Apartments for Rent in Kuwait (1438 Ads)
Information About the Apartments Listed for Rent in Kuwait
Search for apartments or flats for rent directly from the owner for free and without commission through Boshamlan real estate finder. Apartments in Kuwait can be classified into two different types:
- The first type: Apartments in private housing areas, which are the most common in Kuwait. They are apartments or floors divided inside the houses, and homeowners rent them. These apartments provide more space and privacy, and they are more popular among Kuwaiti families.
- The second type: traditional apartments in investment areas, which are in buildings, and their area is small compared to apartments in private housing, and most of them are inhabited by expatriates, and their area is small, and various services may be available with them. It should be noted that there are several factors that made tenants prefer to live in private housing areas, such as the increase in electricity and water prices, population density, poor services, and the lack of parking spaces in investment areas.
Most apartment rents in Kuwait are paid on a monthly basis, but it is important to check the payment method, and due date. It is also important to read and understand all the terms and details of the lease contract before signing it, such as the lease term, amount of rent and insurance, if applicable, the responsibilities and rights of the landlord and the tenant, and the commission of the real estate agency (the broker) if he is an intermediary between the two parties.
There are other factors that must be considered when renting an apartment in Kuwait, such as the availability of car parking spaces, as in most areas in Kuwait, parking spaces are very limited. Before signing the lease, landlords may request proof of identity, employment, income and other information before approval.
Apartment rental prices vary according to the city or region, apartment’s area, the number of rooms, the level of finishing, the available services, and the number of car parking spaces. It is important to note that most of the rental apartments are unfurnished. The following are estimates of housing rent prices for Kuwaiti families in the governorates:
- Al Asimah Governorate: apartment rent prices range from 400 KD up to 1200 KD. Among its most active areas: Jaber Al-Ahmad, Al-Rawdah
- Hawalli Governorate: The prices of apartments for rent range between 350 KD to 950 KD. Jabriya, Salmiya, Salwa, Hawally, and Rumaithiya come as the most active areas in Hawalli Governorate.
- Al-Ahmadi Governorate: Apartment rent prices start from KD 250 and reach KD 600. There is activity in the residential areas of Mahboula, Egaila, and Sabah Al-Ahmad Residential City.
- Al-Jahra Governorate: Despite the lack of supply compared to demand in its areas such as Saad Al-Abdullah. However, Al-Jahra Governorate is considered cheap in terms of rent when compared to the rest of the governorates, and the rental price for apartments ranges between KD 350 to KD 700.
- Farwaniya Governorate: the rent prices for apartments start from 330 KD up to 700 KD. Among its most active areas: Andalus, West Abdullah Al-Mubarak.
- Mubarak Al-Kabeer Governorate: The prices of apartments offered for rent start from 400 KD up to 950 KD. Sabah Al-Salem, Funaitees, and Abu Fatira are among the most active areas.
Apartment rental prices in Kuwait are determined by the principle of supply and demand, which is left to the free market, and the agreement between the contracting parties, and there are no laws that oblige real estate owners with specific rental prices. Kuwait's real estate market is relatively stable, and rents rarely fell during crises, such as the Corona crisis in 2020 and the global crisis in 2008. Reports indicate that, due to the long wait for the housing queue, more than 30% of Kuwaiti families live with the head of the family (the grandfather), or live in rented houses. The rent consumes about 35% of the salary, and it is expected that prices will continue to rise unless the housing problem is resolved, cities are built and developed, and vacancies are increased. The real estate market in Kuwait needs a large amount of supply to be reflected in rents downward.