Gross rental yields in Thailand: Bangkok and 5 other cities
The average gross rental yield in Thailand stands at 6.27% (Q3, 2024). Previously, in Q4, 2023 the average gross rental yield stood at 5.79%.
- Bangkok
- Pattaya
- Phuket
- Nonthaburi
- Samut Prakan
- Sattahip
| Last Updated: July 2, 2024 | |||
| BANGKOK - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Watthana | |||
| Studio | $113,855 | $542 | 5.71% |
| 1-Bedroom | $176,204 | $813 | 5.54% |
| 2-Bedroom | $406,354 | $1,627 | 4.80% |
| 3-Bedroom | $712,083 | $2,440 | 4.11% |
| 4+Bedroom | $1,409,634 | $3,687 | 3.14% |
| Khlong Toei | |||
| Studio | $115,210 | $596 | 6.21% |
| 1-Bedroom | $160,262 | $732 | 5.48% |
| 2-Bedroom | $351,866 | $1,491 | 5.08% |
| 3-Bedroom | $813,250 | $2,439 | 3.60% |
| 4+Bedroom | $1,816,260 | $4,337 | 2.87% |
| Huai Khwang | |||
| Studio | $54,217 | $380 | 8.41% |
| 1-Bedroom | $95,421 | $515 | 6.48% |
| 2-Bedroom | $181,626 | $867 | 5.73% |
| 3-Bedroom | $393,071 | $1,708 | 5.21% |
| 4+Bedroom | $817,661 | $5,451 | 8.00% |
| Pathum Wan | |||
| Studio | $167,530 | $569 | 4.08% |
| 1-Bedroom | $307,138 | $1,057 | 4.13% |
| 2-Bedroom | $735,895 | $2,180 | 3.56% |
| 3-Bedroom | $1,768,874 | $4,088 | 2.77% |
| 4+Bedroom | $3,496,978 | $8,133 | 2.79% |
| Chatuchak | |||
| Studio | $78,614 | $407 | 6.21% |
| 1-Bedroom | $89,460 | $542 | 7.27% |
| 2-Bedroom | $176,204 | $949 | 6.46% |
| 3-Bedroom | $393,071 | $1,843 | 5.63% |
| Sathon | |||
| 1-Bedroom | $170,783 | $678 | 4.76% |
| 2-Bedroom | $390,360 | $1,355 | 4.17% |
| 3-Bedroom | $899,998 | $2,982 | 3.98% |
| 4+Bedroom | $1,789,151 | $7,590 | 5.09% |
| Phra Khanong | |||
| Studio | $46,084 | $271 | 7.06% |
| 1-Bedroom | $89,458 | $488 | 6.55% |
| 2-Bedroom | $197,620 | $813 | 4.94% |
| Ratchathewi | |||
| Studio | $135,542 | $488 | 4.32% |
| 1-Bedroom | $162,379 | $651 | 4.81% |
| 2-Bedroom | $297,921 | $976 | 3.93% |
| 3-Bedroom | $626,874 | $2,317 | 4.43% |
| Bangkok avg. Rental Yields | 5.07% | ||
| PATTAYA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Jomtien | |||
| 1-Bedroom | $95,309 | $545 | 6.86% |
| 2-Bedroom | $195,793 | $1,089 | 6.67% |
| Wongamat | |||
| 1-Bedroom | $172,919 | $681 | 4.73% |
| 2-Bedroom | $379,876 | $1,362 | 4.30% |
| Bang Lamung | |||
| 1-Bedroom | $90,594 | $545 | 7.22% |
| 2-Bedroom | $190,619 | $1,089 | 6.86% |
| Pattaya avg. Rental Yields | 6.11% | ||
| PHUKET - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| All locations | |||
| Studio | $80,403 | $463 | 6.92% |
| 1-Bedroom | $109,022 | $545 | 6.00% |
| 2-Bedroom | $258,926 | $1,499 | 6.95% |
| 3-Bedroom | $586,427 | $2,726 | 5.58% |
| Phuket avg. Rental Yields | 6.36% | ||
| NONTHABURI - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Bang Kraso | |||
| 1-Bedroom | $48,744 | $245 | 6.03% |
| 2-Bedroom | $93,948 | $545 | 6.96% |
| Nonthaburi (all locations) | |||
| Studio | $35,128 | $177 | 6.05% |
| 1-Bedroom | $44,932 | $231 | 6.17% |
| 2-Bedroom | $84,417 | $463 | 6.58% |
| Nonthaburi avg. Rental Yields | 6.27% | ||
| SAMUT PRAKAN - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Samrong/Thepharak | |||
| Studio | $37,851 | $218 | 6.91% |
| 1-Bedroom | $43,298 | $259 | 7.18% |
| 2-Bedroom | $100,756 | $517 | 6.16% |
| Samut Prakan avg. Rental Yields | 6.75% | ||
| SATTAHIP - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Sattahip (all locations) | |||
| 1-Bedroom | $117,352 | $596 | 6.09% |
| 2-Bedroom | $245,298 | $1,635 | 8.00% |
| Sattahip avg. Rental Yields | 7.05% | ||
| HUA HIN - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Hua Hin (all locations) | |||
| 1-Bedroom | $109,731 | $510 | 5.58% |
| 2-Bedroom | $226,835 | $992 | 5.25% |
| 3-Bedroom | $482,023 | $1,985 | 4.94% |
| Hua Hin avg. Rental Yields | 5.26% | ||
| CHIANG MAI - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Fa Ham | |||
| 1-Bedroom | $68,050 | $312 | 5.50% |
| 2-Bedroom | $127,594 | $681 | 6.40% |
| Chiang Mai (all locations) | |||
| Studio | $46,785 | $284 | 7.28% |
| 1-Bedroom | $65,059 | $340 | 6.27% |
| 2-Bedroom | $136,101 | $695 | 6.13% |
| Chiang Mai avg. Rental Yields | 6.32% | ||
| 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 DDProperty |
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Thailand's Historic 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 Thailand. We used the local real estate 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).