Buying real estate in Indonesia?

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What are rents like in Indonesia right now? (January 2026)

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

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Everything you need to know before buying real estate is included in our Indonesia Property Pack

If you're looking to rent or invest in rental property in Indonesia, understanding current rent levels is essential.

This guide breaks down typical rents across Indonesia in January 2026, from studios in Jakarta to family homes in Bali.

We constantly update this blog post to reflect the latest Indonesian rental market data.

And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Indonesia.

Insights

  • Jakarta condominiums for lease grow at around 5% yearly, nearly double serviced apartments, making them Indonesia's strongest rent-growth segment.
  • Vacancy rates in Jakarta's rental market sit above 35%, meaning landlords compete for tenants and rent spikes remain unlikely in 2026.
  • Purpose-built rental apartments in Jakarta command about Rp 218,000 per sqm monthly, roughly 25% more than Greater Jakarta's condo-for-lease average.
  • Bali's rental market behaves differently because tourism drives demand, so long-lease rents in Canggu or Seminyak swing more than Jakarta rents.
  • Young professionals in Indonesia prefer furnished apartments near MRT stations, and landlords offering this combination fill units 30% faster.
  • Electricity costs vary by power class, with R-2 households paying about Rp 1,700 per kWh, a cost tenants usually cover directly.
  • Indonesia taxes rental income under a final tax regime, so landlords pay a flat rate on gross rent rather than progressive rates.
  • Family renters prioritize neighborhoods like Pondok Indah and BSD City for international school access and larger living spaces.
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Fact-checked and reviewed by our local expert

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Daniel Rouquette 🇫🇷

CEO & Co-Founder at Villa Finder

Daniel Rouquette has deep expertise in Indonesia’s short-term rental market, thanks to Villa Finder’s strong presence across the country. As the CEO and Co-Founder of Villa Finder, he has been managing one of the largest villa rental platforms in the Asia-Pacific region since 2012. The company offers a carefully curated selection of over 4,000 villas in 28 destinations, ensuring guests receive high-end accommodation and tailored services.

What are typical rents in Indonesia as of 2026?

What's the average monthly rent for a studio in Indonesia as of 2026?

As of January 2026, the average monthly rent for a studio in Greater Jakarta is around Rp 5.4 million ($340 USD / €315 EUR).

The realistic range covers Rp 4.5 million to Rp 7.5 million per month ($280-$470 USD / €265-€440 EUR), depending on location and building quality.

Main factors affecting studio rents include MRT proximity, building age, furnishing status, and whether it's in prime South Jakarta or more affordable East Jakarta.

Sources and methodology: we used Cushman & Wakefield's Jakarta Rental Apartment report for per-sqm benchmarks with 30 sqm studio sizes. We cross-checked against BPS housing inflation data and Knight Frank's overview. Our internal analyses also informed these ranges.

What's the average monthly rent for a 1-bedroom in Indonesia as of 2026?

As of January 2026, the average monthly rent for a 1-bedroom in Greater Jakarta is around Rp 8.1 million ($505 USD / €475 EUR).

The realistic range spans Rp 7 million to Rp 12 million per month ($440-$750 USD / €410-€705 EUR).

Cheapest 1-bedroom rents are in Depok, Bekasi, and East Jakarta, while highest rents cluster in Senopati, Kemang, and SCBD.

Sources and methodology: we derived estimates from Cushman & Wakefield's Q1 2025 data using 45 sqm for 1-bedrooms. We validated patterns against Colliers Jakarta reports and Knight Frank research. Our market tracking also contributed.

What's the average monthly rent for a 2-bedroom in Indonesia as of 2026?

As of January 2026, the average monthly rent for a 2-bedroom in Greater Jakarta is around Rp 12.6 million ($790 USD / €740 EUR).

The realistic range spans Rp 11 million to Rp 20 million per month ($690-$1,250 USD / €645-€1,175 EUR).

Cheapest 2-bedroom rents are in Tangerang, Bekasi, and outer Jakarta, while most expensive are in Sudirman, Mega Kuningan, and Pondok Indah.

By the way, you will find much more detailed rent ranges in our property pack covering the real estate market in Indonesia.

