Market Data · Reports · 2026

Bangkok rental market report 2026: rents & yield by district

The district-level data view of Bangkok's rental market -- one and two-bedroom rent ranges from Thonglor to Bang Phlat, official CBRE and JLL rent-per-sqm benchmarks, CBD vacancy detail for Sukhumvit and Sathorn, and a disclosed-methodology look at how gross yield varies by district. Sourced and methodology-disclosed; indicative and educational, never investment advice.

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By Kirby Scofield
Founder of BAANLYY · International real estate broker, investor & relocation specialist
Last updated 7 July 2026 · Last reviewed 7 July 2026

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฿591/sqm/moGrade A apartment average rent, BangkokCBRE, Q3 2025, +6.5% year-over-year
฿762/sqm/moHigh-end & luxury average gross rentJLL, Q3 2025, +8.4% year-over-year
18-22%CBD rental vacancy (Sukhumvit/Sathorn)CBRE 2026 Outlook, vs an 8-10% healthy benchmark
~4-9%Gross yield range across Bangkok districtsCompressed in prime CBD, higher further from the centre
The one-line version

Bangkok rent varies enormously by district: a one-bedroom runs 25,000-52,000 THB/month in the Sukhumvit core versus 10,000-18,000 THB/month in outer budget districts. CBRE and JLL put city-wide Grade A and luxury rents at 591-762 THB/sqm/month as of Q3 2025, both up 6-8% year-over-year. CBD vacancy in Sukhumvit and Sathorn sits at an elevated 18-22%, and gross rental yield generally runs highest in the mid-ring BTS/MRT corridor rather than the priciest core.

01

Rent by district: one and two-bedroom ranges

Indicative monthly rent ranges compiled from current Bangkok market listings and research, current as of mid-2026:

District1-bed THB/month2-bed THB/monthCharacter
Sukhumvit core (Thonglor, Phrom Phong, Ekkamai)25,000 - 52,00040,000 - 82,000Prime BTS access, upscale dining and nightlife, deepest expat and corporate tenant pool
Silom & Sathorn (CBD)25,000 - 55,00050,000 - 70,000Financial-district core, BTS/MRT interchange, international-school proximity
Ari & Ratchathewi18,000 - 30,00035,000 - 50,000Café-culture and young-professional demand, one interchange from Siam
Mid-ring BTS/MRT (Rama 9, On Nut, Udomsuk, Sena Nikhom)14,000 - 26,00028,000 - 45,000The value sweet spot most long-term renters actually live in -- modern stock, meaningfully lower rent
Outer / budget districts (Saphan Kwai, Bang Phlat)10,000 - 18,00020,000 - 32,000Lower entry cost, longer commute to the CBD, more local Thai character

Proximity to a BTS or MRT station is the single biggest swing factor within any district -- moving two sois back from the main road can drop rent 15-25% for an otherwise comparable unit. Building age matters almost as much: a newly completed condo typically commands 20-30% more than an equivalent unit in a building from the mid-2010s. See BAANLYY's Bangkok where-to-live guide for area-level detail beyond rent alone.

02

CBD vacancy: Sukhumvit & Sathorn in detail

Bangkok's rental vacancy is concentrated, not uniform:

The elevated CBD figure mostly reflects a historical wave of condo launches that outpaced the rental pool in older Sukhumvit and Sathorn stock -- it is a building-age and building-grade story more than a demand story. New, well-specified supply in the same districts is performing strongly on the sales side (see BAANLYY's Bangkok Condo Market Report 2026 and Thailand Rental Market Report 2026).

03

How gross yield varies by district

Gross rental yield is a function of purchase price relative to achievable rent, and both vary by district in ways that don't move in lockstep -- which is why yield is not simply highest where prices are highest. Here is the general pattern across Bangkok's three broad bands:

Prime CBD (Sukhumvit core, Silom-Sathorn)

The highest purchase prices per square metre relative to achievable rent compress gross yield toward the low end of Bangkok's range -- typically the 4-5% area once a district carries both premium sale prices and only moderately premium rents. This is the segment CBRE and JLL benchmark most closely, and it is also where CBD vacancy is most concentrated (see Section 02), which further pressures realised (as opposed to headline) yield.

Mid-ring BTS/MRT corridors (Rama 9, On Nut, Ari)

Purchase prices step down faster than achievable rent as you move away from the absolute core, which tends to lift gross yield into the middle of Bangkok's range. This band is where BAANLYY generally sees the best balance of liquidity (easy to find tenants) and yield.

Outer / budget districts

The lowest purchase prices per square metre can produce the highest headline gross yields, but tenant demand is thinner and more price-sensitive, so vacancy risk and rent growth are both less predictable than in the mid-ring. Underwrite these deals more conservatively.

