As of June 2026, a standard apartment in Surabaya usually costs around Rp 520 million at the median, or about $29,000 and €26,000, while the average apartment price in Surabaya is closer to Rp 750 million, or about $42,000 and €37,500.
Get all the data you need about the real estate market in Surabaya
We constantly update this blog post so foreign buyers can follow the real cost of apartments in Surabaya in 2026 with fresh market data.
Surabaya is still much cheaper than Jakarta and Bali, but the best apartment zones in Surabaya are not equally cheap.
The main thing to understand is simple: in Surabaya, location, building quality and legal eligibility matter more than the lowest listing price.
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 Surabaya.
Insights
- The median apartment price in Surabaya in 2026 is around Rp 520 million, but many foreign buyers should budget higher because legally clean, bankable units are rarely the cheapest listings.
- Surabaya apartments are very local-market driven, so asking prices can look attractive, but real resale strength depends heavily on tower reputation and monthly service charges.
- Pakuwon Indah and Lontar are not always the cheapest places to buy in Surabaya, but they offer deeper resale demand than many cheaper east-side towers.
- Sukolilo remains one of the cheapest serious apartment markets in Surabaya, with student demand helping occupancy, but resale liquidity can be uneven between buildings.
- A normal one-bedroom apartment in Surabaya in 2026 costs about Rp 520 million, or roughly $29,000 and €26,000, before buyer costs.
- For resale apartments in Surabaya, a buyer should usually add about 7% to 9% above the purchase price for tax, notary, title and legal costs.
- New-build apartments in Surabaya can look more expensive than resale units because VAT and developer pricing can lift the total cost by 18% to 22% if VAT is excluded.
- Foreign buyers should be careful with very cheap Surabaya apartment listings because minimum foreign ownership rules and title structure can make some units unsuitable.
- In Surabaya, net rental yield is often decided by service charge discipline, not just by the rent the owner can collect.
How much do apartments really cost in Surabaya in 2026?
What's the average and median apartment price in Surabaya in 2026?
As of June 2026, the estimated median apartment price in Surabaya is about Rp 520 million, or around $29,000 and €26,000, while the estimated average apartment price in Surabaya is closer to Rp 750 million, or around $42,000 and €37,500.
On a floor-area basis, the median apartment price in Surabaya is about Rp 13.5 million per m², or about $750 and €675 per m², which is roughly Rp 1.25 million per sq ft, or about $70 and €63 per sq ft.
For most standard apartments in Surabaya in 2026, a realistic purchase range is about Rp 300 million to Rp 1.4 billion, or roughly $17,000 to $78,000 and €15,000 to €70,000, depending mainly on neighborhood, tower quality and unit size.
How much is a studio apartment in Surabaya in 2026?
As of June 2026, a typical studio apartment in Surabaya costs about Rp 325 million, or around $18,000 and €16,000.
In practice, entry-level to mid-range studios in Surabaya usually cost Rp 230 million to Rp 450 million, or about $13,000 to $25,000 and €11,500 to €22,500, while better mall-linked studios can reach Rp 600 million, or about $33,500 and €30,000.
Most studio apartments in Surabaya are compact, usually around 22 m² to 28 m², which is why the total ticket price can stay low even in good buildings.
How much is a one-bedroom apartment in Surabaya in 2026?
As of June 2026, a typical one-bedroom apartment in Surabaya costs about Rp 520 million, or around $29,000 and €26,000.
Entry-level to mid-range one-bedroom apartments in Surabaya usually cost Rp 350 million to Rp 750 million, or about $20,000 to $42,000 and €17,500 to €37,500, while high-end one-bedroom units in Pakuwon Indah, Gubeng or central Surabaya can reach Rp 900 million, or about $50,000 and €45,000.
A normal one-bedroom apartment in Surabaya is usually around 32 m² to 42 m², with smaller units common in student and budget towers and larger layouts more common in premium projects.
How much is a two-bedroom apartment in Surabaya in 2026?
As of June 2026, a typical two-bedroom apartment in Surabaya costs about Rp 875 million, or around $49,000 and €44,000.
Entry-level to mid-range two-bedroom apartments in Surabaya usually cost Rp 600 million to Rp 1.35 billion, or about $33,500 to $75,000 and €30,000 to €67,500, while luxury or large two-bedroom units in Pakuwon Indah, Darmo, Gubeng and Tegalsari can go above Rp 1.8 billion, or about $100,000 and €90,000.
By the way, you will find much more detailed price ranges for apartments in our property pack covering the property market in Surabaya.