Sources and methodology: we calculated figures from Cushman & Wakefield's rent-per-sqm data using 70 sqm for 2-bedrooms. We confirmed pricing against Colliers reports and Bank Indonesia's survey. Our data analysis helped refine bounds.

What's the average rent per square meter in Indonesia as of 2026?

As of January 2026, the average rent in Greater Jakarta is around Rp 180,000 per sqm monthly ($11 USD / €10.50 EUR per sqm).

The range spans Rp 120,000 to Rp 400,000 per sqm monthly ($7.50-$25 USD / €7-€23.50 EUR) across neighborhoods.

Jakarta has Indonesia's highest rent per sqm, while Surabaya, Bandung, and Medan typically see rents 30-50% lower.

Factors pushing rent above average include MRT access, buildings under five years old, premium amenities, and serviced apartment buildings.

Sources and methodology: we anchored figures on Cushman & Wakefield's benchmark of Rp 174,271 per sqm for Q1 2025. We applied growth based on BPS housing CPI and Knight Frank data. Our analyses validated regional comparisons.

How much have rents changed year-over-year in Indonesia in 2026?

As of January 2026, rents in Indonesia have increased approximately 3% year-over-year on average, with Jakarta condominiums growing closer to 5%.

Main drivers include steady economic growth around 5%, continued urbanization toward Jakarta, and recovering expat and corporate demand.

This year's growth is slightly higher than 2025's modest 2%, as high vacancy rates have begun stabilizing.

Sources and methodology: we tracked changes using Cushman & Wakefield's YoY data showing 5.14% for condos-for-lease. We validated against BPS housing inflation and Bank Indonesia releases. Our tracking also informed estimates.

What's the outlook for rent growth in Indonesia in 2026?

As of January 2026, rent growth is projected at 2-4% for most urban areas, with Jakarta condominiums near MRT expected at 4-6%.

Key factors include GDP growth projected at 5.3%, controlled inflation, and continued foreign investment in Jakarta's business districts.

Strongest growth is expected along Jakarta's MRT corridor (Dukuh Atas, Lebak Bulus) and Bali hotspots (Canggu, Seminyak).

Risks include global economic slowdown reducing expat relocations, faster-than-expected new supply, or currency volatility affecting foreign tenant budgets.

Sources and methodology: we based outlook on Bank Indonesia's Property Survey and World Bank forecasts. We referenced Reuters coverage of BI's outlook. Our projections helped round out estimates.
statistics infographics real estate market Indonesia

We have made this infographic to give you a quick and clear snapshot of the property market in Indonesia. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.

Which neighborhoods rent best in Indonesia as of 2026?

Which neighborhoods have the highest rents in Indonesia as of 2026?

As of January 2026, top three highest-rent neighborhoods are SCBD/Sudirman at Rp 15 million/month ($940 USD / €880 EUR), Mega Kuningan at Rp 14 million ($875 USD / €825 EUR), and Kemang at Rp 12 million ($750 USD / €705 EUR) for a typical 1-bedroom.

These areas command premiums due to corporate office access, embassy proximity, modern high-rises with full amenities, and concentrated dining and nightlife.

Typical tenants include corporate executives on expat packages, multinational senior professionals, and wealthy local families.

By the way, we've written a blog article detailing what are the current best areas to invest in property in Indonesia.

Sources and methodology: we identified premium neighborhoods using Colliers Jakarta reports and Knight Frank's overview. We cross-referenced against Cushman & Wakefield segmentation. Our market intelligence confirmed rankings.

Where do young professionals prefer to rent in Indonesia right now?

Top three neighborhoods for young professionals are Senopati for lifestyle, Dukuh Atas for MRT access, and Tebet for better value while commutable.

Typical rents are Rp 6-10 million monthly ($375-$625 USD / €350-€590 EUR) for studios or 1-bedrooms.

These areas attract young professionals with walkable cafes and coworking spaces, building amenities, fast internet, and short commutes.

By the way, you will find a detailed tenant analysis in our property pack covering the real estate market in Indonesia.

Sources and methodology: we identified hotspots using Knight Frank's demographic insights and Colliers commentary. We validated ranges against Cushman & Wakefield data. Our surveys also informed findings.

Where do families prefer to rent in Indonesia right now?

Top three family neighborhoods are Pondok Indah for established community, Cipete/Cilandak for quieter streets, and BSD City for landed housing and schools.

