HDB Rents To September 2026: 4-Room Median S$3,400 A Month, +3.0% On The Year

If you rent out a flat or rent one yourself, the asking figures can feel hard to place. Medians from recorded approvals give you a fixed point to compare against.

In this article, we look at HDB median approved rents by flat type and by town. We also cover private rents by segment for Q3 2026. We close with the gross yields our engine measures.

Over July 2026 to September 2026, the 4-room HDB median approved rent was S$3,400 a month. That came from 3,226 approvals, and is 3.0% above the same window a year earlier. The HDB figures come from rental approval records on data.gov.sg.

What Are HDB Rents By Flat Type?

Approved rents are recorded by flat type. The table below sets the latest three-month window against the same window in 2025.

The table shows 3-room flats at a median of S$2,900 from 2,940 approvals, up 3.6%. That is the largest rise of the four types. Executive flats had the highest median at S$3,890, from 426 approvals.

Note that 5-room flats sat at S$3,500, unchanged on the year. The 5-room and 4-room medians are close, with 1,929 approvals behind the 5-room figure.

Which Towns Had The Highest 4-Room Rents?

Rents vary widely by town. The table below ranks the 24 towns with enough approvals in the window.

Central Area led at S$4,700, from 36 approvals. Bukit Panjang was lowest at S$3,000, from 86. Queenstown and Clementi followed Central Area, at S$4,300 and S$4,100.

Note the approval counts. Central Area and Geylang rest on 36 and 71 approvals, so their medians move more easily than Jurong West, which has 262. Geylang recorded the largest change at +8.6%. Bukit Merah was the only town to fall, at -2.5%.

How Have 4-Room Rents Moved Month By Month?

A single quarter can hide the path a figure took. The chart below tracks the 4-room median month by month.

The line sat at S$3,300 for much of the stretch, with July 2025 a single step to S$3,400. It reached S$3,400 again from May 2026, then settled at S$3,350 in August 2026 and September 2026.

The chart begins at S$3,300 in October 2024 and ends at S$3,350 in September 2026. That is a change of 1.5% across the 24 months charted.

What Did Private Rents Do In Q3 2026?

Private rents are measured per square foot a month, from contracts filed with URA. The table below covers the three segments for Q3 2026.

The CCR median was S$5.88 psf a month, with a median rent of S$5,650 from 5,254 contracts. That is up 1.0% on the year, the smallest rise of the three.

The OCR rose most, at 2.7%, to S$4.52 psf a month and a median rent of S$4,100. The RCR sat between the two, up 2.2%, from 6,448 contracts. The OCR carried the largest count at 8,079.

What Gross Yields Does The Data Show?

Our engine measures gross yield as annual rent over resale price. The two tables below show the HDB and private figures.

Among flats, 3-room came out highest at 8.0%, across 562 blocks. The 4-room figure was 6.1% across 543 blocks. Executive flats were lowest at 4.9%, from 54 blocks.

On the private side, the range runs from 1.5% for freehold landed in the RCR to 3.5% for leasehold strata in the CCR. Freehold strata in the CCR measured 2.6% across 808 projects. Leasehold strata in the OCR measured 3.4% across 290 projects.

Summary

The 4-room HDB median approved rent was S$3,400 a month over July 2026 to September 2026. That is 3.0% above the same window a year earlier. The 3-room median rose 3.6% to S$2,900, and the 5-room median held at S$3,500. In private housing, Q3 2026 medians ranged from S$4.52 psf a month in the OCR to S$5.88 psf a month in the CCR.

These are medians from recorded deals, not valuations. HDB figures come from rental approvals on data.gov.sg, and private figures from URA contract records. A median tells you the middle of what was signed. It does not tell you what any one flat or unit would fetch. Towns with few approvals, such as Central Area with 36, can swing on a small change in mix.

Method: HDB rents are the median of rental approvals published on data.gov.sg over the three months named, by flat type and town. Private rents are URA rental contracts, median rent per square foot a month by the project's segment. Gross yield is the engine's annualised median rent over the median resale price for the same group, gross of all costs. Groups with fewer than 30 approvals or contracts are omitted. Private figures are from URA Data Service caveats, HDB figures from data.gov.sg resale records, both loaded weekly by this site's ingest. Medians are of the non-excluded transactions in the period named. Sales flagged by the hygiene rules (related-party transfers, bulk deals, outliers) are left out. Every figure is indicative and drawn from recorded transactions, not a formal valuation.