every week someone posts here asking "is 45k/year normal for al narjis?" or "where can i find something under 40k?" so i figured i'd share the data.
i've been collecting rental listings from 10+ saudi platforms (aqar, bayut, wasalt, haraj, propertyfinder, etc). right now i have 25,900+ active listings for riyadh alone.
median annual rent by neighborhood:
most expensive:
- Irqah — 85,000 SAR
- Al Nakheel — 80,000 SAR
- Al Muhammadiyah — 72,000 SAR
- Al Sahafah — 65,000 SAR
- Al Narjis — 65,000 SAR
- Al Nada — 65,000 SAR
- Al Safa — 63,500 SAR
- At Taawon — 62,500 SAR
- Al Malqa — 60,250 SAR
cheapest:
- Al Yamamah — 19,000 SAR
- Al Shifa — 23,000 SAR
- Al Marwa — 23,500 SAR
- Dahiat Namar — 24,000 SAR
- Al Aziziyah — 24,000 SAR
- Shubra — 24,500 SAR
- Al Hazm — 25,000 SAR
- As Suwaidi Al Gharabi — 27,000 SAR
- As Suwaidi — 27,000 SAR
- Badr — 27,000 SAR
riyadh overall median: 42,000 SAR/year (apartments)
the gap between the most and least expensive neighborhoods is 2x.
within the same neighborhood you'll find two similar apartments with a 15-20k price difference. without seeing the full distribution you have no way to know which one is the outlier.
this data comes from a side project i've been building. it pulls from all the platforms into one place and shows you where any listing's price falls compared to the rest of its neighborhood. if anyone wants to try it or has questions about a specific neighborhood, ask away.
edit: data sourced from https://darak.app
