Housing

Myanmar's rental market has shifted significantly since 2021. The exodus of many international organizations and expats following the coup has softened prices, particularly at the high end. This creates opportunities for incoming expats — negotiation is expected and apartments that previously commanded $1,000+/month are now available for $500–$700. The market is cash-heavy, and most transactions are conducted in US dollars for expat rentals.

Finding housing in Myanmar relies on a combination of real estate agents, online listings, and word-of-mouth within the expat community. There's no Myanmar equivalent of Rightmove or Zillow — the market is informal, and the best apartments are often found through personal connections. Arrive with temporary accommodation booked and allow 1–2 weeks to apartment hunt in person.

Leasing in Myanmar follows different conventions than Western countries. Landlords typically expect several months of rent upfront, and leases are often 1-year minimum. Rental payments are usually in US dollars (cash) for expat-grade apartments, though kyat payments are becoming more common. Written lease agreements are standard but may be basic — having a bilingual speaker review the contract is advisable.

Myanmar's housing stock varies dramatically in quality. Newer apartments in Yangon's Bahan, Kamaryut, and Yankin townships offer modern amenities, while older buildings — even in good locations — may have unreliable plumbing, electrical issues, and pest problems. Prioritize these practical considerations when apartment hunting.