How much is a three-bedroom apartment in Surabaya in 2026?
As of June 2026, a typical three-bedroom apartment in Surabaya costs about Rp 2.1 billion, or around $117,000 and €105,000.
Entry-level to mid-range three-bedroom apartments in Surabaya usually cost Rp 1.4 billion to Rp 3.5 billion, or about $78,000 to $195,000 and €70,000 to €175,000, while luxury three-bedroom units in Tunjungan, Darmo, Pakuwon Indah and Dukuh Pakis can exceed Rp 5 billion, or about $279,000 and €250,000.
Most three-bedroom apartments in Surabaya are around 90 m² to 130 m², so this segment competes directly with landed houses for many local family buyers.
What's the price gap between new and resale apartments in Surabaya in 2026?
As of June 2026, new or recently completed apartments in Surabaya usually sell at a 10% to 25% premium over comparable resale apartments in the same area.
A realistic average price for new-build apartments in Surabaya is around Rp 18 million to Rp 22 million per m², or about $1,000 to $1,230 and €900 to €1,100 per m².
For resale apartments in Surabaya, a realistic average is closer to Rp 14 million to Rp 17 million per m², or about $780 to $950 and €700 to €850 per m², with larger discounts in weaker buildings or unfinished projects.
Make a profitable investment in Surabaya
Better information leads to better decisions. Save time and money. Download our data.
Can I afford to buy in Surabaya in 2026?
What's the typical total budget (all-in) to buy an apartment in Surabaya in 2026?
As of June 2026, a foreign buyer should budget about Rp 560 million to buy a standard resale one-bedroom apartment in Surabaya all-in, or around $31,000 and €28,000.
This all-in budget usually includes the apartment price, BPHTB acquisition tax, notary and PPAT costs, title checks, land-office costs, legal due diligence and possible mortgage-related fees.
We go deeper and try to understand what costs can be avoided or minimized (and how) in our Surabaya property pack.
What down payment is typical to buy in Surabaya in 2026?
As of June 2026, a foreign buyer using financing for a Rp 875 million apartment in Surabaya should plan for about 40% down, or Rp 350 million, which is around $19,500 and €17,500.
Indonesian buyers may see minimum down payments around 10% to 30%, but foreign buyers should assume that banks and lenders will usually want a larger cash contribution.
For safer mortgage terms in Surabaya, a foreign buyer should think in the 40% to 50% range, because a larger down payment reduces bank risk and gives the buyer more choice.
Get fresh and reliable information about the market in Surabaya
Don't base significant investment decisions on outdated data. Get updated and accurate information.
Which neighborhoods are cheapest or priciest in Surabaya in 2026?
How much does the price per m² for apartments vary by neighborhood in Surabaya in 2026?
As of June 2026, apartment prices in Surabaya range from about Rp 7 million to Rp 35 million per m², or roughly $390 to $1,950 and €350 to €1,750 per m², depending on neighborhood and building quality.
The most affordable apartment areas in Surabaya are usually Sukolilo, Keputih, non-prime Mulyorejo, Gayungan and parts of Wonokromo, where typical prices are about Rp 7 million to Rp 15 million per m², or about $390 to $840 and €350 to €750 per m².
The most expensive apartment areas in Surabaya are usually Tegalsari, Tunjungan, Darmo, Genteng, Gubeng and Pakuwon Indah, where good stock often sits around Rp 18 million to Rp 35 million per m², or about $1,000 to $1,950 and €900 to €1,750 per m².
What neighborhoods are best for first-time buyers on a budget in Surabaya in 2026?
As of June 2026, the three best budget neighborhoods for first-time apartment buyers in Surabaya are Sukolilo, Mulyorejo and Wonokromo.
In these budget-friendly Surabaya neighborhoods, a practical apartment price range is about Rp 250 million to Rp 650 million, or roughly $14,000 to $36,000 and €12,500 to €32,500.
Sukolilo offers student demand near ITS, Mulyorejo offers campus, hospital and east-side mall access, and Wonokromo gives more central access without central premium prices.
The trade-off is that some cheaper Surabaya apartment towers can have smaller layouts, older facilities, weaker maintenance or slower resale than the best Pakuwon Indah buildings.
Which neighborhoods have the fastest-rising apartment prices in Surabaya in 2026?
As of June 2026, the fastest-rising apartment areas in Surabaya are likely Pakuwon Indah and Lontar, Wiyung, and Pakuwon City or Mulyorejo.
Estimated year-over-year apartment asking-price growth is about 3% to 6% in Pakuwon Indah and Lontar, about 3% to 5% in Wiyung, and about 2% to 5% in Pakuwon City or Mulyorejo.
