Gross rental yields in Indonesia: Jakarta and 3 other cities
The average gross rental yield in Indonesia stands at 6.12% (Q4, 2024). Previously, in Q1 2024 the rental yield was 5.68%.
Cities and areas compared
- Jakarta
- South Tangerang
- Surabaya
- Tangerang
Historical rental yields in Indonesia
View the full rental yield dataset (2024 - Present)
| Last Updated: Nov. 25, 2024 Next Update: May 2025 |
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| JAKARTA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| South Jakarta | |||
| Studio | $47,052 | $381 | 9.72% |
| 1-Bedroom | $74,138 | $572 | 9.26% |
| 2-Bedroom | $146,242 | $1,208 | 9.91% |
| 3-Bedroom | $286,127 | $2,035 | 8.53% |
| 4+Bedroom | $826,590 | $4,450 | 6.46% |
| West Jakarta | |||
| Studio | $38,150 | $223 | 7.01% |
| 1-Bedroom | $44,508 | $273 | 7.36% |
| 2-Bedroom | $69,942 | $413 | 7.09% |
| 3-Bedroom | $158,959 | $604 | 4.56% |
| 4+Bedroom | $286,127 | $1,080 | 4.53% |
| North Jakarta | |||
| Studio | $17,167 | $107 | 7.48% |
| 1-Bedroom | $23,526 | $153 | 7.80% |
| 2-Bedroom | $34,971 | $223 | 7.65% |
| 3-Bedroom | $138,295 | $616 | 5.35% |
| 4+Bedroom | $222,543 | $1,080 | 5.82% |
| Central Jakarta | |||
| Studio | $30,043 | $211 | 8.43% |
| 1-Bedroom | $59,641 | $240 | 4.83% |
| 2-Bedroom | $60,277 | $390 | 7.76% |
| 3-Bedroom | $158,959 | $500 | 3.77% |
| 4+Bedroom | $203,468 | $1,400 | 8.26% |
| Jakarta (all locations) | |||
| Studio | $25,433 | $107 | 5.05% |
| 1-Bedroom | $45,462 | $216 | 5.70% |
| 2-Bedroom | $65,786 | $301 | 5.49% |
| 3-Bedroom | $174,678 | $417 | 2.86% |
| 4+Bedroom | $336,994 | $635 | 2.26% |
| Jakarta avg. Rental Yields | 4.27% | ||
| SOUTH TANGERANG - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| South Tangerang (all locations) | |||
| Studio | $31,049 | $201 | 7.77% |
| 1-Bedroom | $38,567 | $225 | 7.00% |
| 2-Bedroom | $75,270 | $408 | 6.50% |
| 3-Bedroom | $142,700 | $847 | 7.12% |
| South Tangerang avg. Rental Yields | 7.10% | ||
| SURABAYA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Surabaya (all locations) | |||
| Studio | $18,817 | $154 | 9.82% |
| 1-Bedroom | $24,462 | $163 | 8.00% |
| 2-Bedroom | $34,499 | $226 | 7.86% |
| 3-Bedroom | $137,996 | $627 | 5.45% |
| 4+Bedroom | $275,960 | $1,129 | 4.91% |
| Surabaya avg. Rental Yields | 7.21% | ||
| TANGERANG - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Tangerang (all locations) | |||
| Studio | $24,462 | $125 | 6.13% |
| 1-Bedroom | $31,049 | $144 | 5.57% |
| 2-Bedroom | $47,044 | $242 | 6.17% |
| 3-Bedroom | $116,042 | $549 | 5.68% |
| Tangerang avg. Rental Yields | 5.89% | ||
| 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 Lamudi |
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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 Indonesia, 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.