Short answer: the Singapore rental market was flat to slightly up in 2nd Quarter 2026. URA's rental index for private non-landed homes rose 0.4% on the quarter and 1.8% on the year, with the Core Central Region up 1.2% and the Outside Central Region down 0.3%. The index is still below its 3rd Quarter 2023 peak. HDB's median rent for a 4-room flat ranged from S$3,000 to S$4,600 a month depending on town.
Every figure on this page comes from URA and HDB's own datasets on data.gov.sg, stored with the page and dated: URA's release of 24 July 2026 and HDB's update of the same day. Use the check below to compare a rent you have been quoted with the official median for that town or that condo. Figures checked 3 Oct 2026.
Rental Market Pulse and Rent Check
Official medians: HDB rents by town and flat type, and URA rents for 621 condo projects, 2nd Quarter 2026.
Key Takeaways
- URA's private non-landed rental index stood at 162.5 in Q2 2026 (Q1 2009 = 100), +0.4% on the quarter and +1.8% on the year.
- By region, non-landed rents moved +1.2% in the Core Central Region, +0.0% in the Rest of Central Region and -0.3% in the Outside Central Region over the quarter.
- The non-landed index peaked at 163.3 in Q3 2023 and is about 54% above its Q4 2019 level.
- HDB publishes median rents for each town and flat type every quarter; a type with too few cases shows no figure.
- URA publishes median, 25th and 75th percentile rents per sq ft for each condo project with at least 100 units and 10 or more contracts in the quarter: 621 projects in Q2 2026.
URA Rental Index by Region
URA's rental index tracks private homes only, not HDB flats. It is built from tenancy details that owners file with IRAS, and since 2015 it uses a stratified hedonic regression that controls for the age and size of the homes let in each quarter, so a quarter with more small units does not drag the index down on its own.
| Quarter | Non-landed, island | Core Central | Rest of Central | Outside Central | Landed |
|---|---|---|---|---|---|
| Q2 2025 | 159.7 | 150.0 | 168.6 | 167.0 | 153.1 |
| Q3 2025 | 161.5 | 149.3 | 171.6 | 171.2 | 156.8 |
| Q4 2025 | 161.3 | 150.3 | 172.6 | 167.8 | 152.1 |
| Q1 2026 | 161.9 | 151.1 | 172.3 | 169.5 | 152.3 |
| Q2 2026 | 162.5 | 152.9 | 172.3 | 169.0 | 156.4 |
URA's release for the quarter reports rents of all private homes up 0.7%, with landed homes up 2.7%. The index measures change, not price, so it tells you the direction of the market. For what a specific home should cost, use the medians below.
Reading the Regions
URA groups private homes into three market regions: the Core Central Region, the Rest of Central Region and the Outside Central Region. Each region has its own base of 100 in 2009, so higher index numbers in the outer regions mean rents there have risen more since 2009, not that they are dearer in dollars.
HDB Median Rents by Town, Q2 2026
HDB's dataset gives the median monthly rent for each town and flat type. A dash means HDB did not publish a figure for that combination in the quarter. The last column compares the 4-room median with Q2 2025.
| Town | 3-room | 4-room | 5-room | 4-room vs a year ago |
|---|---|---|---|---|
| Ang Mo Kio | S$2,800 | S$3,500 | S$3,880 | +2.9% |
| Bedok | S$2,800 | S$3,400 | S$3,650 | +3.0% |
| Bishan | S$3,000 | S$3,650 | S$4,000 | +1.4% |
| Bukit Batok | S$2,700 | S$3,300 | S$3,600 | +1.5% |
| Bukit Merah | S$3,000 | S$4,000 | S$4,300 | +2.6% |
| Bukit Panjang | S$2,600 | S$3,000 | S$3,300 | +0.0% |
| Central | S$3,300 | S$4,600 | S$5,100 | +3.6% |
| Choa Chu Kang | S$2,500 | S$3,000 | S$3,200 | -4.8% |
| Clementi | S$3,000 | S$3,900 | S$4,350 | +0.0% |
| Geylang | S$2,800 | S$3,800 | S$4,000 | +5.6% |
| Hougang | S$2,800 | S$3,200 | S$3,450 | +0.0% |
| Jurong East | S$2,800 | S$3,400 | S$3,800 | +0.0% |
| Jurong West | S$2,700 | S$3,500 | S$3,700 | +3.9% |
| Kallang/Whampoa | S$3,000 | S$3,800 | S$4,100 | +5.6% |
| Marine Parade | S$3,000 | S$3,350 | - | -4.3% |
| Pasir Ris | - | S$3,350 | S$3,600 | +1.5% |
| Punggol | S$2,850 | S$3,300 | S$3,300 | +3.1% |
| Queenstown | S$3,100 | S$4,130 | S$4,400 | +3.2% |
| Sembawang | - | S$3,180 | S$3,300 | +2.6% |
| Sengkang | S$2,900 | S$3,200 | S$3,300 | +3.2% |
| Serangoon | S$2,800 | S$3,400 | S$3,800 | -2.9% |
| Tampines | S$2,800 | S$3,500 | S$3,650 | +2.9% |
| Toa Payoh | S$2,900 | S$3,800 | S$4,030 | +5.6% |
| Woodlands | S$2,600 | S$3,100 | S$3,300 | +3.3% |
| Yishun | S$2,700 | S$3,100 | S$3,500 | +0.0% |
Foreigners on a valid pass can rent HDB flats, but HDB sets a quota on flats let to non-citizens. Once the quota is reached, HDB says the flat can only be let to Singaporeans and Malaysians, so confirm with the landlord that the flat can take you before you pay a deposit.
