Singapore's rental market peaked sharply in 2022–2023, then moderated through 2024–2025. In 2026, prices have stabilised at levels still significantly above pre-pandemic norms, but there are genuine deals to be found if you know where to look.
Quick Reference: Average Monthly Rents
Room Rentals (Shared Flat)
| Room Type | HDB | Condo |
|---|---|---|
| Common bedroom | $900 – $1,400 | $1,200 – $1,800 |
| Master bedroom | $1,200 – $1,800 | $1,600 – $2,500 |
| Master bedroom with ensuite | $1,400 – $2,000 | $1,900 – $3,000 |
> These are indicative islandwide ranges — actual rent swings a lot by town and MRT proximity. For live, town-by-town figures updated monthly from HDB data, see the [SGLinkUp rent index](/rent), or [get a free estimate for your exact block](/earn).
Whole Unit — HDB
| Flat Type | Area | Price Range |
|---|---|---|
| 2-room (~500 sqft) | Any | $1,600 – $2,200 |
| 3-room (~800 sqft) | OCR (Outside Central Region) | $1,900 – $2,800 |
| 3-room (~800 sqft) | CCR/RCR (Central) | $2,500 – $3,500 |
| 4-room (~1,000 sqft) | OCR | $2,400 – $3,200 |
| 4-room (~1,000 sqft) | CCR/RCR | $3,000 – $4,200 |
| 5-room (~1,200 sqft) | OCR | $2,800 – $3,800 |
| 5-room (~1,200 sqft) | CCR/RCR | $3,500 – $5,000 |
Whole Unit — Condo
| Unit Type | OCR | RCR | CCR |
|---|---|---|---|
| Studio (~450 sqft) | $2,500 – $3,200 | $2,800 – $3,800 | $3,500 – $5,000 |
| 1BR (~600 sqft) | $2,800 – $3,800 | $3,200 – $4,500 | $4,000 – $6,000 |
| 2BR (~900 sqft) | $3,500 – $4,800 | $4,000 – $6,000 | $5,000 – $8,500 |
| 3BR (~1,200 sqft) | $4,500 – $6,500 | $5,500 – $8,500 | $7,000 – $12,000 |
| 4BR (~1,500 sqft) | $5,500 – $8,000 | $7,000 – $11,000 | $9,000 – $16,000 |
OCR = Outside Central Region (Jurong, Tampines, Woodlands, Punggol); RCR = Rest of Central Region (Queenstown, Toa Payoh, Bishan); CCR = Core Central Region (Orchard, River Valley, Bukit Timah)
Landed Properties
| Type | Price Range |
|---|---|
| Terrace house (1,500–2,000 sqft) | $5,500 – $9,000 |
| Semi-detached (2,500–3,500 sqft) | $8,000 – $14,000 |
| Bungalow (4,000–8,000 sqft) | $12,000 – $25,000+ |
| Good Class Bungalow (GCB) | $25,000 – $80,000+ |
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Rental Prices by Popular Area
Best Value Areas (OCR)
Woodlands / Marsiling
- 4-room HDB: $2,300 – $2,800
- Close to Johor Bahru causeway; popular with those who commute cross-border
- Served by North-South Line and Thomson-East Coast Line (TEL)
Punggol / Sengkang
- 4-room HDB: $2,400 – $3,000
- New town with good amenities; popular with young families
- Punggol Digital District nearby
Tampines
- 4-room HDB: $2,500 – $3,200
- Large town with excellent amenities, two malls, regional centre
- 30 minutes to CBD by MRT
Jurong East / Boon Lay
- 4-room HDB: $2,300 – $2,900
- Upcoming Jurong Lake District; convenient for those working in the west
Mid-Range Areas (RCR)
Queenstown / Buona Vista
- 4-room HDB: $3,000 – $4,000
- Popular with professionals working in one-north, NUS, and Holland Village
- Excellent MRT access (Circle Line, East-West Line)
Toa Payoh / Bishan
- 4-room HDB: $2,800 – $3,800
- Central location, mature estate with strong amenities
- Good for families; near Catholic High and Raffles Institution
Ang Mo Kio / Serangoon
- 4-room HDB: $2,700 – $3,500
- Well-connected, popular with expats who want central living without premium pricing
Premium Areas (CCR)
Tanjong Pagar / Chinatown / Outram
- 1BR condo: $3,500 – $5,500
- Extremely popular with expats; walking distance to CBD
- Great nightlife, F&B, and public transport
Orchard / River Valley
- 1BR condo: $4,000 – $6,500
- Singapore's prime district; high-end malls, international schools, embassies
Bukit Timah / Holland Village
- 2BR condo: $5,000 – $8,000
- Green, leafy, prestigious; many international schools nearby
- Popular with families on generous housing allowances
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Beyond Rent: Total Monthly Housing Cost
Many tenants focus only on rent and are surprised by the full monthly cost:
| Item | Typical Monthly Cost |
|---|---|
| Rent | $2,500 – $5,000 |
| Electricity (3-room HDB) | $80 – $150 |
| Electricity (3BR condo) | $150 – $350 |
| Water | $20 – $50 |
| Internet (fibre 1 Gbps) | $35 – $55 |
| Aircon servicing (quarterly ÷ 3) | $25 – $60 |
| Total beyond rent | ~$310 – $665 |
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How Rents Have Moved
Singapore rents rose ~30–40% between 2021 and 2023 due to construction delays and a surge in expat demand. From 2024, increased supply (completion of delayed projects) and moderated demand brought prices down 5–12% from the 2023 peak. In 2026:
- HDB rents are roughly flat to +3% year-on-year
- Condo rents are flat to slightly down in OCR and RCR
- CCR remains elevated due to strong corporate demand
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Tips to Get the Best Rental Deal
- Negotiate. The asking price is rarely the final price. In a balanced market, 5–10% off is achievable.
- Avoid peak moving months. June/July and December/January are when leases turn over most frequently — more competition means less room to negotiate.
- Look for 12-month move-in ready units. Landlords with vacant units for 30+ days are often more flexible.
- Consider older HDB estates. Estates like Toa Payoh, Queenstown, and Kallang offer central locations at HDB prices.
- Skip the agent if possible. Direct landlord listings (like those on SGLinkUp) save you agent commission and often allow more flexible terms.