Gross rental yields in China: Beijing and 3 other cities
The average gross rental yield in China stands at 2.62% (Q4, 2024).
| Last Updated: Nov 01, 2024 | |||
| BEIJING - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Beijing (all locations) | |||
| 1-Bedroom | $350,750 | $778 | 2.66% |
| 2-Bedroom | $565,031 | $1,273 | 2.70% |
| 3-Bedroom | $723,373 | $1,577 | 2.62% |
| Beijing avg. Rental Yields | 2.66% | ||
| SHANGHAI - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Shanghai (all locations) | |||
| 1-Bedroom | $152,956 | $372 | 2.92% |
| 2-Bedroom | $253,753 | $539 | 2.55% |
| 3-Bedroom | $704,870 | $1,568 | 2.67% |
| 4+Bedroom | $997,391 | $2,133 | 2.57% |
| Shanghai avg. Rental Yields | 2.68% | ||
| SHENZHEN - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Shenzhen (all locations) | |||
| 1-Bedroom | $195,954 | $428 | 2.62% |
| 2-Bedroom | $296,045 | $647 | 2.62% |
| 3-Bedroom | $518,079 | $1,179 | 2.73% |
| 4+Bedroom | $2,784,238 | $5,960 | 2.57% |
| Shenzhen avg. Rental Yields | 2.64% | ||
| CHENGDU - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Chengdu (all locations) | |||
| 1-Bedroom | $560,389 | $1,127 | 2.41% |
| 2-Bedroom | $730,306 | $1,581 | 2.60% |
| 3-Bedroom | $1,318,107 | $2,846 | 2.59% |
| 4+Bedroom | $5,638,964 | $12,134 | 2.58% |
| Chengdu avg. Rental Yields | 2.55% | ||
| GUANGZHOU - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Guangzhou (all locations) | |||
| 1-Bedroom | $205,773 | $479 | 2.79% |
| 2-Bedroom | $304,504 | $675 | 2.66% |
| 3-Bedroom | $590,689 | $1,146 | 2.33% |
| 4+Bedroom | $962,148 | $2,045 | 2.55% |
| Guangzhou avg. Rental Yields | 2.58% | ||
| 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 and Anjuke.com |
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China Historic Rental Yield Data
Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of China. We used the local real estate listing website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).
For instance, if the monthly rent is $500 and the purchase price is $100,000, the calculation would be: $500 (Monthly Rent) x 12 / $100,000 (Purchase Price) = 6% (Gross Rental Yield).