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What are rents like in Jakarta 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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Yes, the analysis of Jakarta's property market is included in our pack

If you're looking to rent or invest in Jakarta, understanding current rental prices is essential.

This article breaks down Jakarta rent prices by apartment size, neighborhood, and tenant profile, all updated for January 2026.

We constantly update this blog post to reflect the latest Jakarta residential rental market conditions.

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 Jakarta.

Insights

  • Jakarta's rental apartment vacancy rate sits around 39% to 41% in January 2026, giving tenants strong negotiating power when signing leases.
  • Condo-for-lease rents in Jakarta grew roughly 4% year-over-year, outpacing serviced apartments which remain flat due to oversupply.
  • Expat-favored neighborhoods like Kemang, Cipete, and Pondok Indah face quality shortages, so well-maintained homes get reserved quickly.
  • The MRT corridor from Lebak Bulus to Dukuh Atas drives faster leasing, with properties near stations renting up to 40% quicker.
  • Jakarta's rent per square meter for privately-owned condos averages around IDR 180,000 monthly, less than half the serviced apartment rate.
  • University term start in July through September creates Jakarta's busiest rental season, especially for studios near campus areas.
  • Jakarta landlords pay 10% final tax on gross rental income under Indonesia's Article 4(2) rules, with no deductions allowed.
  • Water bills increased starting January 2025 due to PAM JAYA's new tariffs, adding IDR 50,000 to IDR 150,000 monthly.

What are typical rents in Jakarta as of 2026?

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

As of January 2026, the average monthly rent for a studio apartment in Jakarta is around IDR 5.4 million (approximately $340 USD or €310 EUR).

Jakarta studio rents realistically range from IDR 4.5 million to IDR 8 million per month ($280 to $500 USD, or €260 to €460 EUR), depending on location.

The main factors affecting Jakarta studio rents include location (outer districts cost less than Sudirman or SCBD), building age, MRT proximity, and furnishing quality.

Sources and methodology: we triangulated effective rent-per-square-meter data from Cushman & Wakefield's MarketBeat with our own rental listings analysis. We cross-checked against BPS Indonesia housing inflation data and Bank Indonesia property price surveys.

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

As of January 2026, the average monthly rent for a 1-bedroom apartment in Jakarta is around IDR 8.1 million ($505 USD or €460 EUR).

Jakarta 1-bedroom rents range from IDR 6.5 million to IDR 12.5 million per month ($405 to $780 USD, or €370 to €715 EUR).

For cheaper 1-bedroom rents, look toward Grogol or older East Jakarta towers, while the highest rents cluster along Sudirman, Kuningan, and MRT-adjacent South Jakarta developments.

Sources and methodology: we used Cushman & Wakefield rent benchmarks scaled to typical 45 square meter 1-bedroom sizes. We validated against Knight Frank Indonesia market reports and our proprietary database.

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

As of January 2026, the average monthly rent for a 2-bedroom apartment in Jakarta is around IDR 12.6 million ($790 USD or €720 EUR).

Jakarta 2-bedroom rents range from IDR 10 million to over IDR 20 million per month ($625 to $1,250 USD, or €570 to €1,140 EUR).

The cheapest 2-bedroom apartments are in Kelapa Gading or older Central Jakarta buildings, while SCBD, Senopati, and "expat-ready" Kuningan units command top prices.

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

Sources and methodology: we applied Cushman & Wakefield's rent-per-square-meter figures to typical 70 square meter layouts. We verified using Colliers expat housing research and Colliers quarterly reports.

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

As of January 2026, the average rent per square meter for privately-owned condos in Jakarta is around IDR 180,000 monthly ($11.25 USD or €10.30 EUR).

Jakarta rent per square meter varies from around IDR 150,000 in outer districts to over IDR 400,000 in serviced apartments ($9 to $25 USD, or €8.50 to €23 EUR).

Jakarta commands significantly higher rents per square meter than Surabaya or Bandung, though it remains more affordable than Singapore or Kuala Lumpur.

