Compass Real Estate > Cambodia Real Estate Information > Others > Exclusive! Start from $275/mon to rent a delicate apartment in Phnom Penh

Exclusive! Start from $275/mon to rent a delicate apartment in Phnom Penh

2022-03-30
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Summary:Phnom Penh, a prosperous city as a heart of political, religious, economic, and culture. How much does it cost to rent a delicate apartment here?

Phnom Penh is Cambodia's capital and largest and most prosperous city, the country's political, economic, cultural, religious and transportation center. As of 2019, Cambodia has a population of 16 million, of which Phnom Penh's population has exceeded 2.28 million, accounting for 13.82% of Cambodia's population. With the continuous growth of the capital's population, the people's housing has become a just-needed problem, and the real estate industry in Phnom Penh has developed rapidly. Those who have enough savings will choose to buy property, while most people who come to study, do business and work from abroad choose to rent.

How much does it cost to rent a house in a prosperous city like Phnom Penh?

According to COMPASS’s data, the rental of apartments in Phnom Penh is not very high, and the average monthly rent is only $785/month. In terms of regional distribution, the rent in the Phnom Penh Riverside area is higher than that in other areas, especially in Chroy Changvar District, Makara District and Daun Penh District. The average rental is $1566/month, $1121/month and $1013/month, respectively. The average rental of Chamkarmon District and BKK District, which are most popular with foreigners, is only $550/month and $777/month. According to the type of apartment in Phnom Penh, the average price of a Studio unit is $501/month, a one-bedroom unit is $570/month, 2 bedrooms $886/month, 3 bedrooms $1675/month.

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Disclaimer: The re-forward articles on Compass website are for the purpose of conveying more information, and it does not mean that the Compass website agrees with its views or confirms the authenticity of its content. Article noted as "Source: Compass original", please note that the source from Compass. The content of the article is for reference only and should not consider as investment advice, and it does not mean that Compass agree with its views.

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