Shenzhen real estate market — prices, rental yield and trend

• Average price: $13,730 / m²
• Gross rental yield: 1.33%
• 12-month price change (USD): 3.7%
• Price basis: local-market average

Residential property in Shenzhen averages $13,730 per square metre, +3.7% in dollar terms over the last twelve months. That makes it the 6th most expensive of the 264 markets in the set. In local currency the same twelve months read -2.7%; the 6.4-point gap is the exchange rate, not the housing market.

What a buyer pays in Shenzhen

The $13,730 figure is a local-market average across all residential property types: a flat in a prime district sits well above it, an older unit on the edge of the market well below. Against the China national average of $4,636, Shenzhen carries a 196.2% premium — the gap between this market and the country as a whole. Among the other China markets we track, Shanghai at $13,690 is level with it, and Beijing at $12,499 is 9.8% cheaper.

What it earns

A square metre lets for about $15.2 a month. Against a purchase price of $13,730 per square metre that is 1.3% gross, before tax. Both figures come from the same source and the same period, so you can check the arithmetic yourself. It ranks 310th of 311 markets by gross yield.

How this figure is built

The price figure for Shenzhen is built from asking prices from listings. It was last refreshed on 2026-10-17. We rate our confidence in this market’s data low — treat the figures as indicative and check them before acting. We recompute every market the same way, which is what lets Shenzhen be compared with a country average or another city.

Sources: Numbeo Shenzhen · numbeo.com · stats.gov.cn. Snapshot: 2026-10-17.