How much does it cost to rent a house in Shenzhen? The latest rental market analysis in 2023
With the arrival of the tide of returning to Shenzhen after the Spring Festival, the Shenzhen rental market has once again become a hot topic. This article will combine the hot data of the entire network for the past 10 days to analyze the rental prices, popular areas and rental trends in various districts of Shenzhen to help you better understand the rental market in Shenzhen.
1. Comparison of rental prices in various districts of Shenzhen (data in February 2023)
| area | Single room (yuan/month) | One bedroom (yuan/month) | Two-bedroom (yuan/month) | Three-bedroom apartment (yuan/month) |
|---|---|---|---|---|
| Nanshan District | 2500-4000 | 4500-7000 | 6500-10000 | 9000-15000 |
| Futian District | 2200-3800 | 4000-6500 | 6000-9500 | 8500-14000 |
| Luohu District | 1800-3200 | 3500-5500 | 5000-8000 | 7000-12000 |
| Longhua District | 1500-2800 | 2800-4500 | 4000-6500 | 5500-9000 |
| Bao'an District | 1600-3000 | 3000-5000 | 4500-7000 | 6000-10000 |
| Longgang District | 1200-2500 | 2500-4000 | 3500-6000 | 4500-8000 |
2. Ranking of popular areas for renting houses in Shenzhen
According to recent data from the rental platform, the most popular areas in Shenzhen are:
| Ranking | area | Popular reasons |
|---|---|---|
| 1 | Longhua District | Metro Line 4 is convenient and has a high cost performance |
| 2 | Bao'an District | Line 11 goes directly to Nanshan, with relatively low rent |
| 3 | Longgang District | The lowest rent is suitable for those with limited budgets |
| 4 | Nanshan District | Technology companies gather in a strong demand |
| 5 | Futian District | CBD core area, complete commercial supporting facilities |
3. New trends in renting in Shenzhen in 2023
1.Rents rise slightly: The tide of return to Shenzhen after the Spring Festival has driven the demand for renting houses, and rents in some areas have increased by 5%-10% compared with the end of last year.
2.Long-term rental apartments are popular: The post-90s and post-00s prefer to choose branded long-term rental apartments, accounting for 35%.
3.Commuting time becomes key: 70% of tenants expressed their willingness to pay 10% of the rent for commuting time within 30 minutes.
4.Smart home becomes standard: The rental premium for houses with smart door locks and smart home appliances can reach 15%-20%.
4. Shenzhen’s strategy for saving money by renting a house
1.Off-peak rental: March to April is the traditional peak season, and rents may fall by 5%-8% from May to June.
2.Shared options: The per capita cost of a two-bedroom shared house is 30%-40% lower than that of a single room.
3.Pay attention to the end of the subway: For example, the rent around stations such as Pingzhou and Gushu are 40% lower than that in the core area.
4.Signing contracts in off-season: Landlords prefer to provide a 1-2 month rent-free period from November to December.
5. Recommended price-performance ratio for renting houses in various districts in Shenzhen
| Budget scope | Recommended area | Typical listings |
|---|---|---|
| Below 1,500 yuan | Longgang Buji, Pingdi | 10㎡ single room, farmer's house |
| 1500-2500 yuan | Longhua Minzhi, Bao'an Xixiang | 15-20㎡ studio room, apartment |
| 2500-3500 yuan | Futian Shangxiasha, Nanshan Taoyuan | One bedroom 25-30㎡ |
| More than 3,500 yuan | Nanshan Science and Technology Park, Futian CBD | Branded apartment one-bedroom |
Summary: Shenzhen’s rental prices show obvious regional differentiation, from a single room with an average monthly price of 1,200 yuan to a luxury house with a monthly price of 15,000 yuan. It is recommended that renters choose cost-effective areas based on their comprehensive considerations of work location, commuting time and budget. At the same time, pay attention to the dynamics of the rental market and seize the opportunity of discounts, we can find a satisfactory residence in Shenzhen, a high-priced city.
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