The dynamic city of Phnom Penh continues to be a hub of growth and
opportunity, attracting a diverse mix of expatriates, investors, and local
professionals. Understanding the current rental landscape is crucial for
making informed decisions, whether you are looking for your next home or
seeking to maximize returns on your investment property.
At IPS, we leverage our on-the-ground expertise and comprehensive market
data to guide you. Our latest analysis breaks down the average rental prices
for condominiums and villas across key areas of the city, providing a clear
picture of what tenants can expect and what landlords can achieve.

Condominium Rentals: Variety and Value Across the City
The condominium market in Phnom Penh offers a wide range of options to
suit different budgets and lifestyles. Our data reveals distinct pricing tiers
based on location, amenities, and property size.
1. Prime Central Areas (Boeung Keng Kang 1 – BKK1 & Tonle Bassac)
As the most sought-after expatriate neighborhoods, BKK1 and Tonle Bassac
command premium rental prices, reflecting their central location, proximity
to international schools, embassies, and high-end dining and entertainment
venues.
- 1-Bedroom: $700 – $1,800
2-Bedroom: $900 – $2,800
3-Bedroom: $1,800 – $5,000
2. Emerging and Established Hubs (Chamkarmon & Daun Penh)
Adjacent to the central core, these districts offer a blend of convenience and
slightly more accessible pricing, making them popular with a broad audience.
- 1-Bedroom: $450 – $1,500
2-Bedroom: $600 – $2,500
3-Bedroom: $1,300 – $4,000
3. Family-Friendly and Suburban (Toul Kork)
Known for its wider streets, quieter atmosphere, and growing number of
modern developments, Toul Kork presents excellent value, particularly for
families seeking more space.
- 1-Bedroom: $400 – $1,500
2-Bedroom: $550 – $2,500
3-Bedroom: $1,500 – $2,500
Several of our best condo listings in Phnom Penh
Browse Our CondosVilla Rentals: Space, Privacy, and Premium Living
For those requiring more space, privacy, and often, private gardens and pools,
the villa rental market caters to senior executives, diplomats, and large
families. Location remains the primary driver of price.
1. Boeng Keng Kang (BKK1)
The epitome of luxury living, villas in BKK1 are in high demand due to their
unparalleled location.
- 3-Bedroom Villas: $2,500 – $4,500
4-Bedroom+ Villas: $3,000 – $6,000
2. Tonle Bassac
Similarly prestigious, Tonle Bassac offers luxurious villa options with easy
access to the riverside and business districts.
- 3-Bedroom Villas: $2,400 – $3,500
4-Bedroom+ Villas: $3,300 – $6,000
3. Chamkarmon & Daun Penh
These areas provide premium villa options that are often slightly more
accessible than BKK1 while still maintaining a highly central location.
- 3-Bedroom Villas: $2,500 – $3,500
4-Bedroom+ Villas: $3,000 – $5,000
Several of our best villa listings in Phnom Penh
Browse Our VillasKey Market Insights from IPS Experts
- Location is Paramount: As the data shows, a property’s district and even
specific street can significantly impact its rental value. Proximity to
amenities, security, and overall neighborhood vibe are critical factors. - Supply and Demand Dynamics: The market remains competitive.
Well-maintained, professionally managed properties in good locations
tend to have higher occupancy rates and can achieve prices at the
upper end of these ranges. - The Value of Professional Management: For landlords, navigating
tenant sourcing, vetting, lease agreements, and property maintenance
can be complex. A professional agency ensures your asset is cared for,
compliance is met, and rental income is optimized.
How IPS Cambodia Can Help You
This data is more than just numbers; it’s a roadmap. At IPS, we provide
end-to-end real estate services tailored to your needs.
- For Tenants/Renters: Our expert agents will help you navigate these
price ranges to find a home that perfectly matches your criteria and
budget. We have direct access to the properties listed in this report and
hundreds more. - For Landlords/Investors: We provide a comprehensive property
management service, from marketing your property at the optimal
price to handling all aspects of tenant relations and maintenance,
ensuring a hassle-free and profitable investment. - For Investors/Buyers: Looking to purchase? We use this rental data to
advise on investment purchases, identifying properties with the
strongest potential for capital growth and rental yield.
Ready to Find Your Place in Phnom Penh?
Let IPS’s experience and market knowledge work for you. Browse our
extensive portfolio of available rentals or speak directly with one of our
consultants for personalized advice.
Reach Out To Us Today:
Address: #182, Street 63, BKK1, Phnom Penh, 120102
Phone/Telegram: +855 77 959 861
Email: inquiry@ips-cambodia.com
• Introduction to Cambodia
» Introduction to Phnom Penh
» Introduction to Siem Reap
» Monarchy & Government
• Tourism & Residency
» Thriving Tourism Industry
» Visas in Cambodia
• Healthcare & Education
» Healthcare in Cambodia
» Education in Cambodia
» International Schools in Cambodia
• Technology
» The Rise of Technology in Cambodia
• Why invest in property in Cambodia?
• Why Invest in Condominiums?
» Condo Ownership Journey in Cambodia
• Why Phnom Penh is SEA’s New Real Estate Hotspot
• Cambodian Property Tax Guide
• Can Foreigners Own Land in Cambodia?
• Understanding Cambodian Property Titles
» Strata Title: Background, Benefits, Legal Value
• The IPS Cambodia Advantage
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