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
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).

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