Bangkok apartment towers. Asking rent versus achieved rent

Best Places to Live in Chiang Mai (2026) Six areas, compared on how they live

// Short answer

Live in Nimman or Santitham if you want your week on foot or a short scooter ride, Jed Yod or Hang Dong if a household needs floor area, Wat Ket for space by the river, the Old City for the moat. Below is each one on the axes a resident actually pays: total asking price, floor area, the monthly running cost, and who it suits.

AreaWho it suitsMedian askingTypical sizeCommon fee, monthly
Nimman (Nimmanhaemin)A week on foot฿3,450,000from 33 m²฿1,300 to 2,300
SantithamFloor area for the money฿3,680,000from 33 m²฿1,300 to 2,300
Jed Yod and Chang PhueakA household that needs roomsnot publishedmedian 138 m²฿5,500 to 9,700
Riverside (Wat Ket and East Ping)Quiet and space฿4,277,500from 58 m²฿2,300 to 4,100
Old City (inside the moat)The moat, in a small home฿4,650,00037 to 53 m²฿1,500 to 2,600
Hang Dong and Mae HiaSchool run and a garden฿2,847,500from 40 m²฿1,600 to 2,800

Asking prices from the building file, sizes as published. The monthly figure is the common-area fee only, at the published rate for the size shown, and it is not the total cost of running a home.

The areas, one by one

Nimman (Nimmanhaemin)

Nimman is the densest published stock in the city. The Chiang Mai building file carries 18 Nimman buildings holding 379 units, more than any other area in it, and 14 of those 18 have a smallest published unit under 40 m². Most of what is on the market here is a home for one person or one couple rather than for a household. The amenity core the area is known for, the cafes, the coworking and Maya, is published on my Nimman page as walkable from almost any building in the catchment, and that is the whole practical difference for a resident: the week can be done on foot.

Who it suits. One person or a couple who will actually use the walking radius every day, and who would rather have a smaller home in it than a larger one outside it.

What it costs to buy into.

Median asking price across the 18 published Nimman buildings is ฿3,450,000, with published unit sizes running 24 m² to 136 m² and the median building topping out at 76 m² (building file, 70 published buildings, 1,348 units across 14 areas). Asking prices, not achieved prices.

The drawback.

Nimman carries the highest sustained per square metre asking prices in the city outside the premium river towers, which is published on the area ranking. For a resident that means the same budget buys fewer square metres here than anywhere else on this page. The buyers who regret it are the ones who bought the smallest floorplan they could afford inside the postcode they wanted, then found the household needed a second room. Size the home for the household first, then choose the postcode it fits in.

Santitham

Santitham sits one ring road north of the same amenity core, and my Santitham page publishes that access as ten minutes by scooter, not as a walk. The building file carries 16 buildings and 293 units here, and the stock reaches further up the size range than Nimman's: the median top-of-range unit is 93 m² against 76 m² in Nimman, and 9 of the 16 buildings reach 80 m² or more. The same page notes that building documents here are more often Thai only, so a resident should budget for translation rather than for skipping the reading.

Who it suits. Someone who will ride a scooter daily and wants more floor area for the money than the walk-everywhere postcode gives.

What it costs to buy into.

Median asking ฿3,680,000 across the 16 published buildings, sizes 25.9 m² to 175 m² (building file). Per square metre the area is published at roughly 55 to 70 percent of Nimman's pricing, which is why a higher total median here usually means a bigger home rather than a dearer one.

The drawback.

"One ring road north" is a fact about a map, not a walking distance. The buyers who mis-read it are the ones who assumed they would stroll to the same cafes, then bought a vehicle they had not planned for and parked it somewhere they had not planned either. Settle the vehicle question before the postcode.

Jed Yod and Chang Phueak

The arc north-west of the moat, around Maya and the university, holds the newest and largest stock in my 2026 audited pull: median unit size 138 m² and median building age about 10 years across 31 listings. If the brief has three bedrooms and a building gym in it, this is where a shortlist actually has entries. My Jed Yod page also flags ten years as the age at which the first major works bills arrive, so the sinking fund balance is the document to read before the view.

Who it suits. A household that needs real floor area and a building with facilities, and is content to trade the walking radius for it. The same page publishes 27 of the 31 sampled listings as foreign-quota-likely, the healthiest ratio of the seven catchments, so the question of whose name goes on the title is answered more often here than elsewhere.