Properties pushing rent above average typically feature direct MRT access, recent construction, quality furnishings, and locations within the Sudirman-Thamrin-SCBD triangle.

Sources and methodology: we extracted rent-per-square-meter benchmarks from Cushman & Wakefield MarketBeat covering all segments. We supplemented with Knight Frank Indonesia supply analysis and BPS regional comparisons.

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

As of January 2026, Jakarta rents in the mainstream condo-for-lease market have increased approximately 4% compared to January 2025.

The main drivers include steady demand from CBD office workers, continued expat corporate relocations, and the university student intake cycle peaking mid-year.

This 4% growth is consistent with 2025's trajectory, representing moderate increases because high vacancy rates (around 40%) continue limiting landlords' pricing power.

Sources and methodology: we anchored our estimate on rent growth figures from Cushman & Wakefield and prior quarter reports. We moderated projections using Bank Indonesia's property price survey.

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

As of January 2026, Jakarta rent growth is projected at 3% to 6% for condo-for-lease, with serviced and purpose-built rentals at 1% to 3%.

Key influencing factors include continued office worker demand, the pace of new supply entering the market, and whether expat corporate assignments increase.

Neighborhoods expected to see strongest growth include MRT corridor stations (Setiabudi, Senayan, Blok M) and expat hubs like Kemang where quality supply is scarce.

Risks include economic slowdown reducing corporate housing budgets, unexpected new supply flooding submarkets, or policy changes affecting expat demand.

Sources and methodology: we combined rent growth data from Cushman & Wakefield with vacancy analysis and supply data from Knight Frank Indonesia. We factored in Bank Indonesia's housing outlook.
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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 Jakarta as of 2026?

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

As of January 2026, Jakarta's highest-rent neighborhoods are SCBD and Senopati, Sudirman and Setiabudi, and Mega Kuningan, where premium 2-bedrooms exceed IDR 25 million monthly ($1,560 USD or €1,430 EUR).

These neighborhoods command premiums because they combine direct CBD access, high-quality buildings, upscale amenities, and strong MRT connectivity.

Typical tenants include senior executives, expats on generous housing packages, and wealthy professionals prioritizing convenience over budget.

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

Sources and methodology: we triangulated neighborhood rankings using Colliers expat housing research, Cushman & Wakefield CBD rental data, and MRT Jakarta accessibility mapping.

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

Top Jakarta neighborhoods for young professionals are Senopati and SCBD for higher budgets, Setiabudi for mid-range, and Blok M along the MRT south corridor for affordability.

Young professionals typically pay IDR 6 million to IDR 12 million monthly ($375 to $750 USD, or €345 to €685 EUR) for studios and 1-bedrooms.

These areas attract young professionals with easy MRT commutes, walkable cafes and coworking spaces, and convenient after-work social scenes.

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

Sources and methodology: we identified preferences by analyzing MRT Jakarta station proximity with CBD employment patterns. We cross-referenced with Cushman & Wakefield demand insights and our tenant survey data.

Where do families prefer to rent in Jakarta right now?

Top Jakarta neighborhoods for families are Pondok Indah, Cilandak, and parts of Kebayoran Baru, offering space and quieter environments.

Families renting 2 to 3 bedrooms typically pay IDR 15 million to IDR 35 million monthly ($940 to $2,190 USD, or €860 to €2,000 EUR), with houses at the higher end.

These neighborhoods attract families with larger floor plans, tree-lined streets, international school proximity, and family-friendly malls.

Top nearby schools include Jakarta Intercultural School in Cilandak, British School Jakarta in Pondok Indah, and several national-plus schools throughout South Jakarta.

Sources and methodology: we mapped family preferences using Colliers expat housing research overlapping with family demand. We validated against Cushman & Wakefield larger-unit data and school proximity analysis.

