A Guide to the Cheapest Places to Live in Hong Kong

Hong Kong is renowned for its vibrant lifestyle and economic opportunities, but it can also be one of the most expensive cities in the world. For those seeking affordable living options, here are some of the cheapest places to consider:

1. Sham Shui Po

Sham Shui Po is one of the most budget-friendly districts in Hong Kong. Known for its traditional markets and street food scene, it offers a variety of low-cost housing options. The area is rich in culture, featuring local eateries and shops, and is well connected to the rest of Hong Kong via public transport.

2. Prince Edward

Located adjacent to Sham Shui Po, Prince Edward provides a slightly more residential feel while still offering economical living options. The area features a mix of older buildings and more modern flats, and its proximity to bustling markets makes it an appealing choice for those on a budget.

3. Tai Kok Tsui

Tai Kok Tsui has become increasingly popular among young professionals and students looking for affordable accommodation. Its location near Mong Kok provides easy access to shopping and dining, while the area itself maintains a quieter, community-focused atmosphere.

4. Kwun Tong

Kwun Tong is a former industrial area that has transformed into a vibrant neighbourhood. While properties here can vary, there are still plenty of affordable flats available. The district is home to numerous cafes and local businesses, making it an attractive choice for residents.

5. Tin Shui Wai

Tin Shui Wai, located in the New Territories, is one of the most affordable places to live in Hong Kong. Despite being further from the city centre, it offers spacious apartments and significant greenery. The area is well connected by public transport, making commuting accessible.

6. Yuen Long

Also situated in the New Territories, Yuen Long provides a more suburban living experience. Known for its extensive local markets and eateries, it has some of the lowest rental prices in the region. Families often prefer Yuen Long for its community feel and spacious residences.

7. Tsing Yi

Tsing Yi is an island located near Lantau Island. It offers a range of housing options at competitive prices compared to more urbanised areas. The island features parks and recreational facilities, appealing to families and individuals alike.

8. Lamma Island

If you're willing to live on an outlying island, Lamma Island can be a viable option. While not as urban, it provides a peaceful environment with affordable housing and a close-knit community. The ferry service to Central is frequent, making it feasible for commuters.

Hong Kong best recommendations

While finding affordable accommodation in Hong Kong can be challenging, these districts offer a range of options for those on a budget. Whether you prefer a bustling urban environment or a more suburban setting, there are affordable living spaces to suit various lifestyles. https://www.hk-cityguide.com/expat-guide/guide-to-hong-kongs-best-moving-companies