Gross rental yields in Thailand: Bangkok and 7 other cities
The average gross rental yield in Thailand stands at 6.07% (Q2, 2023).
- Bangkok
- Pattaya
- Phuket
- Nonthaburi
- Samut Prakan
Last Updated: July 12, 2023 | |||
BANGKOK - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Watthana | |||
Studio | $117,654 | $536 | 5.47% |
1-Bedroom | $187,651 | $745 | 4.76% |
2-Bedroom | $431,895 | $1,489 | 4.14% |
3-Bedroom | $771,453 | $2,383 | 3.71% |
4+Bedroom | $1,727,579 | $3,872 | 2.69% |
Khlong Toei | |||
Studio | $134,036 | $477 | 4.27% |
1-Bedroom | $169,779 | $745 | 5.27% |
2-Bedroom | $382,376 | $1,340 | 4.21% |
3-Bedroom | $890,597 | $2,532 | 3.41% |
4+Bedroom | $1,638,221 | $4,170 | 3.05% |
Huai Khwang | |||
Studio | $62,550 | $357 | 6.85% |
1-Bedroom | $104,250 | $462 | 5.32% |
2-Bedroom | $199,565 | $834 | 5.01% |
3-Bedroom | $417,002 | $1,489 | 4.28% |
4+Bedroom | $893,575 | $3,574 | 4.80% |
Pathum Wan | |||
Studio | $322,432 | $596 | 2.22% |
1-Bedroom | $323,325 | $953 | 3.54% |
2-Bedroom | $774,432 | $2,234 | 3.46% |
3-Bedroom | $1,712,686 | $4,468 | 3.13% |
4+Bedroom | $2,978,584 | $5,793 | 2.33% |
Chatuchak | |||
Studio | $81,911 | $384 | 5.63% |
1-Bedroom | $95,315 | $447 | 5.63% |
2-Bedroom | $193,608 | $834 | 5.17% |
3-Bedroom | $431,895 | $1,489 | 4.14% |
Sathon | |||
Studio | $89,358 | $477 | 6.41% |
1-Bedroom | $172,758 | $685 | 4.76% |
2-Bedroom | $384,237 | $1,340 | 4.18% |
3-Bedroom | $1,041,909 | $3,276 | 3.77% |
4+Bedroom | $3,353,886 | $7,446 | 2.66% |
Phra Khanong | |||
Studio | $49,146 | $296 | 7.23% |
1-Bedroom | $98,293 | $447 | 5.46% |
2-Bedroom | $206,267 | $834 | 4.85% |
3-Bedroom | $285,795 | $1,281 | 5.38% |
Ratchathewi | |||
Studio | $129,568 | $477 | 4.42% |
1-Bedroom | $175,736 | $655 | 4.47% |
2-Bedroom | $305,305 | $1,013 | 3.98% |
3-Bedroom | $592,738 | $1,757 | 3.56% |
Bangkok avg. Rental Yields | 4.42% | ||
PATTAYA - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Jomtien | |||
Studio | $74,465 | $477 | 7.69% |
1-Bedroom | $103,612 | $536 | 6.21% |
2-Bedroom | $244,244 | $894 | 4.39% |
Wongamat | |||
Studio | $114,452 | $566 | 5.93% |
1-Bedroom | $172,460 | $894 | 6.22% |
2-Bedroom | $372,323 | $1,787 | 5.76% |
Bang Lamung | |||
Studio | $83,400 | $477 | 6.86% |
1-Bedroom | $101,123 | $536 | 6.36% |
2-Bedroom | $223,394 | $1,191 | 6.40% |
3-Bedroom | $491,466 | $2,532 | 6.18% |
Pattaya avg. Rental Yields | 6.20% | ||
PHUKET - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
All locations | |||
1-Bedroom | $50,338 | $447 | 10.66% |
2-Bedroom | $282,965 | $1,191 | 5.05% |
Phuket avg. Rental Yields | 6.73% | ||
NONTHABURI - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Nonthaburi (all locations) | |||
Studio | $41,104 | $209 | 6.10% |
1-Bedroom | $50,636 | $238 | 5.64% |
2-Bedroom | $101,272 | $477 | 5.65% |
3-Bedroom | $268,073 | $1,258 | 5.63% |
Nonthaburi avg. Rental Yields | 5.76% | ||
SAMUT PRAKAN - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Pak Nam | |||
1-Bedroom | $56,578 | $268 | 5.68% |
2-Bedroom | $102,612 | $469 | 5.48% |
Samrong/Thepharak | |||
Studio | $41,700 | $232 | 6.68% |
1-Bedroom | $46,764 | $253 | 6.49% |
2-Bedroom | $95,315 | $491 | 6.18% |
Samut Prakan avg. Rental Yields | 6.10% | ||
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 |
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).