The apartment hunting process in Phnom Penh can seem daunting at first. There are so many apartment complexes and neighbourhoods to choose from when looking for an apartment to rent in Phnom Penh, but we’re here to help. On this page we will cover the basics of renting an apartment in Phnom Penh – what to expect when you arrive, areas with good apartment selections that suit a variety of lifestyles, and more.
Finding an apartment for rent in Phnom Penh
Phnom Penh apartment living has changed a lot in the last decade. There are now many condo developments as well as apartment complexes, but there are still plenty of apartment buildings to choose from that fit every budget and lifestyle. When you’re apartment hunting, consider these things: “What kind of neighbourhood do I want?” “How much space can I afford?” “Do I need a high rise building or low rise apartment complex?” The internet is your best friend when it comes to researching apartments.
Which neighbourhood to live in Phnom Penh?
The best neighbourhoods for apartment living are often determined by what kind of lifestyle you want. For example, if your main goal is to find a neighbourhood that has plenty of restaurants and nightlife options then the Riverside or Russian Market areas might be perfect for you. If on the other hand you prefer a more residential area than consider renting an apartment somewhere close to Tuol Kork or Chroy Changva which offer both city convenience as well as peace and tranquility away from it all. There really are many great choices when it comes time to finding an apartment.
Renting an apartment vs a condo
It may also be worth considering renting a modern condo for the amount of safety, security and amenities that come with them. For example swimming pools, gyms, 24 hour guards on site as well as regular landscaping and maintenance. You won’t find many of these in a typical smaller apartment building. Condos also offer great views from their higher floors whereas apartment living is more likely in areas closer to ground level.
For those looking for an apartment versus a house one consideration is how important having your own outdoor space will be? If you would prefer a house then consider renting in a borey housing development further out from the city centre.
When renting an apartment in Phnom Penh you can generally be located closer to the city centre at an affordable price.
Top tips for renting an apartment in Phnom Penh
- You should expect to pay from $500-$700 per month for a studio or one bedroom apartment and if you want more luxury or space and are willing to spend $1,000 per month or more, there are plenty of options available.
- The most expensive neighbourhoods are in the city centre, but they’re also close to everything you need. You can get a much better deal further out, but travelling can be a burden at peak times.
- There’s no shortage of things to do when living in Phnom Penh, so you won’t get bored with your day-to-day routine.
- Most apartments and condos come furnished with all the basics like a bed, television, stovetop, air conditioning – just bring clothes.
Cost of Living in Phnom Penh
The cost of living in Phnom Penh is a key draw for expats moving to Cambodia. Comparable with neighbouring Thailand or Vietnam, the cost of living is far cheaper than the UK, Europe, America or Australia. The rental apartment prices start around $500-700 depending on the area and your lifestyle needs but you can also find large luxury apartments and condos if you’re looking to spend more on comfort.
Finding an apartment for rent in Phnom Penh is easy and you will be spoiled for choice. There are lots of apartments to choose from and will suit a variety of lifestyles. Cambodia is an affordable country with fast developing infrastructure that offers many opportunities. If you’re looking for the perfect place to call home in this exciting Southeast Asian city then it is best to contact a reputable real estate agent such as Knight Frank, IPS, or Pointer who can find you the perfect apartment for rent in Phnom Penh. For further information visit our Real Estate Guide to Cambodia.