Note · 2026-09-25

Private rents held at S$4,300 a month across 3 quarters of contracts

What URA's filed tenancy contracts show a 1-, 2- or 3-bedroom private home renting for now, and what a flat median cannot tell you about your own unit.

3 min read · Written by the Truestorey desk from the filed data, and published by Shervin Poh. Its figures were read from the filed data when it was published on 2026-09-25 and are not re-read since. The pages they came from carry the current ones.

Photograph: Looking along the Singapore River near the Alkaff Bridge, with the Miramar in the distance and River Place condominiums to the left
Looking along the Singapore River near the Alkaff Bridge, with the Miramar in the distance and River Place condominiums to the left, Mar 2018. A general view, not a photograph of any property this piece discusses.Photo: Orderinchaos · CC BY-SA 4.0 · via Wikimedia Commons

If you are counting on rent to cover a mortgage, the typical non-landed private home let for S$4,300 a month in 2026-Q2, according to URA's filed tenancy contracts. The median was also S$4,300 in 2025-Q4 and S$4,300 in 2026-Q1. The middle of the rental market has held still.

The numbers
  • S$4,300 median monthly rent, non-landed private homes 2026-Q2 · URA Data Service — PMI_Resi_Rental
  • 0.0% change in that median 2025-Q4 to 2026-Q2 · Truestorey, from URA Data Service — PMI_Resi_Rental
  • S$4,200 median monthly rent, 2-bedroom non-landed homes 2026-Q2 · URA Data Service — PMI_Resi_Rental

The median has not moved across 3 quarters of filed contracts

Truestorey's reading of URA's data puts the change in the median monthly rent at 0.0% from 2025-Q4 to 2026-Q2. The latest figure rests on 22,158 tenancy contracts filed in 2026-Q2. That is a broad base, and it is actual signed rents rather than asking prices.

The run is short. Only 3 quarters of contracts are on file, so these figures show direction over a brief stretch. They do not describe a rental cycle, and they cannot tell you where rents sat at an earlier peak or trough.

A steady median can hide a change in what is being let

URA records each home's floor area as a range, not its exact size. The overall median is also taken across every size of home let in the quarter. If more small units change hands in one quarter and more large ones in the next, the median can move even when no individual rent has changed. It can also stay put while rents for particular sizes shift in opposite directions.

A flat S$4,300 is therefore a statement about the middle of whatever was let in each quarter. It is not proof that every type of home is renting for what it did in 2025-Q4.

What a 1-, 2- and 3-bedroom home rents for now

Splitting the 2026-Q2 contracts by bedroom count gives a sharper picture:

  • 1-bedroom: a median of S$3,300 a month
  • 2-bedroom: a median of S$4,200 a month
  • 3-bedroom: a median of S$5,300 a month

The 2-bedroom median sits just below the overall figure, which is what you would expect if these homes make up a large share of what is let. The 3-bedroom median is well clear of both.

Each bedroom count still covers a spread of sizes, since floor area is recorded only as a range. A compact 2-bedroom and a generous one fall into the same group.

Your unit, not the median, decides whether rent covers the loan

A median is a midpoint. As many contracts sit above it as below. If your instalment is close to the median for your bedroom count, a rent at the lower end of the range for your type of home could leave you topping up each month.

For a landlord with a loan, the flat run means there has been no rise in the middle of the market to lean on. For a tenant renewing, it means the typical signed rent for a home like yours is the same as it was in 2025-Q4, though your own home may differ. For a buyer planning to let, the bedroom medians are a starting point, not a figure to write into a spreadsheet as your rent.

None of these figures says what any home is worth or where rents will go next. They record what tenants signed for.

What to check before you rely on rent

  • Your own project's contracts. Look at rents filed for your development and bedroom count, not the market-wide median.
  • The floor area range. Compare against homes in the same range as yours, since a bedroom count alone mixes sizes.
  • How recent the contracts are. With only 3 quarters on file, older comparisons are thin.
  • Gaps between tenancies. A signed rent says nothing about the months a home stands empty, which your loan still has to cover.
  • Your instalment against the lower end. Ask whether you could carry the loan if your rent came in below the median for your type of home.

To see how filed rents compare with prices in individual developments, use Truestorey rental yields by project.

What this was written from

Primary sources, linked rather than reproduced. Nothing on this site republishes somebody else’s reporting.

rentrentallandlordprivate rentstenancy contractsura data

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