-style homes and flexible rental arrangements.

Long-term rental preferences center on larger luxury condos and detached houses, particularly among expats and affluent families seeking proximity to international schools and hospitals. Students and young professionals typically rent affordable studios and one-bedroom units in transit-connected suburban areas.

The serviced apartment sector serves both markets effectively, offering flexibility for short-term stays while providing long-term options for corporate relocations and extended business assignments.

What are specific examples of monthly rental prices across property categories?

Bangkok's rental market offers clear pricing examples across all property categories and locations as of September 2025.

Budget options include outer area studios at ฿7,000-15,000 monthly and suburban one-bedroom units at ฿11,000-18,000. Mid-range properties feature central studios at ฿15,000-22,000 and CBD one-bedroom condos at ฿22,000-35,000 monthly.

Premium two-bedroom units in prime areas command ฿55,000-90,000 monthly, while luxury condos with two or three bedrooms exceed ฿100,000 in central locations. Suburban two-bedroom properties offer value at ฿26,000-45,000 monthly.

Detached houses range from ฿50,000-90,000 for average properties to ฿150,000-250,000 for luxury villas. Serviced apartments price at ฿50,000 for one-bedroom, ฿80,000 for two-bedroom, and ฿120,000 for three-bedroom units.

What are the profiles of typical renters in Bangkok?

Bangkok's rental market serves diverse tenant profiles with distinct housing preferences and budget requirements.

Expat professionals, families, and diplomats represent a significant segment seeking two to three-bedroom condos or houses near Sukhumvit, Sathorn, and Pathum Wan areas. These tenants prioritize proximity to international schools, hospitals, and business districts.

Students and young professionals typically rent studios or affordable one-bedroom condos in suburban areas or locations with good transit connections. This segment values affordability and transportation access over luxury amenities.

Digital nomads increasingly seek fully furnished, short-term rentals near BTS and MRT stations, particularly in trendy neighborhoods offering lifestyle amenities. Thai families generally prefer suburban condos or houses that provide more space and affordability compared to central locations.

It's something we develop in our Thailand property pack.

What are the current vacancy rates and smartest investment choices?

Bangkok's property market shows varying vacancy rates with clear investment opportunity patterns emerging in 2025.

Average condo vacancy rates reach approximately 26% as of Q2 2025, with higher rates in outer districts and new launches, while prime CBD areas maintain lower vacancy levels. This disparity creates distinct investment opportunities based on location strategy.

Smart investment choices focus on prime CBD districts including Sukhumvit, Sathorn, and Phrom Phong, plus emerging transit corridors like Rama 9 and Ratchada. Projects with strong rental demand among expats and families consistently outperform market averages.

High-yield opportunities exist in emerging districts and branded residences that attract reliable tenant bases. Investors should prioritize locations with established transport links, proximity to employment centers, and proven track records of rental demand.

It's something we develop in our Thailand property pack.

How does Bangkok's rental market compare globally and regionally?

Bangkok's rental market stands out favorably when compared to other major Asian cities and global property markets.

Bangkok rental yields of 6.05% significantly outperform Hong Kong at 2-3% and Singapore at 3-4%, while comparing favorably to Manila and Kuala Lumpur markets. Tokyo yields slightly higher in budget and dense districts, but Bangkok offers better entry prices.

The combination of high rental yields, steady capital appreciation, and lower property entry prices enhances Bangkok's appeal as a regional and global investment destination. Currency stability and established legal frameworks for foreign property ownership add further advantages.

Bangkok's diverse rental market, robust infrastructure development, and growing international population position it as one of Asia's most attractive property investment markets for both yield and capital growth potential.

Conclusion

This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.

Bangkok's rental market in 2025 presents compelling opportunities for both tenants and investors, with yields averaging 6.05% citywide and strong growth projected through infrastructure development and international demand.

Prime districts continue commanding premium rents while emerging areas offer higher yields, making location strategy crucial for maximizing returns in Thailand's dynamic property landscape.