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We constantly update this blog post so that Singapore rent figures stay useful for buyers, landlords, and investors.
As of June 2026, Singapore rents are no longer rising as fast as they did after the pandemic, but good homes near MRT stations still lease well.
This guide focuses only on residential rents in Singapore, including private condos, apartments, and HDB flats where relevant.
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 Singapore.
What are typical rents in Singapore as of 2026?
What's the average monthly rent for a studio in Singapore as of 2026?
As of 2026, the average monthly rent for a studio in Singapore is about S$3,200, which is roughly $2,500 or €2,200.
In practice, most studio rents in Singapore in 2026 sit between S$2,700 and S$4,500 per month, or about $2,100 to $3,500 and €1,800 to €3,100.
The main reason for this wide range is simple: a small studio near Tanjong Pagar, River Valley, Bugis, or Novena can rent for much more than a similar studio in Pasir Ris, Punggol, Sengkang, or Jurong East.
What's the average monthly rent for a 1-bedroom in Singapore as of 2026?
As of 2026, the average monthly rent for a 1-bedroom apartment in Singapore is about S$4,300, which is roughly $3,300 or €2,900.
For most tenants, a realistic 1-bedroom rent range in Singapore in 2026 is S$3,200 to S$5,500 per month, or about $2,500 to $4,200 and €2,200 to €3,700.
The cheapest 1-bedroom rents are usually found in Sengkang, Punggol, Woodlands, and Pasir Ris, while the highest 1-bedroom rents are usually in Orchard, Marina Bay, River Valley, Tanjong Pagar, and Novena.
What's the average monthly rent for a 2-bedroom in Singapore as of 2026?
As of 2026, the average monthly rent for a 2-bedroom apartment in Singapore is about S$6,000, which is roughly $4,600 or €4,100.
Most 2-bedroom condo rents in Singapore in 2026 fall between S$4,500 and S$8,000 per month, or about $3,500 to $6,200 and €3,100 to €5,400.
The lower end is more common in suburban areas like Woodlands, Punggol, Sengkang, and Pasir Ris, while the most expensive 2-bedroom homes are usually in Orchard, Marina Bay, River Valley, Sentosa Cove, and Tanjong Pagar.
By the way, you will find much more detailed rent ranges in our property pack covering the real estate market in Singapore.
What's the average rent per square meter in Singapore as of 2026?
As of 2026, the average rent per square meter in Singapore is about S$60 per month, which is roughly $46 or €41.
A realistic range across Singapore in 2026 is about S$30 to S$90 per square meter per month, or about $23 to $69 and €20 to €61, with HDB flats near the lower end and private condos near the higher end.
Compared with many major Southeast Asian cities, Singapore rents per square meter are high, because Singapore combines limited land, high salaries, strong expat demand, and strict housing supply controls.
Homes in Singapore usually rent above average when they are near an MRT station, close to the CBD, inside a newer condo, on a high floor, or within easy reach of schools and business hubs.
How much have rents changed year-over-year in Singapore in 2026?
As of 2026, average private residential rents in Singapore are broadly flat to slightly lower year over year, with most estimates sitting around -1% to +1%.
The main reason is that Singapore rental demand is still supported by foreign professionals and local households, but landlords now face more completed homes, more vacant units, and more tenants who compare options carefully.
This is very different from 2022 and 2023, when Singapore rents rose sharply and many tenants had very little room to negotiate.
What's the outlook for rent growth in Singapore in 2026?
As of 2026, our base estimate is that Singapore rents will move between -1% and +3% for private homes, while HDB whole-flat rents may move between 0% and +4%.
The main supports are expat demand, work-pass holders, university demand, and households waiting for housing completion, while the main brake is higher vacancy and more rental supply.
The strongest rent growth in Singapore in 2026 is most likely near one-north, Buona Vista, Queenstown, Paya Lebar, Jurong East, and well-connected suburban MRT nodes.
The main risks are a weaker hiring market, more completed units than expected, tighter budgets from tenants, or a sudden drop in corporate relocation demand.
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Which neighborhoods rent best in Singapore as of 2026?
Which neighborhoods have the highest rents in Singapore as of 2026?