What it costs to buy into.

Published at about 78,600 THB per square metre at the median (n=31, audited pull) with a median unit of 138 m². At the ฿40 to ฿70 per square metre per month common-area fee published on my Chiang Mai service charge page, 138 m² runs roughly ฿5,500 to ฿9,700 a month in common-area fee alone, before the sinking fund contribution.

The drawback.

The floor area is the attraction and it is also the monthly bill, because the fee is charged on registered square metres and scales with size rather than with price. The regret here belongs to buyers who took the biggest unit they could afford for a two-person household and then paid for the unused rooms every month for years. Buy the square metres the household uses.

Riverside (Wat Ket and East Ping)

My Riverside page publishes this as the catchment where long-stay residents who want quiet and space rather than cafe density already live, and where the same money buys a two-bed with a balcony over the water instead of a one-bed in the walkable core. It is also the oldest stock on this page: median building age 28 years across 24 audited listings, against about 10 years in Jed Yod.

Who it suits. Someone who wants floor area and quiet and will read a building's paperwork before falling for the view. The two published Wat Ket buildings have a median smallest unit of 58.6 m², the largest entry size of any area on this page.

What it costs to buy into.

Two published buildings, 139 units, median asking ฿4,277,500, sizes 29.2 m² to 142 m² (building file; a thin bucket, labelled as such on the price table). Per square metre it is the cheapest audited catchment in the city at about 52,700 THB per square metre (n=24).

The drawback.

At a median 28 years the building's schedule of major works is part of the home rather than a footnote to it. The people who regret this one are the buyers who read the river view and not the sinking fund balance, then met the first assessment as residents. Ask for the fund balance, the schedule of past and planned major works, and the last two annual general meeting minutes before the offer, as my sinking fund guide sets out.

Old City (inside the moat)

Heritage height limits inside the moat keep buildings low-rise and keep new condo product close to nonexistent, which is published on my Old City page. What the moat offers a resident is character, walkability to the temples, and a supply cap that does not un-cap. What it does not offer is choice: the building file carries one qualifying Old City building with 6 units, and the audited pull found three qualifying listings in total.

Who it suits. One person or a couple who want to walk everywhere inside the moat and do not need floor area.

What it costs to buy into.

One published building, 6 units, median asking ฿4,650,000, unit sizes 37 m² to 53.3 m² (building file). The audited pull puts the catchment near 64,700 THB per square metre and labels the sample indicative only at n=3. This is the thinnest evidence on the page, and it is labelled that way on the price table too.

The drawback.

The published stock tops out near 53 m², so a household that needs a third room is choosing between the moat and the room. The buyers who regret it are the ones who picked the postcode first and then tried to make a family fit inside it. If there are children in the brief, look at Jed Yod before you look inside the moat.

Hang Dong and Mae Hia

South of the airport, my Hang Dong page publishes this as the international-school belt, where the demand comes from teachers on multi-year contracts and relocating school families, and where the dominant housing product is the gated-village house. It is space, gardens and parking rather than lift lobbies. Condo stock is thin: four published buildings across the two Hang Dong buckets in the building file, 41 units between them.

Who it suits. A family with children in the school belt who want the school gate close, and who accept a short list of buildings to choose from.

What it costs to buy into.

Median asking ฿3,800,000 across the three published Mae Hia and Hang Dong buildings, and ฿1,895,000 for the single San Phak Wan building. Both are thin buckets and are labelled as such on the price table. In the audited pull the condo stock here asks about 58,600 THB per square metre, median unit 118 m², median building age 15 years (n=16).

The drawback.

A foreign individual cannot own land in Thailand, so the house-and-garden version of this area is a different legal product with a different structure behind it. Read the foreign freehold explainer before viewing anything with a garden. The living regret is the buyer's own and it is simpler: choosing space this far out and then doing every errand in the car, because what is published here is gardens and two cars, not a walkable errand radius. If a week without driving matters more than a garden, this is the wrong end of the city for the brief.

How to decide, in the order that matters

Chiang Mai's six areas separate on floor area and on the age of the stock long before they separate on price. The first gap is the whole page: the single published Old City building stops at 53.3 m², while the Jed Yod arc publishes a median unit of 138 m². The second gap is nearly three decades, about 10 years of median building age in that same Jed Yod arc against 28 years in Wat Ket.

