Decent 2 bedroom apartment for as low as 15K~18K in Taipei?

Taiwan Living in Taiwan
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I have read the phrase “low price to rent ratio” about a hundred times in this post. so, would it be possible to rent a decent 2 bedroom apartment for as low as 15K~18K in Taipei? If yes, can anyone give some information where we can find one? Thanks!

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It depends on your definition of “decent”. You should be able to find a older two-bedroom apartment in this price rang in areas like Wenshan, Wanhua, or Datong. Here’s an example from Wenshan. rent.591.com.tw/rent-detail-2359757.html

In central Taipei (Daan/Zhongshan/Zhongzheng) you are going to have trouble. Rent in these areas is usually around NT$1,200 per ping. A small two-bedroom apartment is gong to be at least 20 ping, so that’s NT$20-$22k. These places are probably worth at least NT$15 million, so you are paying something like .2% of the value on rent. That’s a very low ratio. It may well be worth spending a few extra NT$000 a month to live in central Taipei because you will save this amount on transportation if you work there. Plus central Taipei is much nicer than a lot of outlying areas.

You should have no problem finding a 2BDR apartment in New Taipei City in this price range. Xindian and Banqiao have many good values. I’d stay away from crowded Yonghe and chaotic Zhonghe if possible.

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I’d say yes if you’re willing to look patiently. Some places to look here: forumosa.com/taiwan/viewtopi … 0#p1569084

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Thank you for the link Tempo. Much appreciated!