Al-Marsad newspaper: The rental index on a rental platform revealed that the city of Jeddah witnessed, during the year 2022, the conclusion of 289.4 thousand deals for renting a small apartment (studio) or an attached apartment, with an average rent exceeding 21 thousand riyals per year.
The beach neighborhood recorded the highest rental price for small apartments and appendices, ranging between 35 thousand and 110 thousand riyals per year, followed by the pearl neighborhood with rental prices ranging between 18 thousand and 94 thousand riyals.
Al-Rahma neighborhood came as the lowest neighborhood with rental prices for small apartments and annexes ranging between 6,000 and 17,000 riyals, followed by Al-Amariya with rental prices ranging between 12,000 and 17,000 riyals.
Al-Tadamon neighborhood recorded the lowest limit of 4 thousand riyals, while the highest limit reached 40,500, as well as the Al-Sururiyyah neighborhood, which recorded 4 thousand riyals in the minimum and 36,500 riyals in the upper limit.