As of 2026, the three highest-rent areas in Singapore are Orchard or Tanglin, Marina Bay or Tanjong Pagar, and River Valley or Robertson Quay, where many good 2-bedroom condos rent around S$7,500 to S$10,000 per month, or about $5,800 to $7,700 and €5,100 to €6,800.
These neighborhoods command premium rents because they are close to the CBD, luxury malls, embassies, restaurants, MRT stations, waterfront areas, and Singapore’s strongest expat housing demand.
The typical tenant in these high-rent Singapore neighborhoods is a senior expat, a corporate assignee, a finance or tech professional, or a family that wants an easy commute and a prime lifestyle.
By the way, we’ve written a blog article detailing Sources and methodology: we compared URA project-level rental contracts, Savills leasing research, and PropertyGuru listings. We focused on achieved prime rents and current listing depth. We also used our own neighborhood scoring for tenant depth and liquidity.
Where do young professionals prefer to rent in Singapore right now?
The top three areas for young professionals renting in Singapore are Tanjong Pagar, Bugis or Rochor, and Queenstown or Tiong Bahru.
In these Singapore neighborhoods, young professionals often pay about S$3,500 to S$5,800 per month for a studio or 1-bedroom condo, which is roughly $2,700 to $4,500 and €2,400 to €3,900.
Young professionals like these areas because the commute is short, the MRT access is strong, and cafés, gyms, food, nightlife, and co-working spaces are easy to reach.
By the way, you will find a detailed tenant analysis in our property pack covering the real estate market in Singapore.
Where do families prefer to rent in Singapore right now?
The top three family-friendly rental areas in Singapore are Bukit Timah or Holland Village, River Valley or Tanglin, and East Coast or Katong.
Families renting 2-bedroom or 3-bedroom homes in these Singapore areas often pay about S$5,800 to S$10,000 per month, or about $4,500 to $7,700 and €3,900 to €6,800.
Families choose these neighborhoods because they offer larger homes, parks, quieter streets, condo facilities, international schools, and good access to daily services.
Popular school options near these areas include Singapore American School for northern families, Tanglin Trust School near One-North, United World College of South East Asia near Dover and Tampines, and several strong local schools around Bukit Timah and East Coast.
Which areas near transit or universities rent faster in Singapore in 2026?
As of 2026, the fastest-renting transit and university areas in Singapore are Clementi or Dover, Buona Vista or one-north, and Jurong East.
Well-priced homes in these high-demand Singapore areas can rent in about 15 to 30 days, while overpriced or larger units can still take 45 days or more.
A home within easy walking distance of an MRT station, university, or major job node can command a rent premium of about S$300 to S$800 per month, or roughly $230 to $620 and €200 to €540.
Which neighborhoods are most popular with expats in Singapore right now?
The top three expat rental areas in Singapore are River Valley or Robertson Quay, Orchard or Tanglin, and Holland Village or Bukit Timah.
Expats in these Singapore neighborhoods often pay about S$4,500 to S$9,500 per month, or about $3,500 to $7,300 and €3,100 to €6,500, depending on size and building quality.
These areas attract expats because they offer international schools, Western restaurants, short commutes, condo facilities, English-speaking services, and an easy landing experience for new arrivals.
The most visible expat groups in these neighborhoods include British, American, Australian, French, Indian, mainland Chinese, Japanese, and European professionals, although the mix varies by school, company, and budget.
And if you are also an expat, you may want to read our Sources and methodology: we used Population in Brief 2025, Savills leasing research, and URA rental contracts. We used population data for tenant demand, not for rent pricing. We also checked our own expat-area scoring for Singapore.
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Who rents, and what do tenants want in Singapore right now?
What tenant profiles dominate rentals in Singapore?
The three biggest tenant groups in Singapore are foreign professionals, local households between homes, and students or corporate assignees.
As a simple working estimate for Singapore in 2026, foreign professionals represent about 45% of private rental demand, local households about 35%, and students or corporate assignees about 20%.
Foreign professionals often seek studios and 1-bedroom condos, local households often seek HDB flats or 2-bedroom and 3-bedroom homes, and corporate assignees often seek furnished condos in prime or city-fringe districts.
If you want to optimize your cashflow, you can read our Sources and methodology: we used Population in Brief 2025, HDB median rent data, and Savills leasing research. The tenant percentages are estimates, not official counts. We used our own tenant segmentation to make the market easier to understand.
