Rent & Real Estate

Phnom Penh Apartment Rental 2026: Areas, Costs & Tips

Quick Answer for 2026 Last Updated: September 2026

Renting in Phnom Penh is fast, friendly, and significantly cheaper than in Bangkok or Singapore. You can find quality 1-bedroom serviced units for $300–$450/month in Toul Tom Poung (Russian Market) and $600–$1,000/month in BKK1. Expect a 1-month deposit on a 6-month lease or a 2-month deposit for 1 year. The two biggest financial risks to watch are landlord electricity surcharges above the EDC rate (EDC rates are tiered, check your bill) and failure of the landlord to log you into the police FPCS immigration registry.

Renting an Apartment in Phnom Penh (2026): Neighborhoods, Costs & Rental Secrets

Finding a home in Phnom Penh is one of the easiest expat transitions in Southeast Asia. There are no restrictive agent commissions charged to tenants, no complex government approval boards, and you can tour five modern apartments in a single afternoon and sleep in your chosen bed the same night.

However, the city’s rapid construction boom has created an enormous variance in build quality, utility bills, and neighborhood noise. Finding the sweet spot between a peaceful rooftop sanctuary and an overpriced concrete box requires knowing the neighborhoods, understanding how utilities work, and reviewing your lease before handing over cash. If you are budgeting your overall move, compare these numbers with our complete guide on what Cambodia really costs in 2026.

Which Phnom Penh Neighborhood Fits Your Lifestyle and Budget?

Phnom Penh is divided into Khans (districts) and Sangkats (sub-districts). Most expats concentrate inside three distinct hubs, each with unique pricing, walkability, and social vibes.

Boeung Keng Kang 1 (BKK1)
THE DIPLOMATIC & LUXURY CORE

Leafy, embassy-heavy, filled with upscale cafes, organic grocery stores, and high-rise condominiums with infinity pools.

1-Bed Modern Condo: $650 – $1,200
Walkability: 9/10 (Paved & Clean)
Toul Tom Poung (TTP)
THE RUSSIAN MARKET VIBE

The bohemian center of Phnom Penh. Packed with craft cocktail bars, specialty coffee shops, yoga studios, and renovated shophouses.

1-Bed Serviced Flat: $350 – $550
Walkability: 7/10 (Bustling streets)
Tonle Bassac
BASSAC LANE & RIVERFRONT

Adjacent to BKK1 and AEON Mall 1. Features quiet gated alleyways, chic micro-bars on Bassac Lane, and modern river-facing towers.

1-Bed Studio/Condo: $450 – $800
Walkability: 8/10 (Central access)

Keep reading

Related guides

  1. Where to live in Phnom PenhExpat neighbourhoods compared.
  2. Renting a condo in Phnom PenhLeases, deposits and what to check before you sign.
  3. Cambodia rental market 2026Expat rent levels and the hidden costs.
MoveKH Editorial Desk

Written & Verified by MoveKH Editorial Desk

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On-the-ground relocation researchers and long-term expatriates verifying Cambodia visa rules, housing prices, banking systems, and daily living costs.

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