Worked example -- BAANLYY estimate, not a market-surveyed figure

Using BAANLYY's own Bangkok Condo Market Report 2026 price-per-sqm range for the Sukhumvit core (220,000-350,000 THB/sqm, midpoint ~285,000) against CBRE and JLL's Q3 2025 rent-per-sqm benchmarks (591-762 THB/sqm/month, midpoint ~677) gives an indicative gross yield of roughly (677 × 12) ÷ 285,000 ≈ 2.8-3.5% for the very top of the CBD market -- consistent with this being the compressed end of Bangkok's 4-9% overall range cited in BAANLYY's Thailand Rental Market Report 2026, and a reminder that headline "prime location" yields are often the least attractive on a pure cash-on-cash basis. This is a calculated estimate combining two separately sourced figures, not a single surveyed statistic -- always underwrite your own numbers for a specific building.

04

Official benchmarks: CBRE & JLL, Q3 2025

The two most-cited professional benchmarks for Bangkok apartment rent are CBRE's Grade A apartment average, at 591 THB/sqm/month in Q3 2025 (up 6.5% year-over-year), and JLL's high-end and luxury segment average gross rent, at 762 THB/sqm/month in the same quarter (up 8.4% year-over-year). CBRE separately reports Silom/Sathorn averaging 516 THB/sqm/month, slightly below the city-wide Grade A figure -- a reminder that "CBD" and "highest-rent" are not always the same district once building grade and age are factored in. Both firms track a specific, higher-end product tier rather than the full market, which is why the district ranges in Section 01 (compiled from broader listings data) run wider and include more affordable stock than these two benchmarks alone would suggest.

05

Methodology and source tiers

This report blends three tiers of source, disclosed here for transparency:

None of these tiers substitutes for a professional valuation, current listing data for a specific building, or official statistics from Thailand's Real Estate Information Center (REIC) or Bank of Thailand (BOT) property price indices. This report is educational market intelligence, not investment advice.

06

Frequently asked

What does a one-bedroom condo rent for in Bangkok in 2026?It depends heavily on district. Prime Sukhumvit-core areas like Thonglor and Phrom Phong run roughly 25,000-52,000 THB/month for a one-bedroom; Silom and Sathorn are similar. The mid-ring BTS/MRT corridor around Rama 9, On Nut and Udomsuk -- where most long-term renters actually live -- runs roughly 14,000-26,000 THB/month, and outer budget districts like Saphan Kwai and Bang Phlat start around 10,000-18,000 THB/month. These are compiled market-research ranges, not fixed prices -- always verify the current asking rent for a specific building.
Why is Bangkok's CBD vacancy so high?Sukhumvit and Sathorn carry roughly 18-22% rental vacancy against an 8-10% healthy benchmark, mostly because a past wave of condo launches in these districts outpaced the rental pool, concentrated in older buildings. It is not evidence that Bangkok rental demand overall is weak -- new, well-specified supply is performing strongly on the sales side (see BAANLYY's Thailand Rental Market Report 2026), and vacancy is far more building-specific than city-wide.
Which Bangkok district has the best rental yield?There is no single best answer, but as a general pattern, gross yield tends to be compressed in the prime CBD (roughly 4-5%, where purchase prices are highest relative to rent) and higher in the mid-ring BTS/MRT corridor and outer districts, where purchase prices fall faster than achievable rent. See Section 03 for the full district-by-district reasoning and BAANLYY's disclosed calculation methodology -- these are estimates, not a guaranteed return, so always underwrite your own numbers.
What's the difference between CBRE/JLL rent data and the district ranges in this report?CBRE and JLL publish official per-square-metre benchmarks (591 and 762 THB/sqm/month respectively, as of Q3 2025) for specific product tiers -- Grade A and high-end/luxury apartments city-wide. The district-by-district THB/month ranges in Section 01 are compiled from multiple independent Thailand property-market research sources current as of mid-2026, cross-checked for consistency, and represent typical unit sizes rather than a per-sqm benchmark. Both are disclosed separately in the Methodology section so you know which figure to trust for which purpose.
Keep going
Thailand Rental Market Report 2026Bangkok Condo Market Report 2026Bangkok Where to LiveBangkok Cost of LivingBangkok Transit StationsMarket Data Hub

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Indicative, educational market data only — not investment, legal or tax advice. Bangkok rents, vacancy and yields vary by building, district and season and change over time; verify current figures with a licensed agent, appraiser or property manager before relying on them. BAANLYY never takes paid placement.

Sources & References

Sources & References

District-level rent ranges (Section 01) are compiled from multiple independent Thailand property-market research and listing sources current as of mid-2026. Yield-by-district figures (Section 03) are BAANLYY-calculated estimates combining our own published price data with CBRE/JLL rent benchmarks, disclosed as such -- not a third-party-surveyed yield statistic.