Typical family rents for 2-3 bedrooms are Rp 15-35 million monthly ($940-$2,190 USD / €880-€2,060 EUR).

These areas attract families with larger units, parks and green spaces, lower traffic, and family-oriented malls.

Top schools nearby include Jakarta Intercultural School in Cilandak, British School Jakarta in Bintaro, and Sekolah Pelita Harapan in BSD City.

Sources and methodology: we determined preferences using Knight Frank's location analysis and Colliers suburban reporting. We referenced BPS housing indicators. Our family-tenant surveys also contributed.

Which areas near transit or universities rent faster in Indonesia in 2026?

As of January 2026, fastest-renting areas are Dukuh Atas (main MRT interchange), Lebak Bulus (southern MRT terminus), and Depok (near Universitas Indonesia).

Properties in these areas list for 20-35 days versus the citywide 30-60 day average.

Transit/university proximity commands a Rp 1-2 million monthly premium ($65-$125 USD / €60-€120 EUR) over comparable units farther away.

Sources and methodology: we identified fast-renting areas using Cushman & Wakefield absorption data and Knight Frank's mapping. We cross-checked with Colliers analysis. Our listing tracking also informed estimates.

Which neighborhoods are most popular with expats in Indonesia right now?

Top three expat neighborhoods are Kemang for international dining, Kuningan/Mega Kuningan for embassy proximity, and Canggu in Bali for digital nomads.

Typical expat rents are Rp 12-25 million monthly ($750-$1,560 USD / €705-€1,470 EUR) for furnished 1-2 bedrooms.

These areas attract expats with English-speaking staff, international school/hospital proximity, walkable amenities, and active expat communities.

Main nationalities include Japanese and Korean professionals in Kemang, Western diplomats in Kuningan, and Australian/European digital nomads in Canggu.

And if you are also an expat, you may want to read our exhaustive guide for expats in Indonesia.

Sources and methodology: we mapped preferences using Knight Frank's expat analysis and Colliers corporate data. For Bali, we referenced BPS Bali tourism statistics. Our expat research also informed findings.

Get fresh and reliable information about the market in Indonesia

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Who rents, and what do tenants want in Indonesia right now?

What tenant profiles dominate rentals in Indonesia?

Top three tenant profiles are local young professionals in Jakarta's business districts, corporate expats on housing packages, and students near universities.

Local professionals represent roughly 50% of formal apartment rentals, corporate expats about 25%, students around 15%, with families and retirees making up the rest.

Local professionals seek furnished 1-bedrooms under 50 sqm, expats require 2-3 bedroom serviced apartments of 80-120 sqm, students look for studios or shared units under 30 sqm.

If you want to optimize your cashflow, you can read our complete guide on how to buy and rent out in Indonesia.

Sources and methodology: we analyzed profiles using Cushman & Wakefield's segmentation of purpose-built, serviced, and condo-for-lease. We validated against Knight Frank research and BPS indicators. Our tenant surveys also shaped estimates.

Do tenants prefer furnished or unfurnished in Indonesia?

In Indonesia's apartment market, roughly 70% prefer furnished units while 30% opt for unfurnished (shifting toward unfurnished for landed houses).

Furnished apartments command Rp 1.5-3 million monthly premium ($95-$190 USD / €90-€175 EUR).

Tenants preferring furnished include expats on short assignments, young professionals in first jobs, and anyone wanting immediate move-in.

Sources and methodology: we estimated preferences from Knight Frank's preference data and Cushman & Wakefield comparisons. We validated premiums against Colliers reports. Our listing analysis informed split estimates.

Which amenities increase rent the most in Indonesia?

Top five rent-boosting amenities are MRT access, reliable AC, 24/7 security, dedicated parking, and fiber internet readiness.

MRT access adds Rp 1-2 million/month ($65-$125 USD), AC adds Rp 500,000 ($30 USD), security adds Rp 300,000-500,000 ($20-$30 USD), parking adds Rp 500,000-1 million ($30-$65 USD), fiber adds Rp 200,000 ($12 USD).

In our property pack covering the real estate market in Indonesia, we cover what are the best investments a landlord can make.

Sources and methodology: we identified amenities from Knight Frank's analysis and Colliers comparisons. We quantified using Cushman & Wakefield differentials. Our landlord surveys validated figures.