Do tenants prefer furnished or unfurnished in Singapore?
In Singapore in 2026, we estimate that about 55% to 65% of tenants prefer furnished or partly furnished rentals, while about 35% to 45% prefer mostly unfurnished homes.
A furnished apartment in Singapore can often command S$150 to S$500 more per month, or about $120 to $390 and €100 to €340, if the furniture is clean, practical, and not outdated.
Furnished rentals are most popular with expats, students, short-stay professionals, and young tenants, while local families often prefer space for their own furniture.
Which amenities increase rent the most in Singapore?
The five amenities that usually increase rent the most in Singapore are short MRT walking distance, strong air-conditioning, condo pool and gym facilities, a modern kitchen and bathroom, and a high floor or unblocked view.
In Singapore, these features can add roughly S$150 to S$1,000 per month, or about $120 to $770 and €100 to €680, with MRT access often creating the strongest premium.
In our property pack covering the real estate market in Singapore, we cover what are the best investments a landlord can make.
What renovations get the best ROI for rentals in Singapore?
The five rental renovations with the best ROI in Singapore are new air-conditioning, fresh paint, cleaner bathrooms, better lighting, and practical storage.
As a simple guide, these upgrades can cost about S$800 to S$12,000 in total, or about $620 to $9,200 and €540 to €8,100, and may add about S$100 to S$700 per month if the unit was tired before the work.
Landlords in Singapore should usually avoid very personal luxury designs, expensive marble-heavy renovations, built-in furniture that limits flexibility, and fragile finishes that age badly in a humid climate.
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How strong is rental demand in Singapore as of 2026?
What's the vacancy rate for rentals in Singapore as of 2026?
As of 2026, the private residential vacancy rate in Singapore is about 6.2%, which means tenants have more choice than during the tight 2022 to 2023 period.
Across Singapore, a realistic vacancy range is about 3% to 8%, with the tightest conditions near strong MRT, school, and job nodes and softer conditions in large or expensive prime units.
Compared with the tightest post-pandemic years, the 2026 vacancy rate in Singapore looks more normal and gives tenants more negotiating power.
Finally please note that you will have all the indicators you need in our property pack covering the real estate market in Singapore.
How many days do rentals stay listed in Singapore as of 2026?
As of 2026, a well-priced rental home in Singapore usually stays listed for about 20 to 45 days.
The realistic range is under 2 to 3 weeks for sharp-priced homes near MRT stations or universities, 20 to 45 days for normal condos and HDB flats, and 45 to 75 days for overpriced or large prime homes.
Compared with one year earlier, Singapore rentals in 2026 generally take a little longer to lease because tenants now have more listings to compare.
Which months have peak tenant demand in Singapore?
The peak months for tenant demand in Singapore are usually January to March and July to August.
These periods are stronger because of new work contracts, expat relocations, school calendars, university moves, and households trying to settle before major life changes.
The quieter months in Singapore are usually November and December, unless a rental home is very well priced or near a strong job or school node.
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What will my monthly costs be in Singapore as of 2026?
What property taxes should landlords expect in Singapore as of 2026?
As of 2026, a landlord renting out a typical Singapore condo should often expect annual property tax of about S$7,000 to S$10,000, or roughly $5,400 to $7,700 and €4,800 to €6,800.
A realistic property-tax range for rented residential property in Singapore is about S$3,000 to S$20,000 per year, or about $2,300 to $15,400 and €2,000 to €13,600, depending mainly on Annual Value and rent level.
Singapore property tax is based on Annual Value, and rented residential homes usually fall under non-owner-occupied progressive tax rates, so higher-rent homes face higher tax bills.
Please note that, in our property pack covering the real estate market in Singapore, we cover what exemptions or deductions may be available to reduce property taxes for landlords.
What utilities do landlords often pay in Singapore right now?
In Singapore, landlords most often pay condo maintenance fees, property tax, fire insurance, major repairs, and sometimes air-conditioning servicing if the lease says so.
Typical monthly landlord-paid costs can be about S$300 to S$800 for condo maintenance, S$580 to S$830 for property tax on a mid-market rented condo, and S$20 to S$60 for insurance, or about $230 to $620, $450 to $640, and $15 to $45 respectively.
