Last Updated: Sept. 24, 2022
JAKARTA - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
South Jakarta
Studio	$66,172	$596	10.80%
1-Bedroom	$132,344	$1,191	10.80%
2-Bedroom	$224,985	$1,575	8.40%
3-Bedroom	$363,947	$2,316	7.64%
4+Bedroom	$853,621	$4,764	6.70%
West Jakarta
Studio	$39,703	$193	5.83%
1-Bedroom	$58,983	$292	5.95%
2-Bedroom	$76,098	$331	5.22%
3-Bedroom	$185,282	$662	4.29%
4+Bedroom	$324,884	$744	2.75%
North Jakarta
Studio	$21,506	$138	7.69%
1-Bedroom	$59,555	$248	5.00%
2-Bedroom	$39,703	$210	6.33%
3-Bedroom	$165,415	$551	4.00%
4+Bedroom	$221,656	$827	4.48%
Central Jakarta
Studio	$62,858	$121	2.32%
1-Bedroom	$69,474	$110	1.90%
2-Bedroom	$86,016	$165	2.31%
3-Bedroom	$198,498	$248	1.50%
4+Bedroom	$317,597	$717	2.71%
East Jakarta
Studio	$34,406	$83	2.88%
1-Bedroom	$41,685	$94	2.70%
2-Bedroom	$39,045	$96	3.04%
3-Bedroom	$51,609	$210	4.87%
Jakarta avg. Rental Yields			5.00%
SOUTH TANGERANG - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
South Tangerang (all locations)
Studio	$32,024	$193	7.23%
1-Bedroom	$39,700	$248	7.50%
2-Bedroom	$79,399	$358	5.42%
3-Bedroom	$198,498	$579	3.50%
4+Bedroom	$205,115	$648	3.79%
South Tangerang avg. Rental Yields			5.49%
DEPOK - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Depok (all locations)
Studio	$22,496	$66	3.53%
1-Bedroom	$26,334	$83	3.77%
2-Bedroom	$39,700	$83	2.50%
Depok avg. Rental Yields			3.27%
SURABAYA - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Surabaya (all locations)
Studio	$25,805	$154	7.18%
1-Bedroom	$29,775	$176	7.11%
2-Bedroom	$39,700	$232	7.00%
3-Bedroom	$138,949	$386	3.33%
4+Bedroom	$284,514	$827	3.49%
Surabaya avg. Rental Yields			5.62%
TANGERANG - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Tangerang (all locations)
Studio	$29,775	$182	7.33%
1-Bedroom	$43,008	$221	6.15%
2-Bedroom	$51,609	$270	6.28%
3-Bedroom	$165,415	$579	4.20%
4+Bedroom	$191,881	$827	5.17%
Tangerang avg. Rental Yields			5.83%
BANDUNG - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Bandung (all locations)
Studio	$31,429	$198	7.58%
1-Bedroom	$33,083	$254	9.20%
2-Bedroom	$46,316	$331	8.57%
3-Bedroom	$95,941	$689	8.62%
4+Bedroom	$211,731	$717	4.06%
Bandung avg. Rental Yields			7.61%
SEMARANG - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Semarang (all locations)
Studio	$44,662	$331	8.88%
1-Bedroom	$46,316	$248	6.42%
2-Bedroom	$66,166	$551	9.99%
3-Bedroom	$198,498	$744	4.50%
Semarang avg. Rental Yields			7.45%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Get updated rental yields data for 75 countries

Gross rental yields in Jakarta - the return earned on the purchase price of a rental property, before taxation, vacancy costs, and other costs - are quite attractive. Gross rental yields are an important consideration even for those who do not intend to become landlords because a high rental yield indicates that the property market is reasonably priced.

Rental yields in Jakarta for apartments are between 1.50% to 10.80% with a city average of 5.00%.

The disadvantage of buying in Jakarta, for foreigners, is complex legalities and high transaction costs. However, changes in the law are in process which should make things much easier.

For other cities in Indonesia the rental yields are the following: South Tangerang yields are between 3.50% to 7.50%, Depok yields from 2.50% to 3.77%, in Semarang you can expect from 4.50% to 9.99%, Bandung rental earnings sit between 4.06% and 9.20%, Tangerang itself has 4.20% to 7.33% and rental yields in Surabaya are between 3.33% and 7.18%.

Round trip transaction costs are high in Indonesia. See our Property transaction costs analysis in Indonesia and Property transaction costs in Indonesia, compared to the rest of Asia.