🇸🇦 Middle East ↑ +11.2% YoY

Average Rent in Riyadh (2026)

Monthly rental prices for studios, 1-bedroom, 2-bedroom, 3-bedroom and larger apartments in Riyadh, Saudi Arabia. Updated April 2026.

Avg. Gross Yield
6.9%
per year

Monthly Rent by Apartment Type

Unit Type Min (SAR) Avg (SAR) Max (SAR)
Studio 1,500 2,400 3,500
1 Bedroom 2,000 3,800 6,000
2 Bedrooms 3,000 5,800 9,000
3 Bedrooms 4,500 8,500 14,000
4BR / Villa 7,000 14,000 30,000

All prices in SAR per month. Data represents 2026 market averages.

Rent by Neighbourhood in Riyadh

Al Olaya (Olaya District)
CBD Premium
Very High
SAR 5,500 / month (1BR avg)
Al Malqa
Upscale Res
High
SAR 4,200 / month (1BR avg)
Diplomatic Quarter
Embassy/Exec
High
SAR 6,000 / month (1BR avg)
Al Nakheel
Family
High
SAR 3,800 / month (1BR avg)
Al Sahafa
Mid-market
Medium
SAR 2,800 / month (1BR avg)

Riyadh Rental Market Overview

Riyadh is experiencing its fastest rental growth in a decade, driven by Vision 2030 mega-projects, the HQ2 program attracting multinationals, and population growth. Demand significantly outpaces supply in premium and mid-market segments.

Key Insights for Landlords

  • HQ2 program is driving corporate housing demand for senior expats and executives.
  • Furnished apartment demand is very high — 25–35% premium over unfurnished.
  • Ejar platform (Ministry of Justice) manages rental contract registration.
  • Female tenants can now sign contracts independently — market has expanded significantly.
  • Giga-projects (NEOM, Qiddiya, Red Sea) are creating new rental demand hubs.

Riyadh at a Glance

Country 🇸🇦 Saudi Arabia
Currency SAR
Population 7.7M
YoY Rent Change +11.2%
Avg Gross Yield 6.9%
Studio (avg) SAR 2,400
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Frequently Asked Questions

What is the average rent in Riyadh in 2026?

The average rent in Riyadh ranges from SAR 2,400/month for a studio to SAR 8,500/month for a 3-bedroom apartment. A 1-bedroom apartment averages SAR 3,800/month.

Are rents in Riyadh increasing?

Rents in Riyadh are rising with a year-on-year change of +11.2%. Riyadh is experiencing its fastest rental growth in a decade, driven by Vision 2030 mega-projects, the HQ2 program attracting multinationals, and population growth. Demand significantly outpaces supply in premium and mid-market segments.

What is the rental yield in Riyadh?

The average gross rental yield in Riyadh is 6.9% per year. Use our rental yield calculator for Riyadh to estimate returns for specific properties.