Floor area is the one a resident pays for twice. The common area fee is levied on registered square metres, so a 138 m² home is not only the larger purchase, it is roughly ฿5,500 to ฿9,700 a month against roughly ฿2,100 to ฿3,700 for a 53 m² one, every month, for as long as the title is in your name. In this city the monthly bill is the axis a resident actually feels, and it is fixed on the day the floorplan is chosen. Which is why the sequence starts there.

  1. Write down the square metres the household uses. That figure is the purchase and the standing monthly charge at once, and on this page it is the difference between roughly ฿2,100 and roughly ฿9,700 a month before the sinking fund contribution is added.
  2. Then decide how old a building you are willing to own. Ten years is where the first major works bills arrive, and that is where the Jed Yod arc sits. Wat Ket's published median is 28 years, which is a building with a works history you can ask to read. Older is not worse. Unread is worse.
  3. Then check which of the two files your number came from. The building file counts 70 named buildings and 1,348 units across 14 areas. The 2026 audited pull hand checks 169 listings out of a wider 4,033 and skews toward family sized units. They group this city differently, so two figures for one neighbourhood can both be right and still not be comparable with each other.
  4. Then settle walk, scooter or car, before any postcode. The amenity core is published as walkable from almost any building in the Nimman catchment. Santitham is published at ten minutes by scooter from that same core, which is a ride rather than a stroll. Hang Dong and Mae Hia are published as gardens and parking. That one assumption rules areas in and out faster than the budget does.
  5. Then the building's own paperwork. The sinking fund balance, the schedule of past and planned major works, the current fee rate per square metre and when it last rose, and the last two annual general meeting minutes.
  6. Then the name on the title. A foreigner can hold a condominium on freehold title inside a building's 49 percent foreign quota. It is finite and it is counted building by building, so ask the juristic office for that building's written position before a deposit moves. The Jed Yod sample is the healthiest published ratio on this page, 27 of 31 sampled listings quota likely, and even there a letter beats a ratio.

Steps one to three are arithmetic across a whole city of live listings, which is what the Home Shortlist exists to do: your brief run over every area in it, each priced per square metre with the building age, the monthly holding cost and the typical size beside it, then five homes worth viewing with a page each, then a workbook carrying every listing in your budget and a live link on every row. $349, five days, a twenty minute walkthrough call afterwards, refundable before research starts. For this city it also does the awkward part of step three, because it reads both files rather than whichever one flatters an area.

If the brief is letting rather than living, the area ranking holds that side with its rent evidence and its sample sizes attached, and the $499 Custom Report is the product built for it. Both Chiang Mai purchases documented here were bought with my own money, and both are published from the deed through to the annual figures: Galae Thong and Rajapruek in Hang Dong.

// Buying somewhere to live?

Every condo in your city and budget, checked against its own building on price, what it costs each month and how easily it sells later. The five worth viewing, with a live listing link on each.

The Home Shortlist — $349

What changes between a two-week visit and living here

A fortnight in Chiang Mai tests one season, in a room somebody else maintains. Living here tests every season, in a building whose bills arrive with your name on them. Six things change, and every one of them can be checked or decided before anything is signed.

What this page answers, and what it deliberately does not

If the question is which area lets best and resells fastest, that is a different question and it already has a page: the Chiang Mai area ranking, built on rent evidence and per square metre asking prices. This page does not repeat it. Here the axes are the ones a resident pays every month: total asking price, floor area, the running cost of the building, and how the week actually works on foot, by scooter or by car. Where the two questions touch, I link rather than restate.

No rent figures and no yield figures appear on this page, by design. Those belong on the investment pages and they are published there with their sample sizes.

Two datasets sit behind the numbers above, and every figure says which one it came from. The building file publishes 70 named buildings, 1,348 units and 14 areas, with a median asking price per area. The 2026 audited pull is 169 hand-checked listings out of a wider 4,033-listing dataset, skewed toward family-size units, and it is where building age and median unit size come from. The two group areas slightly differently, which is why some areas above quote one and some quote both. Every price is an asking price, not an achieved price, and roughly 70 to 80 percent of Chiang Mai units close at or below asking. Where a bucket rests on three buildings or fewer, it is labelled as thin, because a median drawn from one building is a number and not a market.

