Gross rental yields in Indonesia: Jakarta and 3 other cities
The average gross rental yield in Indonesia stands at 6.12% (Q4, 2024).
- Jakarta
- South Tangerang
- Surabaya
- Tangerang
Last Updated: Nov. 25, 2024 | |||
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 |
Indonesia's Historic Rental Yield Data
Navigatable historical 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 Indonesia. 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).