Gross rental yields in China: Beijing and 4 other cities

The average gross rental yield in China stands at 2.63% (Q2, 2025). Previously, in Q4 2024, the rental yield was 2.62%.

Cities and areas compared
  • Beijing
  • Shanghai
  • Shenzhen
  • Chengdu
  • Guangzhou
Historical rental yields in China

View the full rental yield dataset (2024 - Present)


  Last Updated: April 23, 2025
Next Update: October 2025
BEIJING - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Beijing (all locations)  
1-Bedroom $366,500 $817 2.68%
2-Bedroom $587,600 $1,324 2.70%
3-Bedroom $748,700 $1,624 2.60%
Beijing avg. Rental Yields 2.66%
SHANGHAI - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Shanghai (all locations)  
1-Bedroom $160,600 $394 2.94%
2-Bedroom $265,200 $566 2.56%
3-Bedroom $726,000 $1,631 2.70%
4+Bedroom $1,022,300 $2,197 2.58%
Shanghai avg. Rental Yields 2.68%
SHENZHEN - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Shenzhen (all locations)  
1-Bedroom $199,900 $432 2.59%
2-Bedroom $300,500 $650 2.60%
3-Bedroom $523,300 $1,179 2.70%
4+Bedroom $2,645,000 $5,781 2.62%
Shenzhen avg. Rental Yields 2.64%
CHENGDU - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Chengdu (all locations)  
1-Bedroom $566,000 $1,150 2.44%
2-Bedroom $734,000 $1,605 2.62%
3-Bedroom $1,305,000 $2,875 2.64%
4+Bedroom $5,413,400 $11,891 2.64%
Chengdu avg. Rental Yields 2.55%
GUANGZHOU - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Guangzhou (all locations)  
1-Bedroom $211,900 $498 2.82%
2-Bedroom $312,100 $695 2.67%
3-Bedroom $602,500 $1,169 2.33%
4+Bedroom $976,600 $2,086 2.56%
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

Research Methodology:

Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, 3-bedroom across the largest cities in China, comparing median rental prices with median purchase prices to determine gross rental yields.

We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:

(Median Monthly Rent × 12) ÷ Median Purchase Price × 100

For example, if the median monthly rent is $500 and the median purchase price is $100,000, the yield is calculated as:

($500 × 12) ÷ $100,000 = 6% Gross Rental Yield

Note: NET yields vary from country to country, but are usually 1.5-2% lower. 

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