These 10 Countries Have the World's Most Expensive Apartment Rental Prices

Apartments are a popular accommodation choice for those traveling abroad. Nightly rental prices vary widely across the globe, ranging from budget-friendly to extremely expensive.

Some countries boast incredibly high apartment rental rates, reaching as much as US$2,260.49 or Rp 32.2 million (at an exchange rate of Rp 14,251/US$) per night. Based on data from Numbeo, here are the 10 countries with the highest apartment rental costs in the world in 2021:

1. Hong Kong (US$ 2,260.49/night or Rp 32.2 million/night)
2. Singapore (US$ 2,167.47/night or Rp 30.9 million/night)
3. Luxembourg (US$ 1,745.23/night or Rp 24.9 million/night)
4. Switzerland (US$ 1,629.13/night or Rp 23.2 million/night)
5. Qatar (US$ 1,588.29/night or Rp 22.6 million/night)
6. Iceland (US$ 1,401.95/night or Rp 19.9 million/night)
7. Ireland (US$ 1,355.94/night or Rp 19.3 million/night)
8. United States (US$ 1,343.13/night or Rp 19.1 million/night)
9. Australia (US$ 1,260.41/night or Rp 17.9 million/night)
10. Netherlands (US$ 1,237.44/night or Rp 17.6 million/night)

Hong Kong ranks first as the country with the highest apartment rental costs globally, reaching US$2,260.49 or Rp 32.2 million per night. Apartment purchase prices in Hong Kong are also the highest in the world, at US$32,806.12 or Rp 467.5 million per square meter.

Meanwhile, Indonesia's apartment rental prices rank 89th out of 109 countries, at US$276.14 or Rp 3.9 million per night. Indonesia's position is below Bulgaria, which has apartment rental prices of US$285.12 or Rp 4.06 million per night.