The main driver is not only central-city access, because Surabaya buyers also pay for mall access, schools, hospitals, master-planned areas and buildings with reliable management.
Get to know the market before buying a property in Surabaya
Better information leads to better decisions. Get all the data you need before investing a large amount of money.
What extra costs will I pay on top of the apartment price in Surabaya in 2026?
What are all the buyer closing costs when you buy an apartment in Surabaya?
For a typical Rp 750 million resale apartment in Surabaya, buyer closing costs are usually about Rp 55 million to Rp 70 million, or roughly $3,100 to $3,900 and €2,750 to €3,500.
The main buyer costs in Surabaya are BPHTB acquisition tax, notary and PPAT work, AJB deed work, title transfer, certificate checks, legal due diligence and possible mortgage charges.
The largest buyer cost is usually BPHTB, because Surabaya applies the local acquisition tax framework set under the city’s local tax regulation.
Some costs can vary or be negotiated, especially agent fees, notary choice, legal due diligence scope and whether the seller clears service-charge arrears before transfer.
On average, how much are buyer closing costs as a percentage of the purchase price for an apartment in Surabaya?
For a resale apartment in Surabaya, buyers should usually budget about 7% to 9% of the purchase price for closing costs.
A realistic low-to-high range for most standard Surabaya apartment transactions is about 6% to 11%, while new-build purchases can be much higher if VAT is not already included.
We actually cover all these costs and strategies to minimize them in our pack about the real estate market in Surabaya.
Buying real estate in Surabaya can be risky
An increasing number of foreign investors are showing interest. However, 90% of them will make mistakes. Avoid the pitfalls with our comprehensive guide.
What are the ongoing monthly and yearly costs of an apartment in Surabaya in 2026?
What are typical HOA fees in Surabaya right now?
HOA fees in Surabaya are usually called service charges and sinking funds, and a normal 45 m² apartment often costs about Rp 540,000 to Rp 1.1 million per month, or about $30 to $61 and €27 to €55.
Across the market, basic Surabaya buildings can be around Rp 12,000 per m² per month, while premium buildings in Pakuwon Indah, Tunjungan, Darmo and Dukuh Pakis can exceed Rp 25,000 per m² per month.
What utilities should I budget monthly in Surabaya right now?
For a typical apartment in Surabaya, a normal monthly utility budget is about Rp 800,000 to Rp 1.8 million, or roughly $45 to $100 and €40 to €90.
A light user in a small studio can spend less, while a larger apartment with heavy air-conditioning can move above Rp 2 million per month, or about $110 and €100.
This utility budget usually includes electricity, water, internet, drinking water, gas or small household extras, and basic tenant-use costs.
Electricity is usually the most expensive utility in Surabaya apartments because air-conditioning use is high in Surabaya’s hot and humid climate.
How much is property tax on apartments in Surabaya?
A normal apartment in Surabaya usually has annual PBB property tax of about Rp 500,000 to Rp 2 million, or around $28 to $110 and €25 to €100.
Surabaya property tax is based on the local PBB system and taxable NJOP value, so the exact number comes from the unit’s SPPT PBB rather than from the asking price alone.
For most standard Surabaya apartments, annual PBB can range from about Rp 150,000 on a small budget unit to more than Rp 6 million on a larger premium unit, or about $8 to $335 and €7 to €300.
What's the yearly building maintenance cost in Surabaya?
For a typical Rp 750 million apartment in Surabaya, yearly building maintenance and owner reserve costs are about Rp 4 million to Rp 8 million, or around $220 to $450 and €200 to €400.
A realistic yearly range is about 0.5% to 1.0% of the apartment value, with older towers and furnished rental units needing the higher end.
These costs usually include AC servicing, repainting, small repairs, appliance replacement, furniture wear, tenant turnover and occasional building contributions.
In Surabaya, some maintenance is already inside the monthly service charge, but owners should still keep a separate reserve because special assessments can appear in older buildings.
How much does home insurance cost in Surabaya?
A normal small or mid-market apartment in Surabaya usually costs about Rp 500,000 to Rp 2 million per year to insure, or roughly $28 to $110 and €25 to €100.
A more realistic annual insurance range is about Rp 500,000 to Rp 5 million, or roughly $28 to $280 and €25 to €250, depending on furniture value, coverage level and apartment size.
Home insurance is usually optional for cash buyers in Surabaya, but a bank may require insurance if the apartment is financed with a mortgage.
