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 |
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| 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 |
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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.