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

As of January 2026, Jakarta's fastest-renting areas near transit include Dukuh Atas, Setiabudi, Blok M, and Fatmawati MRT stations, plus Kemanggisan and Grogol near BINUS University.

Properties in these areas typically stay listed 14 to 25 days, versus the 35-day citywide average, because tenants prioritize predictable commutes.

The rent premium for MRT-adjacent or campus-proximate Jakarta properties runs IDR 1 million to IDR 2 million monthly ($65 to $125 USD, or €60 to €115 EUR) above comparable units.

Sources and methodology: we cross-referenced MRT Jakarta stations with BINUS University campus data. We estimated days-on-market from Cushman & Wakefield vacancy dynamics and our listing tracking.

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

The top Jakarta neighborhoods for expats are Kemang, Cipete, and Pondok Indah, all in South Jakarta where the expat community has deep roots.

Expats typically pay IDR 20 million to IDR 50 million monthly ($1,250 to $3,125 USD, or €1,140 to €2,860 EUR) for quality houses or large apartments.

These neighborhoods attract expats with Western-style housing, international restaurants and groceries, school proximity, and established expat networks.

The most represented expat communities include Japanese, Korean, European, American, and Australian professionals from multinationals and embassies.

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

Sources and methodology: we relied on Colliers expat housing research naming these as primary hubs. We supplemented with Cushman & Wakefield corporate leasing data and expat client feedback.

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

What tenant profiles dominate rentals in Jakarta?

The top three tenant profiles in Jakarta's rental market are local CBD professionals, young families seeking larger units, and expats plus corporate leaseholders requiring premium move-in-ready properties.

Local professionals represent roughly 50% to 55% of demand, families around 25% to 30%, and expats plus corporate tenants approximately 15% to 20%.

Local professionals seek studios and 1-bedrooms near MRT, families look for 2 to 3 bedrooms in South Jakarta, and expats require furnished houses or serviced apartments.

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

Sources and methodology: we estimated tenant splits using Cushman & Wakefield market structure data. We refined with Colliers expat demand analysis and our tenant database.

Do tenants prefer furnished or unfurnished in Jakarta?

In Jakarta, approximately 70% to 75% of tenants prefer furnished apartments, while only 25% to 30% choose unfurnished.

The furnished premium typically runs IDR 1.5 million to IDR 3 million monthly ($95 to $190 USD, or €85 to €170 EUR) above comparable unfurnished units.

Tenants preferring furnished rentals include expats wanting immediate move-in, young professionals relocating, and anyone seeking leases under two years.

Sources and methodology: we inferred preferences from Colliers expat research emphasizing "move-in ready" demand. We cross-referenced with Cushman & Wakefield leasing patterns and our listing conversion data.

Which amenities increase rent the most in Jakarta?

The top five rent-boosting amenities in Jakarta are direct MRT access, reliable backup power and water, modern gym and pool facilities, secure parking with 24-hour security, and quality building management.

MRT walkability adds IDR 1 million to IDR 2 million monthly ($65 to $125 USD), backup power adds IDR 500,000 to IDR 1 million ($30 to $65 USD), and each premium amenity adds IDR 300,000 to IDR 800,000 ($20 to $50 USD).

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

Sources and methodology: we identified high-value amenities by analyzing Jakarta's urban frictions through MRT Jakarta accessibility data and Cushman & Wakefield premium segment analysis.

What renovations get the best ROI for rentals in Jakarta?

The top five ROI renovations for Jakarta rentals are modernizing kitchens and bathrooms, upgrading AC units, improving lighting and neutral repainting, fixing water pressure, and upgrading furniture to hotel-like quality.

Kitchen and bathroom renovations cost IDR 15 million to IDR 40 million ($940 to $2,500 USD) and increase rent by IDR 1 million to IDR 2 million monthly, while AC upgrades cost IDR 5 million to IDR 15 million ($310 to $940 USD) and add IDR 300,000 to IDR 700,000.

Poor ROI renovations to avoid include luxury marble flooring, swimming pool additions, and high-end fixtures exceeding neighborhood tenant expectations.

