Cheapest Neighborhoods in Shenzhen

All 19 neighborhoods in Shenzhen ranked by cost of living index. Updated 2026.

Cheapest Rent
$612/mo
City Avg Rent
$900/mo
Neighborhoods
19

Cheapest Neighborhoods in Shenzhen — Full Rankings

# Neighborhood 1BR Rent Index vs Avg
1 Pingshan $612/mo 0.68x -32%
2 Dalang $630/mo 0.70x -30%
3 Longgang $648/mo 0.72x -28%
4 Guangming $675/mo 0.75x -25%
5 Buji $675/mo 0.75x -25%
6 Longhua $702/mo 0.78x -22%
7 Bao'an $738/mo 0.82x -18%
8 Shahe $738/mo 0.82x -18%
9 Yantian $765/mo 0.85x -15%
10 Xili $792/mo 0.88x -12%
11 Sungang $810/mo 0.90x -10%
12 Shuiwei $918/mo 1.02x +2%
13 Luohu $945/mo 1.05x +5%
14 Chegongmiao $972/mo 1.08x +8%
15 Qianhai $1,008/mo 1.12x +12%
16 Nanshan (Tech Park) $1,062/mo 1.18x +18%
17 Houhai $1,080/mo 1.20x +20%
18 Futian (CBD) $1,098/mo 1.22x +22%
19 Nanshan (Shekou) $1,125/mo 1.25x +25%

Rent estimates based on city average of $900/mo adjusted by neighborhood cost index. Index 1.00 = city average.

Sponsored

Moving to Shenzhen?

Open a multi-currency account to manage CNY and your home currency. No hidden fees, real exchange rate.

Open a Wise Account →

Frequently Asked Questions

What is the cheapest neighborhood in Shenzhen?

The cheapest neighborhood in Shenzhen is Pingshan, with an estimated 1-bedroom rent of $612/month — 32% below the city average.

What is the average rent in Shenzhen?

The average 1-bedroom rent in Shenzhen is approximately $900/month. Rents range from $612/mo (Pingshan) to $1,125/mo (Nanshan (Shekou)).

How many neighborhoods does Shenzhen have?

Our database covers 19 neighborhoods in Shenzhen, each with detailed cost-of-living and salary data.

Explore More