What Can US$3,500 In Rent Money Get You In Hong Kong?

Homes Mar 13, 2023

If budget is a concern, look no further. Here are 10 conveniently located Hmlet apartments in bustling Hong Kong that fit the bill and check all the boxes.

Finding an apartment in Hong Kong can be really stressful, especially if you are unsure whether you are looking to stay short-term or long-term. However, we find that one way to manage this unnecessary stress is narrowing down your options based on a budget.

With this in mind, here are 10 rental housing options that range from studio apartments for couples to three-bedroom apartments for families that are priced for under USD$3,500/month in Hong Kong.

Disclaimer: Prices below are based on the exchange rate of US$1 = HK$8. Prices for units stated here are also subject to change without prior notice.

1. Chun King Court, Sai Ying Pun

USD$3,175, HKD $24,900

Located a minute away from Sai Ying Pun MTR station, is where you will find Chun King Court.

Just how near is Chun King Court from the Sai Ying Pun MTR station? Just a minute’s walk. It’s so close, you can see the station from this pleasant three-bedroom apartment.

Living here means that you won’t have to endure the bumper to bumper traffic when you could just train your way around Hong Kong. Not to mention, the Central Business District is just two train stops away.

And if you’re looking to explore the area and take in the sights, head to the Sun Yat Sen Memorial Park to take in the panoramic sights that overlook Victoria Harbour.

2. Ka Fung Building, Hong Kong University

USD$2,339, HKD$18,360

If the idea of sharing space with 30 other students in a student dorm is not what you’re after, why not pick your closest bud and rent out this two-bedroom apartment instead?

A short seven-minute walk from Hong Kong University, you won’t have any excuse to skip lectures any more. To add, you’ll be surprised that although this is a quieter district, there are still plenty of trendy food haunts and watering holes like the Baan Thai Restaurant and The Junkyard Dog Bar nearby.

3. Swatow Street, Wan Chai

USD$3,006, HKD$23,600

Hmlet Swatow Street

This two-bedroom apartment is suited for those who enjoy exploring and checking out new spots over the weekend. Located at Wan Chai, this up-and-coming spot was dubbed as Hong Kong’s coolest neighbourhood to be in.

As this apartment sits right along Swatow Street, you’ll be able to enjoy the famous nightlife along Lockhart Road, immerse in art and culture at the Hong Kong Arts Centre or catch a movie on an open terrace.

4. Cheong King Court, Sai Ying Pun

USD$2,293. HKD$18,000

Hmlet Cheong King Court

Looking for a pet-friendly apartment that is also centrally located may be difficult when most landlords have a strict ‘no pets’ policy. But you won’t have to worry about any of that at this two-bedroom apartment. Other than providing all-inclusive rent (fully-furnished, WiFi and utilities included), all paws, scales, feathers, and fins are welcome here.

Located at Sai Ying Pun, this apartment is also near many pet-friendly establishments that you can explore with your fur-kid.

5. La Maison Du Nord, Kennedy Town

USD$3,185, HKD$25,000

Hmlet La Maison Du Nord

If you’re looking for a family home and appreciate retreating back to a quiet sanctuary, this three-bedroom apartment might be the one for you. With the Harbour, a stone’s throw away and multiple parks nearby, this neighbourhood provides some respite from Hong Kong’s hustle and bustle.

And if schools for your kids are a consideration, there are plenty of renowned schools like the ESF Kennedy School and Woodland Pre-School located nearby.

6. 248 Queens Road West, Sai Ying Pun

USD$2,380, HKD$18,680

Hmlet 248 Queens Road West

Land scarcity doesn’t have anything on this two-bedroom apartment. It is spacious enough to accommodate up to four and a four-seater dining table in the living room that can double up as a WFH station or for dinner nights with your fellow housemates.

With its warm sage-coloured walls, unique tiled floors and modern furnishings, won’t you want to come home to this after a long day's work? To end off, being located at Sai Ying Pun also meant that commuting to and fro from the city centre will be convenient as Central is just 2 stops away.

7. High House, Sai Ying Pun

USD$3,249, HKD$25,500

Hmlet High House

Are you looking for a perfect blend of old-school charm and modernity? From the living room sofa to lights, refrigerator and bed, this three-bedroom apartment offers everything you’ll need to call a place home.

Located 1 minute from the Sai Ying Pun MTR station, heading to work or school will no longer require you to jump through hoops. And when it comes to meals, you’ll be spoilt for choice with the many trendy Western restaurants and traditional cha-chaan tengs at your doorstep.  

8. 224 Queens Road West, Sai Ying Pun

USD$2,166, HKD$17,000

Hmlet 224 Queens Road West

We know how precious space is, especially in Hong Kong. We also know how difficult it is to find one that is centrally located and near to eateries. Well, this studio apartment in Sai Ying Pun is exactly all that.

This charming studio apartment boasts eclectic design, modern wood furniture, and sensible prints that are tastefully used in the living room and bedroom — reminiscent of Parisian apartments if you will.

Also, if you’re hosting your friends and are faced with space constraints, this apartment has got you covered. Just bring a couple of wine bottles and snacks, and walk up to the private rooftop to unwind.

9. Western Garden, Sai Ying Pun

USD$2,930, HKD$23,000

Hmlet Western Garden

Unlike most of the apartments in Sai Ying Pun which are older walk-up buildings, this apartment is gated with a security guard and even has elevators for easy access to the unit. As such, this two-bedroom apartment makes it good for families with elderly folks or babies.

Moving on to the apartment itself, features plenty of windows in the bedrooms and living area to allow more light in and make the space look bigger. Each bedroom also comes with a desk that is large enough for a WFH workstation or vanity counter.

Being right beside Sai Ying Pun MTR station, you won’t have to fork out expensive cab fares since you can get around the island easily.

10. Second Street, Sai Ying Pun

USD$2,600, HKD$18,680

Hmlet Second Street

Located in one of the oldest neighbourhoods of Hong Kong, this cosy two-bedroom apartment is tucked along the slopes of Sai Ying Pun, allowing you to take in the charms of Hong Kong.

Sai Ying Pun used to be a former British camp, and you may be able to catch a glimpse of a few landmarks from the past. Other than being a hip and trendy place with cool bars and restaurants to go to, travelling around Sai Ying Pun is incredibly convenient. Hop on the train or minibus and you’ll reach Central in less than 10 minutes. Alternatively, there’s also the Sai Ying Pun escalator that brings you from Bonham Road down to Des Voeux Road West.

Now, if you'd like to be 100% sure about your choice, you may read more about what to look out for before you sign the lease. If you need a little more help, get in touch with our sales team who can take you on home tours and help find your next home at Hmlet.


Jermaine Ng

Marketing Intern at Hmlet. During her free time she reads, boulders and indulges in nature documentaries.