Chiang Mai, Thailand
Property prices · 2025 · Asia · Price +4% vs 2024
Property price trend in Chiang Mai (2024–2026)
Property comparison — cities in Thailand (2025)
Other Asia cities (2025)
Frequently asked questions
How much does property cost in Chiang Mai in 2025?
In Chiang Mai, the average price per sqm in the city centre is THB 67,600, and THB 46,800 outside the centre (2025 data). Prices have risen 7.2% since 2024.
How much is rent in Chiang Mai in 2025?
A 1-bedroom apartment in Chiang Mai rents for approximately THB 12,480 per month in 2025. A 3-bedroom apartment costs around THB 19,760/month.
Is it better to buy or rent in Chiang Mai?
Renting is generally more cost-effective in Chiang Mai. The price-to-rent ratio is 22.0x — it would take approximately 22.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 6.50%.
What are mortgage rates in Thailand in 2025?
The average mortgage rate in Thailand is approximately 6.50% as of 2025. With a price-to-rent ratio of 22.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Chiang Mai changed?
Property prices in Chiang Mai have changed +4% vs 2024. Since 2024, prices have increased by 7.2%. Use the year tabs above to compare prices across years.
What is the price per sqm in Chiang Mai?
The average property price per square metre in Chiang Mai city centre is THB 67,600 in 2025. Outside the centre, expect to pay around THB 46,800/sqm.