Hong Kong: average rent of public rental housing housing by district 2023

As of March 2023, the average monthly rent for public rental housing in Hong Kong's New Territories was 67 Hong Kong dollars per square meters. These type of apartments were rent-controlled and therefore were significantly cheaper than their private counterparts. For instance, whereas public housing in the New Territories costs 67 Hong Kong dollars per square meter per month on average, a private apartment in the same districts costs 257 Hong Kong dollar per month.

Average monthly rent of public rental housing in Hong Kong from 2007 to 2023, by district (in Hong Kong dollars per square meter)

Characteristic	Hong Kong island	Kowloon	New territories
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Release date

August 2023

More information

Region

Hong Kong

Survey time period

2007 to 2023

Supplementary notes

One Hong Kong dollar equals approximately 0.13 U.S. dollars and 0.12 euros (as of September 2023).

The values represent the average monthly rent as at the end of March of the year.

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