Rents in India, Mumbai compared to Asia

This comparison presents the median monthly rental prices for a 1-bedroom apartment in the most expensive regions of capital cities or major urban centers, based on our in-house research.

Last updated February, 2024
Singapore $ 4,590
Hong Kong $ 2,173
Japan, Tokyo $ 1,216
Thailand, Bangkok $ 1,080
Georgia, Tbilisi $ 918
Taiwan, Taipei $ 816
Philippines, Manila $ 805
Malaysia, Kuala Lumpur $ 735
Indonesia, Jakarta $ 698
Vietnam/HCMC, Hanoi $ 688
India, Mumbai $ 481

India launched Residex (India's house price index) in July 2007, through the National Housing Bank (NHB). Since Residex is relatively new, its methodology is being revised every so often. The eventual aim is to cover residential housing for 63 cities, before extending coverage to commercial property and land. At date of writing (early 2014) Residex covered 26 cities, with 2007 as base year. Residex is publicly available and can be accessed at the National Housing Bank's site. General economics statistics are from the Reserve Bank of India.