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The research comes from the financial experts at Remitly, who analysed data from over 40 popular city destinations globally, to determine which are the world’s cheapest cities to rent a property in 2025.

A narrow street in Japan, with houses

Image Credit:note thanun

The most affordable countries to rent a property:

Rank City Country Rental deposit Six months rent
1 Bangkok Thailand $327.50 $1,965.00
2 Kuala Lumpur Malaysia $339.17 $2,035.02
3 Taipei Taiwan $512.01 $3,072.06
4 Budapest Hungary $526.70 $3,160.20
5 Athens Greece $558.14 $3,348.84
6 Mexico City Mexico $572.76 $3,436.56
7 Tokyo Japan $634.93 $3,809.58
8 Istanbul Turkey $639.63 $3,837.78
9 Vienna Austria $856.99 $5,141.94
10 Prague Czech Republic $859.66 $5,157.96

Tokyo came 7th overall.

Further Findings:

  • Bangkok is the most cost-effective city to move to, with an estimated relocation cost of just under £3.6k (approximately $5.3k).
  • Cities in Australia have the highest visa costs globally, with a visa costing on average £978.98.
  • Munich in Germany had the highest cost for basic utilities, with a month’s bills setting you back around £1,521