Tucked in the heart of the city, this inviting apartment for rent puts you within easy reach of the Russian Market area, one of central Phnom Penh’s most popular expat and local hubs. Set on the second floor with simple stair access, the home blends an industrial-chic aesthetic — exposed concrete ceilings and structural beams — with warm timber accents throughout.
The open-plan living room and kitchen create a bright, airy space ideal for relaxing or entertaining. A comfortable lounge suite, wood console with mounted TV, and a dining nook flow seamlessly into a well-equipped kitchen with a full-size fridge, making everyday living effortless. Sliding wood-framed glass doors lead out to not one but two private balconies, perfect spots for morning coffee or evening drinks while taking in the rooftop views over central Phnom Penh.
The single bedroom is a genuine retreat, featuring a slatted timber headboard wall, built-in wardrobe, dedicated dressing table with mirror, and a split-unit air conditioner for year-round comfort. The bathroom completes this fully furnished apartment, ready for immediate move-in with no extra spend required.
At 59m² (excluding balconies) and priced at just $500 per month, this apartment for rent near Russian Market delivers excellent value for its central Phnom Penh location. Utilities are simple and fair: electricity at $0.25/kWh, unlimited water for $10/month, free wifi, and garbage collection at $7/month. Parking is included for one car and one motorbike — a rare convenience this close to the city centre.
Whether you’re relocating to central Phnom Penh or searching for a well-appointed apartment for rent close to Russian Market’s cafes, restaurants, and markets, this property ticks every box.
Apartment features:
- 1 Bedroom / 1 Bathroom
- 2 Balconies
- Open-plan living room / kitchen
- Fully furnished
- Stair access, 2nd floor
- Size: 59m² (excludes balconies)
- Electricity: $0.25/kWh
- Water: $10/month (unlimited)
- Internet: Free wifi
- Garbage: $7/month
- Parking: 1 car / 1 motorbike
- Price: $500/month
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Property ID: TTP.AP3
About Russian Market area
The busy districts surrounding Russian Market (Tuol Tompong and Boeung Tompong) are some of the best in Phnom Penh for tourists and locals alike. Its name harks back to the large Russian expatriate population back in the 1980s.
In the market, you will find many souvenirs like silk cloth and scarves from the provinces, stone carvings and other religious icons, western and local handbags and branded clothing from local factories. Further inside is an array of fresh food – fruit, veg, seafood and fish. There are also items like lamps, wood carvings, fabrics and kitchen wares. At night there are many restaurants serving freshly grilled seafood.
Budget accommodation centres around the market and pagoda. Nearby you will find many retail outlets catering to foreigners like – Zando, Sundown, Brand Collection, Starbucks and Amazon Cafe. On virtually every corner there is a pub or bar where you can find anything from cheap beer to high end wines and cocktails.
If you live around Russian Market, you will be close to everything.
Renting made easy
Navigating Phnom Penh’s real estate market — especially rentals — isn’t always straightforward, given the sheer choice on offer and how much prices shift depending on where, when and what you’re after.
The city offers a wide range of properties, so it pays to know what’s available.
Covid made things tough for everyone, and across Phnom Penh landlords and tenants alike began negotiating hard.
Some of that goodwill lingers, but much has faded, and prices have largely returned to pre-pandemic levels — don’t expect real estate miracles anymore!
Broadly speaking, there are four types of rental option — the Khmer-style shop house, the renovated shop house, the western apartment, and the condo or serviced apartment — each with its own character and price tag, depending on location… READ ON
