Chiang Mai Condo Rental Rate Comparison by Area — Updated 2026

Chiang Mai Condo Rental Rate Comparison by Area — Updated 2026

Current rental data is an essential tool for both investors and tenants. This article compiles actual 2026 market rental rates.

Area 1: Nimman-Huay Kaew-Hillside 4

Main tenants: Foreign Digital Nomads, medical staff, Expat Families
2026 Rates: Studio THB 7,000-12,000; 1-bed THB 10,000-22,000; 2-bed THB 18,000-45,000; Penthouse/high-floor Doi view THB 25,000-65,000
Average Gross Yield: 5-7%

Area 2: Old City-Chang Phueak-Sri Phum

Main tenants: CMU students, hospital staff, medium-term visitors
2026 Rates: Studio THB 5,500-10,000; 1-bed THB 8,000-16,000; 2-bed THB 14,000-28,000
Average Gross Yield: 6-8%

Area 3: Suthep-CMU

Main tenants: CMU students, lecturers, researchers
2026 Rates: Studio THB 4,500-8,000; 1-bed THB 7,000-14,000; 2-bed THB 12,000-22,000
Average Gross Yield: 6-9%

Area 4: Hang Dong-Ban Klang

Main tenants: Thai families, company employees, space-seeking Expats
2026 Rates: 1-bed THB 6,000-11,000; 2-bed THB 10,000-18,000
Average Gross Yield: 6-9%

Area 5: San Sai-Maejo

Main tenants: Maejo University students, industrial workers
2026 Rates: Studio THB 3,500-6,500; 1-bed THB 5,500-10,000
Average Gross Yield: 7-10%

Area 6: Chang Phueak-Lower Mae Rim

Main tenants: Expat Families, international school staff
2026 Rates: 1-bed THB 8,000-15,000; 2-bed THB 14,000-28,000
Average Gross Yield: 6-8%

Rent-Affecting Factors Across All Areas

Floor level and view: High floors with good views add 20-40%; Freshness and condition: New or well-renovated units command higher rent; Full furnishing: +15-30% vs unfurnished; High-speed internet: +THB 500-1,500/month for tech-savvy tenant groups

MORE Value. MORE Trust. Always.
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