🇸🇬 Southeast Asia ↓ -3.2% YoY

Average Rent in Singapore (2026)

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

Avg. Gross Yield
3.5%
per year

Monthly Rent by Apartment Type

Unit Type Min (SGD) Avg (SGD) Max (SGD)
Studio / 1BR 2,200 3,100 4,500
2 Bedroom 3,000 4,200 6,000
3 Bedroom 4,500 6,500 9,000
4 Bedroom 7,000 10,500 16,000
Good Class Bungalow 12,000 20,000 40,000

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

Rent by Neighbourhood in Singapore

Orchard / River Valley
Prime District
High
SGD 5,500 / month (1BR avg)
Marina Bay / CBD
Financial
High
SGD 6,000 / month (1BR avg)
Holland Village / Dempsey
Expat Enclave
High
SGD 4,800 / month (1BR avg)
Tampines / Pasir Ris
HDB East
High
SGD 2,800 / month (1BR avg)
Buona Vista / One-North
Tech Hub
High
SGD 3,800 / month (1BR avg)

Singapore Rental Market Overview

Singapore remains Asia's most expensive rental market. After a sharp surge in 2022–2023, rents have begun moderating in 2024. The market is driven by a large expat community, financial sector, and strict supply controls. HDB resale and private condo segments serve different income brackets.

Key Insights for Landlords

  • Stamp duty applies for leases > 4 years — additional buyer's stamp duty for foreigners.
  • HDB flats are publicly owned housing — minimum occupation period before renting applies.
  • Employment Pass/S-Pass holders are the primary expat renter segment.
  • Singapore's rental market is one of the most transparent globally — listed on PropertyGuru.
  • Annual price caps recommended by URA for certain segments.

Singapore at a Glance

Country 🇸🇬 Singapore
Currency SGD
Population 5.9M
YoY Rent Change -3.2%
Avg Gross Yield 3.5%
Studio (avg) SGD 3,100
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Frequently Asked Questions

What is the average rent in Singapore in 2026?

The average rent in Singapore ranges from SGD 3,100/month for a studio to SGD 10,500/month for a 3-bedroom apartment. A 1-bedroom apartment averages SGD 4,200/month.

Are rents in Singapore increasing?

Rents in Singapore are softening with a year-on-year change of -3.2%. Singapore remains Asia's most expensive rental market. After a sharp surge in 2022–2023, rents have begun moderating in 2024. The market is driven by a large expat community, financial sector, and strict supply controls. HDB resale and private condo segments serve different income brackets.

What is the rental yield in Singapore?

The average gross rental yield in Singapore is 3.5% per year. Use our rental yield calculator for Singapore to estimate returns for specific properties.