Sources and methodology: we derived ROI guidance from Colliers tenant expectation research and Cushman & Wakefield competitive positioning insights for high-vacancy markets.
infographics rental yields citiesJakarta

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 Jakarta as of 2026?

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

As of January 2026, Jakarta's rental apartment vacancy rate sits around 39% to 41%, meaning roughly four in ten units remain unoccupied.

Vacancy ranges from around 30% in prime CBD locations with MRT access to over 50% in older buildings or outer areas with weaker transport.

Jakarta's current vacancy remains elevated versus the historical 25% to 30% average because significant new supply entered over five years while demand grew gradually.

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

Sources and methodology: we anchored our estimate on Cushman & Wakefield MarketBeat vacancy data. We cross-referenced with Knight Frank Indonesia supply analysis and Colliers quarterly tracking.

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

As of January 2026, the average Jakarta rental stays listed approximately 35 days, though this varies significantly by pricing and location.

Days on market ranges from 14 to 25 days for well-priced, MRT-adjacent units to 45 to 90 days for overpriced or poorly maintained properties.

Jakarta's current days-on-market is roughly similar to one year ago, reflecting the persistent high-vacancy environment requiring competitive pricing.

Sources and methodology: we inferred days-on-market from Cushman & Wakefield vacancy dynamics. We validated through Colliers market commentary and our listing tracking data.

Which months have peak tenant demand in Jakarta?

Peak tenant demand months in Jakarta are July through September (university term start) and January through March (corporate relocation season).

Seasonal drivers include the academic calendar for students, corporate budget cycles triggering Q1 relocations, and expat assignment rotations tied to school years.

Lowest demand occurs April through June and October through December, when landlords may need flexible terms or discounts to attract tenants.

Sources and methodology: we identified peaks from Cushman & Wakefield research linking demand to university cycles. We supplemented with Colliers expat leasing pattern insights.

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

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

As of January 2026, Jakarta landlords should budget IDR 2 million to IDR 10 million annually ($125 to $625 USD, or €115 to €570 EUR) for property tax (PBB-P2).

Jakarta property taxes range from under IDR 1 million for modest apartments to over IDR 20 million ($1,250 USD) for premium properties in Menteng, SCBD, or Pondok Indah.

Taxes are calculated based on NJOP (government-assessed value) with progressive rates, as detailed in Jakarta's Perda No. 1/2024.

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

Sources and methodology: we anchored guidance on Bapenda DKI Jakarta official calculations and Perda DKI Jakarta No. 1/2024. We translated into practical monthly budgets.

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

A realistic annual maintenance budget for Jakarta rentals is IDR 15 million to IDR 30 million ($940 to $1,875 USD) for apartments, and IDR 30 million to IDR 60 million ($1,875 to $3,750 USD) for houses.

Maintenance costs range from 1% to 2% of property value annually for condos to 2% to 4% for houses, with older properties needing more repairs.

Most Jakarta landlords set aside 10% to 15% of rental income for maintenance, covering repairs, building charges, and periodic refreshes.

Sources and methodology: we based guidance on Cushman & Wakefield competitive positioning insights. We incorporated Colliers quality expectations and property manager feedback.

What utilities do landlords often pay in Jakarta right now?

In Jakarta, landlords typically pay building service charges and management fees, while tenants pay electricity, water, and internet directly.

Building charges run IDR 500,000 to IDR 2 million monthly ($30 to $125 USD), electricity adds IDR 500,000 to IDR 1.5 million ($30 to $95 USD), and water adds IDR 100,000 to IDR 300,000 ($6 to $19 USD).

Standard practice has landlords paying fixed building fees while tenants handle consumption-based utilities, though some expat rentals include everything.

Sources and methodology: we referenced PLN electricity tariffs and BeritaJakarta PAM JAYA water tariff updates. We combined with Colliers lease structure observations.

How is rental income taxed in Jakarta as of 2026?

