A one-bedroom in a mid-tier Hong Kong neighbourhood runs roughly USD 2,000 to 2,800 a month (HKD 15,500 to 22,000), with the moderate benchmark sitting at $2,222. Premium areas (Mid-Levels Central, The Peak, Repulse Bay) run USD 3,500 to 6,000+ for similar square footage. Outer Kowloon, the New Territories, and parts of Sham Shui Po or Tuen Mun bring the same one-bedroom down to USD 1,200 to 1,700. Square footage is the gotcha: a โone-bedroomโ in Hong Kong often means 350 to 500 sq ft (33 to 46 sq m), notably smaller than a US or UK equivalent. Buildings with sea or mountain views, club amenities, or a managed estate carry a 25 to 40 percent premium. Furnished short-let serviced apartments run 50 to 100 percent above unfurnished annual leases. For the full housing breakdown, see our Hong Kong cost of living page.
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How much is rent in Hong Kong in US dollars?
City Asia
Updated July 2026