Verified Facts

Official NameTurkmenistan
CapitalAshgabat
Population7.1 million
Area488,100 km² (188,456 sq mi)
LanguagesRussian, Turkmen
CurrencyTurkmenistan manat (m)
TimezoneUTC+05:00
RegionAsia / Central Asia
Drives onRight
Source: REST Countries API

Economic Indicators

GDP per Capita (PPP)$21,213 (2024)
Health Spend per Capita$581 (2023)
Out-of-Pocket Health Spend77.4% (2023)
Education Spend (% GDP)2.7% (2023)
Source: World Bank Open Data

Rent in Turkmenistan can range from $200 to $1,000 per month for a one-bedroom apartment, depending on the location and quality of the housing, with the country's unique blend of traditional and modern architecture influencing the housing market.

Quick Facts

GDP per Capita (PPP)$21,213
Affordability RatingModerate
Average Monthly Rent (1BR, City Center)$500-$800 / 1,750-2,800 TMT
Average Monthly Rent (1BR, Outside Center)$200-$500 / 700-1,750 TMT
Property Purchase (per sqm, City Center)$1,500-$3,000
CurrencyTMT

Housing Market Overview

The rental market in Turkmenistan is characterized by a mix of modern and traditional housing, with the capital city Ashgabat offering a range of accommodation options. Typical lease terms in Turkmenistan are one to two years, with a deposit requirement of one to three months' rent. Tenant rights are relatively limited, and renters are advised to carefully review their contracts before signing. Compared to regional neighbors, Turkmenistan's housing costs are relatively moderate, with prices lower than in Kazakhstan but higher than in Uzbekistan. The country's unique economic situation, with a strong emphasis on state-controlled industries, can also impact the housing market, with prices and availability influenced by government policies.

The housing market in Turkmenistan is also influenced by the country's cultural and social context, with a strong emphasis on family and community. Many Turkmen people prefer to live in traditional housing, such as yurts or koshks, which are often located in rural areas. However, modern apartments and houses are becoming increasingly popular, particularly among younger people and expats. The government has also invested in developing new housing complexes and infrastructure, which has helped to increase the availability of modern housing options.

Apartment Rental Prices

Apartment TypeCity Center (USD/month)Outside Center (USD/month)Notes
Studio / Bedsitter$300-$600$150-$300basic amenities, shared kitchen and bathroom
1 Bedroom$500-$800$200-$500modern amenities, private kitchen and bathroom
2 Bedroom$800-$1,200$300-$800spacious, modern amenities, private kitchen and bathroom
3 Bedroom$1,200-$2,000$500-$1,200luxurious, modern amenities, private kitchen and bathroom

Property Purchase Prices

Area TypePrice per sqm (USD)Notes
City Center$1,500-$3,000prime locations, modern amenities
Suburbs$800-$1,500residential areas, basic amenities
Rural$200-$800traditional housing, limited amenities

Best Neighborhoods for Expats

  • Berzengi: a modern neighborhood with high-rise apartments and luxury amenities, rent range $800-$1,500 per month
  • Anau: a historic neighborhood with traditional housing and a lively market, rent range $300-$600 per month
  • Ashgabat City Center: a bustling area with modern apartments and easy access to amenities, rent range $500-$1,000 per month
  • Kopetdag: a residential neighborhood with modern housing and a relaxed atmosphere, rent range $200-$500 per month
  • Abiwert: a suburban neighborhood with traditional housing and a strong sense of community, rent range $150-$300 per month

Renter Tips for Turkmenistan

  • Research neighborhoods and housing options carefully before making a decision
  • Work with a reputable real estate agent or property manager to find a suitable apartment
  • Negotiate the price and terms of the lease carefully, and be prepared to provide a deposit
  • Be aware of scams and fraudulent practices, and never pay a deposit without a signed contract
  • Utilities such as electricity, water, and gas are usually included in the rent, but internet and TV may be extra
  • Furnished apartments are less common in Turkmenistan, so be prepared to provide your own furniture and appliances
  • Learn some basic Turkmen phrases to help navigate the rental process and communicate with landlords and neighbors
Related Cost Guides: Cost of Living Overview · Utilities & Internet · Monthly Budget · Economy · Turkmenistan vs Uzbekistan