As of January 2026, Jakarta rental income is subject to 10% final tax under Indonesia's Article 4(2) rules, calculated on gross rent with no deductions.

Under this final tax system, landlords cannot claim deductions since the 10% rate applies to gross receipts and represents full tax payment.

Common mistakes to avoid include failing to properly withhold or self-pay the 10% tax, and assuming property expenses can reduce taxable income (they cannot).

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

Sources and methodology: we anchored tax guidance on DJP official self-payment explanations and their Article 4(2) scope page. We validated against actual landlord reporting practices.
infographics comparison property prices Jakarta

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 included in our property pack about Jakarta, we always rely on the strongest methodology we can.

We aim to be fully transparent, so below we've listed the authoritative sources we used and our methods behind the estimates.

Source Why We Trust It How We Used It
Cushman & Wakefield MarketBeat (1Q 2025) Major global real estate consultancy with consistent quarterly Jakarta rental methodology. We used their rent-per-square-meter data as our primary pricing backbone and vacancy figures to project January 2026 conditions.
Cushman & Wakefield MarketBeat (2Q 2024) Same consultancy with repeatable framework enabling year-over-year comparisons. We used this to triangulate year-over-year rent movement and for peak months analysis tied to academic calendars.
Colliers Expatriate Housing Report (H1 2025) Major international consultancy with formal research on Jakarta's expat rental segment. We used this to name expat-favored neighborhoods, explain rental preferences, and support tenant expectation insights.
Colliers Jakarta Apartment Report (Q3 2025) Colliers' public research hub with consistent quarter-by-quarter Jakarta tracking. We used this to corroborate continuous professional market monitoring and for market tone triangulation.
Knight Frank Indonesia (1H 2025) Globally established real estate consultancy with recurring Jakarta rental coverage. We used this for supply pipeline context, CBD vs non-CBD splits, and moderate growth views amid high vacancy.
BPS (Statistics Indonesia) Housing CPI Indonesia's official statistics agency with standard, auditable CPI data. We used this to anchor rent narratives to official housing inflation and as a reality check for estimate accuracy.
BPS DKI Jakarta Inflation Statistics Official provincial statistics office publishing Jakarta-specific CPI and inflation. We used this for Jakarta-specific cost trend context and to cross-check rent stories against local data.
Bank Indonesia Property Price Survey (Q3 2025) Indonesia's central bank with recurring structured residential property surveys. We used this for broader housing market cycle framing and to support 2026 rent growth outlook assumptions.
Bapenda DKI Jakarta (Property Tax Guide) Jakarta provincial revenue authority explaining local property tax rules directly. We used this to outline actual annual PBB-P2 costs and translated into practical monthly budgets.
JDIH BPK (Perda DKI Jakarta No. 1/2024) Indonesia's official legal text repository for verifiable regulations. We used this to anchor PBB-P2 structure with primary legal source and proper tax rate grounding.
DJP (Rental Income Tax Guide) Indonesian tax authority's official English guidance on rental income taxation. We used this to state core rental income tax rules and explain payment mechanisms for individuals.
DJP (Article 4(2) Scope Page) Official DJP reference listing transactions under Article 4(2) final tax treatment. We used this to confirm land/building rent falls under Article 4(2) and reduce misclassification risk.
PLN (Electricity Tariff Page) Indonesia's national electricity provider with ministerially-regulated tariffs. We used this to explain electricity cost variations and provide official tariff reference for utilities.
BeritaJakarta (PAM JAYA Tariff News) Official Jakarta government news channel describing water policy implementation. We used this for water tariff change context starting January 2025 and higher 2026 water costs explanation.
MRT Jakarta (Station List) Official MRT operator's network and station reference. We used this to name MRT stations affecting rental demand and support transit-adjacent neighborhood picks.
BINUS University Kemanggisan Official campus page for a major Jakarta university with significant student housing demand. We used this to verify university cluster location and keep campus rental discussion verifiable.

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