Get the full checklist for your due diligence in Surabaya
Don't repeat the same mistakes others have made before you. Make sure everything is in order before signing your sales contract.
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 Surabaya, 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 | Why this source matters | How we used it |
|---|---|---|
| Bank Indonesia, Residential Property Price Survey Q1 2026 | Indonesia’s central bank is the best official source for national residential price momentum. | We used it to anchor the national 2026 pricing backdrop. We treated Surabaya apartment numbers as local market estimates, not official transaction averages. |
| BPS Kota Surabaya, Kota Surabaya Dalam Angka 2026 | BPS is Indonesia’s official statistics agency. | We used it to frame Surabaya as a large and dense urban market. We did not use it for apartment prices because BPS does not publish neighborhood apartment transaction prices. |
| Colliers Annual Property Market Report 2025 Surabaya Apartment | Colliers is a major real estate consultancy with dedicated Surabaya apartment research. | We used it to understand buyer confidence and demand quality. We also used it to explain why ready-to-move-in units deserve stronger pricing than risky off-plan units. |
| Rumah123 Surabaya apartment listings | Rumah123 gives a broad live sample of apartment asking prices in Surabaya. | We used it to triangulate citywide asking prices and inventory depth. We treated the data as asking prices, then adjusted for negotiation and listing noise. |
| Rumah123 Pakuwon Indah apartment listings | It gives a large local sample for one of Surabaya’s most liquid apartment zones. | We used it to benchmark West Surabaya premium pricing. We also used it to understand resale competition around Pakuwon Mall and Lontar. |
| Rumah123 Sukolilo apartment listings | It gives a useful sample for Surabaya’s lower-cost east-side apartment market. | We used it to benchmark the budget end of the market. We cross-checked the result with 99.co and Lamudi before estimating low-end prices. |
| Rumah123 Mulyorejo apartment listings | Mulyorejo is a key east-side apartment area with campus and hospital demand. | We used it to estimate prices around Pakuwon City, Kalisari and east Surabaya lifestyle stock. We separated prime and non-prime Mulyorejo units. |
| 99.co Surabaya apartment listings | 99.co is a recognized Indonesian property marketplace with searchable listings. | We used it as a second listing source to test whether Rumah123 prices looked realistic. We used low-end examples to estimate budget studios and small one-bedroom units. |
| 99.co Sukolilo apartment listings | It is helpful for checking student-oriented and lower-budget apartment supply. | We used it to cross-check Sukolilo and Keputih entry prices. We treated very cheap listings carefully because not all are suitable for foreign buyers. |
| Lamudi Surabaya apartment listings | Lamudi is an established property portal operating across Indonesia. | We used it to cross-check unit-level asking prices in Pakuwon, Mulyorejo and luxury buildings. We used it only as private-sector asking data. |
| Lamudi Pakuwon apartment listings | It gives useful unit examples in one of Surabaya’s strongest apartment clusters. | We used it to check furnished studio and one-bedroom pricing near Pakuwon. We used these examples to refine the West Surabaya premium range. |
| Numbeo Surabaya property prices | Numbeo is not official, but it is transparent about sample size and update timing. | We used it as a light sense-check for price and rent ratios. We down-weighted it because sample sizes can be small. |
| Surabaya Perda No. 7/2023 on local taxes and retributions | BPK’s regulation database is an official legal source. | We used it for Surabaya’s local tax framework. We used the legal rates to estimate buyer taxes and yearly property tax context. |
| Surabaya PBB online portal | This is Surabaya’s official PBB service portal. | We used it to confirm that annual property tax is administered locally. We also used it to remind buyers to check the exact SPPT for the apartment. |
| JDIH Surabaya Perwali No. 33/2024 | JDIH Surabaya is the city’s official legal documentation portal. | We used it to support the local tax implementation context. We used it as a check on how Surabaya applies local tax rules in practice. |
| Permen ATR/BPN No. 18/2021 | This is an official regulation source for land and apartment rights. | We used it to frame foreign ownership restrictions and legal title issues. We did not treat it as price data. |
| Exchange-Rates.org USD to IDR 2026 history | It gives dated 2026 exchange-rate history for dollar conversions. | We used it to convert rupiah estimates into approximate US dollars. We rounded conversions so readers can process prices quickly. |
| Exchange-Rates.org EUR to IDR 2026 history | It gives dated 2026 exchange-rate history for euro conversions. | We used it to convert rupiah estimates into approximate euros. We rounded the euro values because exchange rates move daily. |
Make a profitable investment in Surabaya
Better information leads to better decisions. Save time and money. Download our data.