The other published areas

The building file publishes 14 Chiang Mai areas, not six. Beyond the areas above it also carries Fa Ham (9 buildings, 153 units, median asking ฿3,097,000), Nong Pa Khrang (7 buildings, 109 units, ฿3,350,000), Chang Khlan and the Night Bazaar (5 buildings, 49 units, ฿3,600,000), Pa Daet (3 buildings, 128 units, ฿2,845,055), and thinner buckets in San Sai, Chai Sathan and Saraphi, Nong Hoi and Pa Tan. They sit here rather than in the list above because the published research on them is priced and counted but not yet written up for the living question, not because the stock is absent. The full table is on the price by area page.

Frequently Asked Questions

Where is the best place to live in Chiang Mai?
There is no single answer, only a best fit per household. For one person or a couple who want the week on foot, Nimman holds the densest published stock, 18 buildings and 379 units in the building file, and its amenity core is walkable from almost any building in the catchment. For more floor area at the same money, Santitham is published at roughly 55 to 70 percent of Nimman's per square metre pricing, ten minutes by scooter from the same core. For a household that needs three bedrooms, the Jed Yod arc has the largest published stock at a median unit of 138 m². For space and quiet, Wat Ket. For the moat, the Old City, where the published stock tops out near 53 m².
Should I live in Nimman or Santitham?
It comes down to whether you will ride a scooter. Nimman's published amenity core is walkable from almost any building in that catchment, and you pay the city's highest sustained per square metre asking prices for it. Santitham is published as ten minutes by scooter from the same core at roughly 55 to 70 percent of the per square metre pricing, and its published stock runs larger at the top end, a median top-of-range unit of 93 m² against 76 m² in Nimman. If you will not own a scooter, pay for Nimman. If you will, Santitham buys the floor area.
Can I live in Chiang Mai without a car or a scooter?
In some areas of the city, on the published evidence. My Nimman page publishes the cafe, coworking and mall core as walkable from almost any building in that catchment, and the Old City offers walkability to the temples inside the moat. Santitham is published as ten minutes by scooter from the Nimman core, which is a ride and not a walk. Hang Dong and Mae Hia are published as gardens-and-two-cars territory, so a no-vehicle life is the wrong brief for that end of the city. Decide the vehicle question before the postcode, not after.
Which Chiang Mai areas have family-size apartments?
The Jed Yod and Chang Phueak arc has the largest published stock in the 2026 audited pull, a median unit size of 138 m² across 31 listings and a median building age of about 10 years. Santitham's published buildings reach 175 m² at the top of the range, with 9 of 16 buildings reaching 80 m² or more. Wat Ket reaches 142 m², and its two published buildings have the largest median entry size on the page at 58.6 m². Inside the Old City moat the single published building runs 37 m² to 53.3 m², so family floor area is not in the published stock there.
What does a Chiang Mai condo cost to run each month?
The common-area fee is charged per square metre of the registered unit area, per month, and roughly ฿40 to ฿70 per square metre is typical. It scales with size rather than with price, so a 53 m² unit runs roughly ฿2,100 to ฿3,700 a month and a 138 m² unit roughly ฿5,500 to ฿9,700. The sinking fund contribution toward major works is separate and sits on top. Before you offer, ask for the current rate per square metre, when it last rose, the sinking fund balance, whether major works are scheduled, and the state of the unit's own account. The full breakdown is on the Chiang Mai service charge page.
Does buying a condo in Chiang Mai give me a visa?
No. Property ownership and immigration are separate systems in Thailand and should be planned separately. The rules exist and they are published by the Thai Immigration Bureau at immigration.go.th. I stick to the property question and point you at the official source for the other one.

Related research

Related research

// Building level

This page is the city-level picture. The guide is the building-level one: 89 named buildings across six catchments, each with its own validated rent evidence and confidence tier.

The Bangkok Condo Buyer’s Guide — $99

// Same math, other markets

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Disclaimer

Brinkman Data Analytics is an independent research service. Not financial, investment, tax, or legal advice. All yield figures are estimates based on historical research data and are not guaranteed. International real estate carries risk of partial or total loss of capital.