How much does it cost to rent a house for a month? The secret of rental prices in popular cities in 2024
With the end of the Spring Festival holiday, major cities across the country usher in a wave of rework, and the popularity of the rental market continues to rise. This article will combine the hot topics of renting a house in the past 10 days on the entire network to organize the latest rental price data for you to help you quickly understand the rental market in popular cities in 2024.
1. Comparison of single room monthly rental prices in popular cities across the country
| City | Single room in the city center (yuan/month) | Suburban single room (yuan/month) | Changes month-on-month |
|---|---|---|---|
| Beijing | 3500-6000 | 2000-3500 | ↑5% |
| Shanghai | 3200-5500 | 1800-3200 | ↑3% |
| Shenzhen | 3000-5000 | 1600-3000 | ↑7% |
| Guangzhou | 2500-4000 | 1400-2500 | ↑4% |
| Chengdu | 1800-3000 | 1000-1800 | ↑2% |
| Hangzhou | 2200-3800 | 1200-2200 | ↑6% |
2. Three hot phenomena in the rental market
1.The rework wave drives rent rise: After the Spring Festival, the demand for renting houses surged, and rents in first-tier cities such as Beijing, Shanghai, Guangzhou and Shenzhen generally rose by 3-7%, with Shenzhen having the highest increase.
2.Long-term rental apartments are popular among young people: Data shows that among tenants aged 25-35, 60% prefer long-term rental apartments equipped with furniture and appliances, and the monthly rent is generally 15-20% higher than that of ordinary houses.
3.The property premium along the subway line is obvious: The rent for properties within 500 meters of the subway station is 10-15% higher than that of similar properties 1 km away.
3. Reference for monthly rents for different types of properties
| Listing Type | First-tier cities (yuan/month) | New first-tier cities (yuan/month) | Second-tier cities (yuan/month) |
|---|---|---|---|
| Shared single room | 1800-3500 | 1200-2500 | 800-1800 |
| One bedroom, one living room | 4000-7000 | 2500-4500 | 1500-3000 |
| Two bedrooms and one living room | 6000-10000 | 3500-6500 | 2000-4500 |
| Brand long-term rental apartment | 2500-5000 | 1800-3500 | 1200-2500 |
4. Tips for saving money by renting a house in 2024
1.Off-peak rental: March to April is the peak season for renting a house. It is recommended that tenants with conditions consider renting a house after May, and the price usually has a 5-10% downward space.
2.Flexible choice of rental period: Many landlords will give a monthly rent of 5-8% for more than half a year, making long-term rental more cost-effective.
3.Pay attention to government rental housing: Many cities have launched affordable rental housing, with rents of about 70-80% of the market price, and can be applied through the local housing security department.
4.Make good use of the discounts on rental platforms: Mainstream rental platforms usually have newcomers discounts, first-month discounts and other activities after the Spring Festival, and can save up to 1,000 yuan.
5. Expert forecast: Trends in rental market in 2024
The latest report of the Real Estate Research Institute shows that the rental market will show the following characteristics in 2024: the rental growth rate in first-tier cities slows down, and the annual increase is expected to be 3-5%; new first-tier cities such as Chengdu, Hangzhou, Wuhan, etc. will become new hot spots for renting; with the deepening of the "both renting and purchasing" policy, more high-quality housing sources will enter the rental market.
Renting a house is a realistic problem that most urban young people must face. I hope the latest data and suggestions provided in this article can help you find a more cost-effective place to stay. It is recommended to compare the prices of different platforms and channels before renting a house. Pay attention to checking the house facilities and surrounding environment when viewing the house on site to ensure that you can rent a satisfactory house.
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