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"Renting a Condo vs. Apartment — Pros and Cons Compared"

NearMor · "2026-04-08" · 6 min read

"Renting a Condo vs. Apartment — Pros and Cons Compared"

What Is a Condominium?

A condominium (condo) is a building divided into individually owned units for sale or rent. Owners share common property such as the lobby, swimming pool, fitness center, and parking.

Pros

  • Full amenities — Swimming pool, fitness center, library, co-working space
  • Security system — CCTV, key card access, 24-hour security guard
  • Great location — Usually near BTS/MRT and shopping malls
  • Move-in ready — Fully furnished with appliances

Cons

  • Higher rent — On average 2,000-5,000 THB/month more than apartments
  • Common area fee — Monthly common fee, may be included in rent or charged separately
  • Smaller rooms — Studios start from 22-28 sqm

What Is an Apartment?

An apartment is a building wholly owned by a single owner who rents out rooms on a monthly basis. There is no shared ownership.

Pros

  • Lower rent — Starting from 3,500-6,000 THB/month in Bangkok
  • Larger rooms — Typically 30-50 sqm at the same price point
  • No common fee — Water and electricity charged by actual meter
  • Flexible lease — Some offer monthly contracts without 2-month deposit

Cons

  • Fewer amenities — Most don't have pools or fitness centers
  • Less security — May not have key card access or 24-hour guards

Quick Comparison

Feature Condo Apartment
Average Rent (BKK) 8,000-15,000 THB 4,000-8,000 THB
Room Size 22-35 sqm 30-50 sqm
Amenities Pool, Fitness Parking, Laundry
Security High (Key card, CCTV) Moderate
Water & Electricity May be higher (juristic rate) Actual meter rate
Lease Term 6-12 months 1-12 months

Frequently Asked Questions

Which is cheaper, a condo or an apartment?

Generally, apartments are 2,000-5,000 THB/month cheaper than condos. However, condos typically include amenities that apartments don't, such as swimming pools and fitness centers.

Do I have to pay the common fee when renting a condo?

It depends on the landlord. Some include the common fee in the rent, while others charge it separately. Always clarify before signing the lease.

Which should students choose?

For students on a budget, apartments are usually the better choice — lower rent, larger rooms, and more flexible lease terms.

Summary — Which Should You Choose?

Choose a condo if you want full amenities, high security, and a location near BTS/MRT.

Choose an apartment if you're on a budget, want a larger room, and don't need a pool or fitness center.

Search for both condos and apartments on NearMor — compare prices, locations, and amenities all in one place.