Checking a Condo Rent Against URA's Project Medians
For private flats and condos URA publishes, per project, the 25th percentile, median and 75th percentile rent in Singapore dollars per square foot per month. It covers projects with at least 100 units that had at least 10 rental contracts in the quarter, which in Q2 2026 meant 621 projects and 16,079 contracts. Multiply by the unit's size to turn the rate into a monthly rent.
- Pick the project in the tool and enter the unit's size in square feet.
- Read the middle band, where half of the quarter's contracts in that project fell, and place your quote in it. A rent above the 75th percentile needs a reason you can see, such as a high floor, a renovated unit or full furnishing.
- If the project is not listed, it had too few contracts in the quarter or is under 100 units. Use the regional index for direction and nearby listed projects for level.
Why a Median Beats an Asking Price
Listings show what landlords ask. URA's figures come from tenancies that were actually signed and filed, so they reflect what tenants paid. They lag by a quarter, which is why the regional index is shown alongside them.
What This Means if You Are Moving Here
- Budget from the median for the town or project you want, then add the costs of leasing: stamp duty, deposit and any agent fee.
- Private homes cannot be let for under three consecutive months, so a short first stay means a serviced apartment or hotel. Our serviced apartment vs condo analyzer works out the break-even month.
- If your employer pays the rent, it is taxable income; see the housing allowance tax calculator.
- Your landlord must check your pass, so time the lease around your pass being issued.
Next update: URA's data service refreshes on the fourth Friday of January, April, July and October, so its 3rd Quarter 2026 rents are due on 23 October 2026. Until then the figures here are the ones stored on 3 Oct 2026, each labelled with its quarter.
Frequently Asked Questions About the Singapore Rental Market
Are rents in Singapore going up or down in 2026?
Slightly up. URA's non-landed rental index rose 0.4% in Q2 2026 and 1.8% over the year to Q2 2026, with the Core Central Region rising and the Outside Central Region easing in the quarter.
What is the median rent for a 4-room HDB flat?
It depends on the town. In Q2 2026 HDB's medians for 4-room flats ran from S$3,000 to S$4,600 a month. Pick the town in the tool for the exact figure and the last five quarters.
Where does the condo rent data come from?
URA's quarterly median rentals of non-landed private projects, published on data.gov.sg. It covers projects with at least 100 units and at least 10 rental contracts in the quarter, in S$ per square foot per month.
Why is my condo not in the list?
URA only publishes a project's medians when it has at least 100 units and 10 or more rental contracts in the quarter, so smaller or quieter developments drop out.
Does URA's rental index include HDB flats?
No. It covers private residential property only. HDB rents are tracked by HDB's own median rent data.
How often is this updated?
Both URA and HDB publish quarterly. This page states the quarter for every figure and will be refreshed with each release.
Official Sources and References
- Private residential property rental index, quarterly (URA, data.gov.sg)
- Rentals of non-landed residential buildings by project, quarterly (URA, data.gov.sg)
- Median rent by town and flat type (HDB, data.gov.sg)
- Release of 2nd Quarter 2026 real estate statistics (URA)
- Eligibility for renting out a flat, non-citizen quota (HDB)
- Renting out private residential property: minimum stay (URA)
Explore Catalyst Immigration’s other services:
- Serviced Apartment vs Condo Cost Analyzer
- Housing Allowance Tax Calculator
- Can a Singapore PR Buy an HDB Flat?
- Property Types a Singapore PR Can Buy
- Cost of Living in Singapore for PRs
Talk to Catalyst Immigration
Rent is the biggest monthly cost for most people who move to Singapore, and where you can rent often depends on the pass you hold. Catalyst Immigration handles Employment Pass, Dependant's Pass and PR applications, and can help you plan the move so the lease, the pass and the family's arrival line up. URA and HDB data tell you the price; ICA and MOM decide the pass.