It can be difficult to move through Phnom Penh’s rental market especially if you are new to the market.
Recently, various areas in Phnom Penh have been progressing with a wide range of rental houses, like villas with larger areas, apartments that include basic amenities, shop houses, and flats that can be converted either into a retail space or renovated into a modern home.
Among the 12 Phnom Penh districts, the potential of each area depends on geography, land price, and surrounding facilities that support the resident’s lifestyle. Since rental agreements are usually at least for a one year period, you have to be sure that you research before signing a new contract. Realestate.com.kh has done the dirty work for you by digging through and compiling all the information you need for the popular areas in Phnom Penh.
Chamkarmon
Chamkarmon is currently the most popular residential area in terms of modern lifestyle and convenience. There are 12 communes in the Chamkarmon district as well. But the four that are the most popular are Boeung Keng Kang 1 (BKK1), Boeung Keng Kang 2 (BKK2), Boeung Keng Kang 3 (BKK3), and Toul Tom Poung. BKK1 is the most preferred residential area for both foreigners and locals.
What type of houses are for rent in Chamkarmon?
According to Mr. Roeun Veha of PinPoint Real Estate, there are three types of houses in the residential district of Chamkarmon. These include flat houses, apartments, and villas.
What type of houses are for rent in Chamkarmon?
How much does it cost to rent in Chamkarmon?
The rental price of a flat in BKK1 costs between $700 to $1,800 a month. This is significantly higher than in the other top communes. A flat rental in BKK2, BKK3, and Toul Tom Poung ranges anywhere from $300 to $1,300 per month range. Flats on the inside and flats along the main road vary in prices.
A one-bedroom apartment in BKK1 is at around $800, a two-bedroom apartment is usually more than $1,000, and a three-bedroom apartment costs anywhere from $2,500 to $3,000 a month.
Meanwhile, BKK2, BKK3, and Toul Tom Poung rental prices for a one-bedroom apartment go for as low as $300 to $400 a month.
Villas in BKK1, especially along streets 51 and 63, range from $1,500 to $10,000. Whereas rental prices in BKK2, BKK3, and Toul Tom Poung, are likely to range between $1,000 to $6,000, says Mr. Veha.
Why is Chamkarmon a good location for rentals?
BKK1, BKK2, BKK3, and Toul Tom Poung area brimming with restaurants, brand coffee shops, bars, karaokes, clubs, markets, malls, saunas, spas, fitness centers, international schools, high standard clinics, and hospitals. So, if you want to live in the real heart of the city, where everything is happening, you should consider taking a look at properties for rent in Chamkarmon.
Learn more about Chamkarmon and BKK through our Chamkarmon Location Profile.
Daun Penh
There are 11 communes in Duan Penh. Four of them are filled with locals and expatriates who are renting houses for short-term and long-term periods. These include Phsar Chas, Phsar Kandal 1, Phsar Kandal 2, and Chey Chumneas.
What type of housing is available for rent in Daun Penh?
Flats and apartments are available to rent at any time in Daun Penh. Most of the rental houses around this area are renovated second-floor units or renovated flats that are suitable for rent.
How much does it cost to rent in Daun Penh?
Ms. En Chansreyleak, a sales representative for Yong Yap Property, says that prices in the top four areas are similar. The rental price of a one-bedroom flat is $350 to $800, a two-bedroom flat goes for $450 to $1,500, and a three-bedroom flat is at $1,500 to $2,500 a month.
There are also a number of serviced apartments in the area such as the Season Apartments & Residence Co, Ltd and the Kiwi apartment. According to Ms. Chansreyleak, a one-bedroom apartment unit ranges from $600 to $1,200 a month, a two-bedroom apartment is roughly $1,800 per month, and a three-bedroom apartment goes for up to $2,800 a month.
Why is this location good for rental?
This location is along the riverbank and is near the Royal Palace. There are also a number of establishments that are in the area such as restaurants, bars, coffee shops, night markets, and many more. All these features make this area attractive to tourists. If you're interested in renting in Daun Penh, you can check out the latest properties for rent in Daun Penh.
Learn more about Daun Penh through our Daunh Penh Location profile.
Toul Kork
Property experts speculate that Toul Kork will become the new BKK in the near future. Today, more and more people are moving to the district, especially since it will soon be the location where the Phnom Penh City Center will stand. The residential space in this area also has great potential for both residential and commercial opportunities for both locals and expats.
What types of property are available for rent in Toul Kork?
There are three types of houses prominent in Toul Kork. These are villas, apartments, and flat houses. As they say, your mileage may vary depending on what and where you want to rent in Toul Kork.
How much does it cost to rent in Toul Kork?
A rental flat in this area can range anywhere between $300 to $1,500 per month.
A one-bedroom apartment can cost anywhere from $300 to $600 a month. Two bedrooms will set you back $800 to $1,000 per month.
The rental prices for villas in Toul Kork generally start from $800 and can go all the way up to $6,000 per month.
Why is this location good for rental?
Toul Kork is the new development area of the city. There are now many new commercial developments rising here. The residential market is also making a shift towards this area. Most importantly, it has easy access to the Phnom Penh International Airport. If you're interested in renting here, you can check out the latest properties for rent in Toul Kork.
Learn more about Toul Kork in the Toul Kork Location Profile.
Sen Sok
Sen Sok has become a star destination for many residential and property developers. This district is located in the northwest of central Phnom Penh and is one of the newest districts incorporated into the Phnom Penh municipality. Sen Sok is primarily known for its affordable residential projects and is the home of the city's largest shopping mall to-date, AEON Mall 2.
What types of property are available for rent in Sen Sok?
Sen Sok hosts villas, shophouses, and lately, more apartments available for rent to accommodate the growing interest in the area.
How much does it cost to rent in Sen Sok?
Apartments for rent in Sen Sok range from as low as $250 to as high as $1,500 per month. Shophouses and villas are also available ranging from $500 to $3,000 a month. Of course, there plenty of properties in between. We suggest taking a look at the Sen Sok Location Profile so you can find the right property for rent in Sen Sok for you.
Don't be afraid to negotiate!
When you want to rent a house in the city, even in popular locations like Chamkarmon, Daun Penh, Toul Kork or other areas, you must be sure of your budget.
Landlords will most likely demand a high price. However, you should always be ready to negotiate! Build rapport and ask for a discount or try your best to ask for additional services or furniture.
How to Find Houses for Rent in Phnom Penh?
If you do not have a lot of time, you can easily use realestate.com.kh to check and compare the prices of the properties you are interested in.
You could also consider relying on a real estate agent; they'll save you the headache of sifting through Phnom Penh's myriad of rental listings. Just make sure you do some research and pick a professional one! Don’t know where to start? Take a look at our list of partner agents all over Phnom Penh.
Learn more about all the houses for rent in Phnom Penh!
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