Finding an affordable property for rent in Singapore can be a challenging task, especially in a competitive and high-cost housing market. However, with the right strategies and knowledge, you can discover a suitable rental property that fits your budget and meets your needs. 

In this article, we’ll explore various methods to help you find property to rent in Singapore without breaking the bank.

Understanding the Singapore Rental Market

Before beginning your search for an affordable rental property, it’s helpful to have a basic understanding of the Singapore rental market. The city-state is known for its high cost of living, and this extends to the housing market as well.

Factors Affecting Rental Prices

Several factors can influence the cost of property for rent in Singapore, including:

  • Location: Properties in central, well-connected areas tend to have higher rental prices than those in more remote locations.
  • Size and type of property: Larger properties and those with more amenities, such as condominiums, generally command higher rents than smaller, more basic units.
  • Age and condition of the property: Newer properties or those in better condition often have higher rental rates than older or less well-maintained units.
  • Market demand: Rental prices can fluctuate based on the supply and demand for properties in a given area.

Average Rental Prices in Singapore

According to data from the Urban Redevelopment Authority (URA), the median monthly rent for private residential properties in Singapore was around S$3,500 as of Q1 2021. However, this figure varies widely depending on the factors mentioned above, and more affordable options are available for those who know where to look.

It’s important to note that rental prices can also vary depending on the type of property. For example, HDB flats, which are government-subsidized housing units, generally have lower rental rates than private condominiums or landed properties.

Strategies for Finding Affordable Property for Rent in Singapore

Expand Your Search Area

One of the most effective ways to find affordable property for rent in Singapore is to broaden your search area. While central locations like Orchard Road or Marina Bay may be convenient, they also come with a hefty price tag. Consider exploring neighborhoods further from the city center, such as Woodlands, Yishun, or Jurong East.

These areas often have lower rental prices while still offering a good range of amenities and transport connections. Don’t be afraid to step outside your comfort zone and discover new parts of the city.

When expanding your search area, consider factors such as:

  • Proximity to your workplace or school
  • Access to public transportation
  • Availability of amenities like grocery stores, restaurants, and healthcare facilities
  • Safety and security of the neighborhood

By prioritizing your needs and being open to different locations, you can find more affordable rental options that still meet your requirements.

Consider HDB Flats

For those on a tight budget, renting an HDB flat can be a more affordable option compared to private properties. HDB flats are government-subsidized housing units that come in various sizes and configurations, from studio apartments to larger family units.

To find an HDB flat for rent, you can:

  • Visit the HDB website and browse their rental listings
  • Check online classifieds and property portals
  • Engage a property agent who specializes in HDB rentals
  • Ask friends, family, or colleagues if they know of any available units

When considering an HDB flat, keep in mind that there are specific eligibility requirements and rental regulations. For example, you must be a Singapore citizen or permanent resident to rent an HDB flat directly from the HDB. If you’re renting from a private owner, there may be additional rules regarding subletting and minimum rental periods.

It’s also important to note that while HDB flats are generally more affordable than private properties, they may have fewer amenities and may be located in less central areas.

Opt for a Smaller Unit

Another way to find affordable property for rent in Singapore is to opt for a smaller unit. While a spacious apartment or house may be appealing, it also comes with a higher price tag. By choosing a smaller unit, such as a studio apartment or a one-bedroom flat, you can significantly reduce your rental costs.

When considering a smaller unit, think carefully about your space requirements and storage needs. Look for properties with efficient layouts and built-in storage solutions to maximize your living space.

Some benefits of opting for a smaller unit include:

  • Lower rental prices
  • Reduced utility costs
  • Easier maintenance and upkeep
  • Potential for a more central location

However, it’s essential to ensure that the unit still meets your basic needs and provides a comfortable living environment. Consider factors such as natural light, ventilation, and privacy when evaluating smaller rental properties.

Share the Cost with Roommates

If you’re open to sharing your living space, finding roommates can be an excellent way to reduce your rental costs. By splitting the rent and utilities with one or more housemates, you can afford a larger or more centrally-located property than you could on your own.

When searching for roommates, be sure to:

  • Clearly communicate your expectations and preferences
  • Conduct thorough interviews and background checks
  • Establish a written agreement outlining each person’s responsibilities and contributions
  • Choose roommates with compatible lifestyles and habits

Negotiate the Rental Price

In some cases, you may be able to negotiate a lower rental price with the landlord or property agent. This is particularly true if you’re planning a longer lease or if the property has been on the market for an extended period.

When negotiating the rental price, be sure to:


  • Research comparable properties in the area to establish a fair market price
  • Highlight your strengths as a tenant, such as a stable income or a history of prompt rental payments
  • Be willing to compromise on certain aspects of the property or lease terms
  • Present a polite and professional demeanor throughout the negotiation process

If the landlord is unwilling to budge on the rental price, consider negotiating for other concessions, such as a shorter lease term, the inclusion of certain furnishings or appliances, or a reduction in the security deposit.

Remember, the worst a landlord can say is no, so it never hurts to ask for a lower rental price or more favorable lease terms.

Additional Tips for Finding Affordable Property for Rent in Singapore

  1. Start your search early to give yourself plenty of time to find the right property.
  2. Be flexible with your move-in date, as some properties may offer discounted rates for less popular time frames.
  3. Consider properties with fewer amenities or older fixtures and fittings, as these often have lower rental prices.
  4. Explore online classifieds and property portals to access a wide range of rental listings.
  5. Engage with a reputable property agent who can help you navigate the rental market and find suitable properties within your budget.
  6. Be open to alternative living arrangements, such as renting a room in a shared flat or a serviced apartment.
  7. Consider properties in up-and-coming areas that may have lower rental prices but are expected to appreciate in value over time.
  8. Don’t be afraid to ask for recommendations from friends, family, or colleagues who have experience renting in Singapore.


Finding affordable property for rent in Singapore may take some effort and patience, but it’s certainly possible with the right strategies and mindset. By expanding your search area, considering HDB flats, opting for smaller units, sharing costs with roommates, and negotiating rental prices, you can uncover hidden gems in the Singapore rental market.

Remember, while it’s important to stick to your budget, it’s equally crucial to find a property that meets your needs and provides a comfortable living environment. Take the time to carefully consider your options, and don’t be afraid to ask questions or seek advice from professionals in the field.

With persistence and a proactive approach, you can successfully find a property to rent in Singapore that fits your budget and exceeds your expectations. Keep an open mind, stay informed about market trends, and be ready to act quickly when you find a suitable rental opportunity.