The common practice in Singapore is that tenants pay electricity, water, gas, broadband, and daily usage costs, while landlords pay ownership costs and larger repairs.
How is rental income taxed in Singapore as of 2026?
As of 2026, rental income in Singapore is taxable as personal income after allowable deductions, so the final tax depends on the landlord’s total taxable income and marginal tax rate.
Common deductions include property tax, fire insurance, repairs, agent fees, maintenance charges, mortgage interest, and in some cases the 15% deemed rental-expense option for individuals.
A common Singapore-specific mistake is mixing up property tax with income tax, forgetting that Annual Value drives property tax, or claiming private expenses that IRAS does not treat as rental expenses.
We cover these mistakes, among others, in our Sources and methodology: we used IRAS rental income guidance, IRAS deemed rental expenses guidance, and IRAS 2026 property tax information. We separated rental income tax from property tax because they are different costs. We also used our own landlord examples to make the rules easier to understand.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Singapore 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.
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 Singapore, we always rely on the strongest methodology we can, and we don’t throw out numbers at random.
We also aim to be fully transparent, so below we’ve listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source used | Why we trust it | How we used it |
|---|---|---|
| URA private residential rental index | URA is Singapore’s official authority for private housing market data. | We used it to anchor the direction of private residential rents in Singapore in 2026. We treated this source as stronger than portal asking rents because it is based on tenancy returns. |
| URA non-landed rental statistics | URA publishes actual rental contracts for private non-landed homes by development. | We used it to check condo rent levels by project and area. We gave it strong weight because it reflects completed leases, not just advertised rents. |
| HDB median rents by town and flat type | HDB is Singapore’s official public housing agency. | We used it to benchmark HDB whole-flat rents by town and size. We included HDB rents so the article would not focus only on private condos. |
| HDB Q1 2026 rental market release | HDB gives fresh quarterly data on approved rental activity and public housing trends. | We used it to cross-check public-flat rental demand in early 2026. We treated rental approvals as a useful demand signal for the mass market. |
| SingStat and URA vacant private residential stock | SingStat republishes official vacancy and completed-stock data from Singapore agencies. | We used it to estimate private residential vacancy in 2026. We used vacancy as one of the clearest signs of how much choice tenants have. |
| IRAS property tax rates | IRAS is Singapore’s official tax authority. | We used it to explain non-owner-occupied residential property tax. We linked the tax discussion to Annual Value because this is how Singapore property tax is calculated. |
| IRAS 2026 property tax bill page | IRAS explains how current-year property tax bills are treated. | We used it to confirm how 2026 property tax bills relate to Annual Value. We separated property tax from rental income tax so readers do not confuse the two. |
| IRAS rental income tax guide | IRAS is the primary source for Singapore rental income tax rules. | We used it to explain that net rental income is taxable. We also used it to list common deductible expenses for landlords. |
| IRAS deemed rental expenses guide | This IRAS guide explains the simplified expense method for individual landlords. | We used it to mention the 15% deemed-expense option. We included this because it is practical for small landlords who want simpler tax reporting. |
| Population in Brief 2025 | This is an official Singapore population publication. | We used it to connect rental demand with non-resident population growth. We used it as a tenant-demand source, not as a rent-price source. |
| SingStat Key Household Income Trends 2025 | SingStat is Singapore’s national statistics office. | We used it to frame tenant affordability in Singapore. We checked whether rent ranges were realistic compared with local household incomes. |
| Savills Q1 2026 residential leasing report | Savills is a major property consultancy with regular Singapore research. | We used it to understand leasing momentum and tenant behavior in 2026. We treated it as secondary evidence behind official URA and HDB data. |
| Cushman & Wakefield Q1 2026 URA comments | Cushman & Wakefield is a major real-estate consultancy commenting on official URA data. | We used it to cross-check Q1 2026 rent and vacancy readings. We used it especially for submarket interpretation and near-term market tone. |
| 99.co and SRX May 2026 rental update | 99.co and SRX are important Singapore property-market data providers. | We used it to sense current rental market timing and listing behavior. We did not use it as the primary source for official rent levels. |
| PropertyGuru rental listings | PropertyGuru is one of Singapore’s largest property portals. | We used it to check live asking rents, listing depth, and common amenities. We treated asking rents as weaker evidence than completed rental contracts. |
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