What renovations get the best ROI for rentals in Indonesia?

Top five ROI renovations are fresh paint/lighting, kitchen modernization, bathroom refresh, AC replacement, and basic furnishing packages.

Fresh paint costs Rp 3-8 million ($190-$500 USD) for Rp 300,000-500,000 rent increase; kitchen costs Rp 10-25 million ($625-$1,560 USD) for Rp 500,000-1 million increase; bathroom costs Rp 8-20 million ($500-$1,250 USD) for similar gains; AC costs Rp 3-10 million ($190-$625 USD); furnishing costs Rp 15-30 million ($940-$1,875 USD) for Rp 1.5-3 million premium.

Poor ROI renovations include luxury kitchen appliances, high-end flooring, and extensive structural changes.

Sources and methodology: we determined ROI from Colliers upgrade recommendations and Knight Frank guidance. We estimated costs using BPS cost indices. Our landlord network provided validation.
infographics rental yields citiesIndonesia

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Indonesia 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.

How strong is rental demand in Indonesia as of 2026?

What's the vacancy rate for rentals in Indonesia as of 2026?

As of January 2026, vacancy rates in Greater Jakarta sit around 35-41% depending on property segment.

Rates range from 25% in high-demand areas like Dukuh Atas and South Jakarta prime zones to over 45% in oversupplied outer areas.

Current vacancy remains elevated versus historical 25-30% averages, reflecting new supply that entered between 2018 and 2023.

Finally please note that you will have all the indicators you need in our property pack covering the real estate market in Indonesia.

Sources and methodology: we sourced vacancy from Cushman & Wakefield's Q1 2025 data showing 36-42% across segments. We validated against Colliers reports and Knight Frank analysis. Our historical tracking informed comparisons.

How many days do rentals stay listed in Indonesia as of 2026?

As of January 2026, average listing time is 30-45 days for well-priced units in decent locations.

Range spans 20 days for prime MRT-adjacent units in South Jakarta to 90+ days for overpriced or poorly maintained units.

Current figures are similar to one year ago, as high vacancy keeps absorption steady but not dramatically faster.

Sources and methodology: we estimated using Cushman & Wakefield absorption patterns and vacancy trends. We cross-referenced Colliers velocity commentary and Knight Frank analysis. Our listing monitoring informed ranges.

Which months have peak tenant demand in Indonesia?

Peak demand is June through August (mid-year corporate relocations and university intake), with a secondary bump January through March.

Drivers include the academic calendar starting July, multinational expat rotations mid-year, and graduates entering the workforce after May.

Lowest demand is October through December, when lease renewals are locked and fewer relocations happen during holidays.

Sources and methodology: we identified patterns from Knight Frank's demand analysis and Colliers tenant reports. We validated against BPS demographics. Our landlord network confirmed trends.

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investing in real estate foreigner Indonesia

What will my monthly costs be in Indonesia as of 2026?

What property taxes should landlords expect in Indonesia as of 2026?

As of January 2026, expect annual property tax (PBB-P2) of 0.1-0.3% of NJOP; for a Rp 1 billion Jakarta apartment, that's Rp 1-3 million/year ($65-$190 USD / €60-€175 EUR).

Range spans Rp 500,000 for modest outer-area apartments to Rp 10 million+ ($30-$625 USD) for prime CBD properties.

Taxes are calculated on NJOP (tax assessment value) set by local governments, with Jakarta publishing official NJOP decisions annually.

Please note that, in our property pack covering the real estate market in Indonesia, we cover what exemptions or deductions may be available to reduce property taxes for landlords.

Sources and methodology: we anchored guidance on Jakarta's official NJOP documents and PBB-P2 structures. We cross-referenced PwC Indonesia's Pocket Tax Book. Our tax tracking also informed estimates.

What maintenance budget per year is realistic in Indonesia right now?

Realistic annual maintenance for a typical rental is Rp 12-24 million ($750-$1,500 USD / €705-€1,410 EUR), covering service charges and in-unit upkeep.

Range spans Rp 8 million for newer buildings to Rp 40 million+ ($500-$2,500 USD) for older properties needing regular fixes.

Landlords typically set aside 10-15% of annual rental income for maintenance.

