For those looking to cut down on living expenses, some countries offer incredibly low rental prices. Whether you’re looking for a budget-friendly destination for long-term living or seeking to work remotely from an affordable location, several countries provide housing at a fraction of the cost compared to cities in Europe or North America.
Here’s a look at the countries where rent is among the cheapest in the world.
1. India: Affordable Rents in Growing Cities
India is one of the most affordable countries in the world when it comes to housing. In major cities like Mumbai or Delhi, rents can vary depending on the neighborhood, but in smaller cities and towns, rents are incredibly low. Even in popular digital nomad hubs like Goa, rent prices are very budget-friendly.
- Average Rent: In smaller cities, you can rent a modest apartment for as little as $100 to $200 USD per month. In larger cities like Mumbai or Delhi, the rent for a one-bedroom apartment in a central area ranges from $300 to $500 USD per month.
2. Pakistan: Extremely Low Rent in Urban and Rural Areas
Pakistan offers some of the lowest rent prices globally, particularly in cities like Lahore and Karachi, and even lower in smaller towns and rural areas. For expats and locals alike, the cost of living is incredibly low, making it a great option for budget-conscious individuals.
- Average Rent: A one-bedroom apartment in a city like Lahore can cost as little as $150 to $300 USD per month. In more rural or suburban areas, prices can drop to around $100 to $150 USD per month.
3. Nepal: Budget-Friendly Mountain Living
Nepal, particularly in cities like Kathmandu and Pokhara, is known for its affordability. While Kathmandu can be pricier compared to rural areas, overall rent remains extremely low by global standards, making it a popular destination for travelers and remote workers.
- Average Rent: A one-bedroom apartment in Kathmandu costs about $150 to $250 USD per month. In smaller towns or rural areas, you can find rent for as low as $100 USD per month.
4. Vietnam: Low Cost in Urban and Rural Areas
Vietnam is a top choice for expats and digital nomads due to its affordable housing, particularly in cities like Hanoi and Ho Chi Minh City. Even though these cities have modern amenities and a growing expat community, rent prices remain low.
- Average Rent: In central Ho Chi Minh City, you can rent a one-bedroom apartment for around $300 to $500 USD per month. In smaller towns and rural areas, rent can be as low as $150 to $250 USD per month.
5. Bolivia: Low Rent in the Heart of South America
Bolivia offers one of the cheapest costs of living in South America. Cities like La Paz and Cochabamba are affordable, especially in terms of rent, and rural areas are even cheaper. Despite the low prices, you can still enjoy a good standard of living with modern amenities.
- Average Rent: In La Paz, a one-bedroom apartment costs around $200 to $400 USD per month. Outside the major cities, rent can be as low as $100 USD per month.
6. Cambodia: Affordable Living in Southeast Asia
Cambodia is another Southeast Asian country with incredibly affordable rent. Cities like Phnom Penh and Siem Reap offer both modern amenities and budget-friendly housing, making it a popular destination for expats and retirees.
- Average Rent: In Phnom Penh, you can rent a one-bedroom apartment for $300 to $500 USD per month. In smaller cities or rural areas, rent can drop to $150 to $250 USD per month.
7. Ukraine: Cheap Rent in Europe
Before recent geopolitical challenges, Ukraine was considered one of the cheapest countries in Europe in terms of rent. Cities like Kyiv and Lviv offered modern living with a low cost of living, though the situation may vary based on recent events.
- Average Rent: A one-bedroom apartment in Kyiv could cost around $300 to $500 USD per month. In smaller cities, rent could be as low as $150 USD per month.
8. Georgia: Affordable and Growing in Popularity
Georgia, especially the capital city Tbilisi, has become increasingly popular among digital nomads and expats due to its affordability, visa policies, and scenic beauty. The country offers cheap rent, good internet infrastructure, and a welcoming atmosphere.
- Average Rent: In Tbilisi, you can rent a one-bedroom apartment for $300 to $400 USD per month. In smaller towns, rent can be as low as $150 to $200 USD per month.
9. Egypt: Historical Beauty with Low Rent
Egypt, particularly in cities like Cairo and Alexandria, offers incredibly cheap rent for those seeking to live in a country rich in history and culture. Despite its growing urbanization, Egypt maintains a low cost of living.
- Average Rent: A one-bedroom apartment in Cairo costs around $200 to $400 USD per month, while rural areas and smaller towns offer rent as low as $100 USD per month.
10. Indonesia: Low Rent on Tropical Islands
Indonesia, with popular islands like Bali, offers a wide range of affordable housing options. While tourist-heavy areas in Bali may have slightly higher rents, other regions of Indonesia remain extremely affordable.
- Average Rent: In central Bali, you can rent a one-bedroom apartment for $300 to $500 USD per month. In less touristy areas or other islands, rent can drop to $150 to $250 USD per month.
Conclusion: Where Rent Is the Cheapest
Countries like India, Pakistan, Nepal, and Vietnam consistently offer some of the lowest rents in the world. Whether you’re seeking city living or a rural escape, these countries provide budget-friendly housing while maintaining a good quality of life.
If you’re looking to live abroad on a shoestring budget, these countries should be at the top of your list.