Sources and methodology: we estimated using Colliers service charge norms and Knight Frank management data. We validated against BPS cost indices. Our surveys helped calibrate figures.

What utilities do landlords often pay in Indonesia right now?

Landlords most commonly pay building service charges (IPL), covering security, cleaning, and facilities.

Service charges run Rp 500,000-2 million monthly ($30-$125 USD); tenants pay electricity directly at Rp 1,445-1,700 per kWh.

Common practice: tenants pay electricity via prepaid tokens, internet, and often water; landlords cover service charges.

Sources and methodology: we detailed splits using PLN's official tariffs. We referenced practices from Knight Frank guidance and Colliers recommendations. Our contacts confirmed norms.

How is rental income taxed in Indonesia as of 2026?

As of January 2026, rental income from land/buildings is taxed at a final 10% of gross rent, with no deductions.

Under this final tax system, the 10% rate applies to gross rent rather than net income after expenses.

Common mistake: failing to report and self-pay the final tax when tenants don't withhold it.

We cover these mistakes, among others, in our list of risks and pitfalls people face when buying property in Indonesia.

Sources and methodology: we based guidance on PP No. 34/2017 on Indonesia's legal portal. We cross-verified with DGT's self-payment guidance and PwC's Pocket Tax Book. Our research also informed explanations.
infographics comparison property prices Indonesia

We made this infographic to show you how property prices in Indonesia compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.

What sources have we used to write this blog article?

Whether it's in our blog articles or the market analyses in our property pack about Indonesia, we rely on the strongest methodology we can.

Below we've listed the authoritative sources we used and explained how we used them.

Source Why it's authoritative How we used it
BPS - CPI Housing Table Indonesia's official statistics agency; CPI is the standard for measuring price changes. We used it to anchor rent movements via official housing inflation. We used it as reality check against private data.
BPS - Housing Indicators Official long-running BPS series on housing conditions. We used it for housing market structure context. We used it to keep the story Indonesia-wide.
Bank Indonesia - Property Survey Q1 2025 Central bank's recurring, documented survey-based index. We used it to frame the housing cycle feeding into rents. We used it to triangulate the 2026 outlook.
Bank Indonesia - SHPR News Release BI's official public communication summarizing survey findings. We used it to confirm key numbers. We used it to cross-check PDF interpretation.
Cushman & Wakefield - Jakarta Rental Q1 2025 Major global real estate consultancy with consistent research format. We used it as core rent benchmark for IDR/sqm, vacancy, and YoY growth. We used it to translate per-sqm into bedroom rents.
Colliers - Jakarta Apartment Q1 2025 Major global property consultancy with repeatable reporting. We used it for neighborhood texture (CBD vs South Jakarta). We used it to cross-check rent-level consistency.
Knight Frank - Jakarta Rental Overview 1H 2025 Top-tier real estate firm; KF Map is its Indonesia research portal. We used it for supply mix and location structure. We used it to support "which areas rent best" sections.
DGT - Article 4(2) Final Tax Guidance Indonesian tax authority's own guidance site. We used it to explain final tax mechanics. We used it alongside regulation for accuracy.
PP No. 34/2017 - BPK Portal Official legal text on authoritative regulation portal. We used it as legal basis for rental income taxation. We used it to ensure law-based content.
Ministry of Finance - PP 34/2017 Ministry of Finance's official legal documentation. We used it to cross-verify regulation. We used it to reduce citation risk.
Jakarta JDIH - NJOP 2025 Decision Jakarta provincial government's official legal site. We used it to explain how NJOP is set locally. We used it as property tax anchor.
PLN - Electricity Tariffs State-owned utility's official tariff breakdown. We used it for realistic utility costs. We used it to ground monthly running costs.
PwC Indonesia - Pocket Tax Book 2024 Widely used professional tax reference with citations. We used it to check tax concepts. We used it for professional practice consistency.
World Bank - Indonesia Economic Prospects Top international institution with transparent forecasting. We used it for demand/outlook via growth expectations. We used it to triangulate market expectations.
Reuters - BI 2026 Outlook Major global wire quoting primary official statements. We used it to anchor 2026 outlook to BI expectations. We used it for attributable forecasts.
BPS Bali - Tourism Arrivals Official BPS provincial release with hard arrival counts. We used it to justify Bali rent differences. We used it for expat/tourism demand context.

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