Home » Trinidad and Tobago » Trinidad and Tobago – Property Rental Prices

Trinidad and Tobago – Property Rental Prices

Typical Rental Prices in Expatriate-Friendly Areas of Trinidad and Tobago

Trinidad and Tobago, a twin-island nation in the Caribbean, attract expatriates with its rich cultural heritage, stunning landscapes, and economic opportunities. Rental prices in Trinidad and Tobago can vary significantly depending on factors such as location, property type, and amenities. Here’s an overview of typical rental prices in areas popular with expats:

Port of Spain (Trinidad): Port of Spain, the capital city of Trinidad and Tobago, offers a range of rental options. In upscale neighborhoods like St. Clair and Westmoorings, expatriates can find luxury apartments with monthly rents ranging from TTD 8,000 to TTD 20,000 or more for one-bedroom units. In less central areas or neighborhoods like Diego Martin, rents may start at around TTD 4,000 to TTD 8,000 per month.

Tobago: Tobago, known for its pristine beaches and relaxed atmosphere, is another destination popular with expats. Rental prices in Tobago can be lower than in Port of Spain. In areas like Crown Point and Scarborough, one-bedroom apartment rents can range from TTD 2,500 to TTD 6,000 per month, depending on the location and property quality.

Chaguanas (Trinidad): Chaguanas, located in central Trinidad, offers a mix of rental properties. In central and convenient areas, one-bedroom apartment rents may start at TTD 2,000 to TTD 4,000 per month.

Rental prices can also vary based on factors like property condition, furnishings, and whether utilities are included in the rent. It’s advisable for expatriates to research local rental markets and compare options before making a decision.

Rental Regulations and Caps in Trinidad and Tobago

Trinidad and Tobago does not have nationwide rental price caps, and rental regulations are primarily determined at the local level. However, there were no strict rent control policies in place in most areas of Trinidad and Tobago. Rental regulations in Trinidad and Tobago include the following key aspects:


Get Our Best Articles Every Month!

Get our free moving abroad email course AND our top stories in your inbox every month


Unsubscribe any time. We respect your privacy - read our privacy policy.


  • Lease Agreements: Rental agreements in Trinidad and Tobago should be in writing and include essential terms such as rent amount, duration, and notice periods. The standard lease term is typically one year.
  • Rent Increases: Rent increases are generally allowed but must be agreed upon by both the landlord and tenant. There are no specific limits on rent increases under Trinidad and Tobago law.
  • Tenant Protection: Trinidad and Tobago law provides tenant protection, including regulations regarding eviction procedures and tenant rights. Evictions must follow legal procedures, and landlords cannot forcibly remove tenants without a court order.
  • Deposit Requirements: Landlords often require tenants to pay a security deposit, which is typically equivalent to one or two months’ rent. The deposit is intended to cover any unpaid rent or damage to the property.

It’s essential for both tenants and landlords to be aware of their rights and responsibilities under local rental regulations, which can vary by region.

Deposit Requirements and Rules for Return

When renting in Trinidad and Tobago, tenants are typically required to pay a security deposit, often referred to as a “damage deposit” or “advance rent.” The deposit serves as security for the landlord against unpaid rent or damage to the property. Here are key details regarding deposit requirements and its return:

  • Deposit Amount: The deposit amount is usually equivalent to one or two months’ rent, although this can vary based on the landlord’s requirements.
  • Deposit Protection: Landlords are required to keep the security deposit in a separate account and return it to the tenant at the end of the lease, minus any deductions for unpaid rent or damages.
  • Deposit Return: The deposit should be returned to the tenant within a reasonable timeframe after the end of the tenancy, typically within 30 days. Deductions, if any, should be clearly documented and explained to the tenant.

Both tenants and landlords should adhere to the rules and regulations regarding security deposits to ensure a fair process at the end of the tenancy.

Seasonal Changes in Rental Prices and Availability

The price and availability of rentals in Trinidad and Tobago can experience some seasonal fluctuations due to various factors:

  • Tourist Seasons: Tobago, in particular, experiences seasonal variations in rental prices due to tourism. The high tourist season, which typically occurs from December to April, can lead to increased demand for vacation rentals and short-term stays, potentially driving up prices.
  • Economic Conditions: Economic conditions can impact rental prices. During periods of economic stability, rental prices may remain relatively steady. However, during economic downturns, landlords may be more willing to negotiate on rents to attract tenants.
  • Academic Calendar: In areas with universities or schools, rental prices can be influenced by the academic calendar. Rents may be higher when students are looking for accommodation, typically around the start of the academic year.

Expatriates and tenants in Trinidad and Tobago should consider these seasonal variations when planning their rental arrangements. Planning ahead and being aware of the local rental market’s dynamics can help individuals make informed decisions.

Useful Resources for Expats Renting in Trinidad and Tobago

For expatriates and individuals seeking rental properties in Trinidad and Tobago, several useful resources and websites can assist in the rental process:

  • Trinidad Properties: This online portal provides property listings for Trinidad and Tobago, including residential and commercial rentals.
  • RE/MAX Trinidad and Tobago: RE/MAX offers rental listings and real estate services in Trinidad and Tobago.
  • Trinidad Homes: Trinidad Homes is another website with listings for rental properties in Trinidad and Tobago.

These resources can help expatriates and tenants find suitable rental properties and navigate the local rental market in Trinidad and Tobago.

In conclusion, Trinidad and Tobago offer a range of rental options in areas popular with expatriates. Rental prices can vary significantly depending on location, property type, and amenities. While there are no nationwide rental caps, local rental regulations exist, and tenants and landlords should be aware of their rights and responsibilities. Security deposits, typically equivalent to one or two months’ rent, are common in Trinidad and Tobago, and there are rules governing their return. Seasonal changes in rental prices can occur due to factors like tourism, economic conditions, and the academic calendar. Expatriates and tenants should use available resources and conduct thorough research when entering into rental agreements in Trinidad and Tobago.


Latest Videos

In this short video, we dive into the significant health care updates and changes happening globally in 2024. From Germany's insurance cost adjustments to Cyprus's renewed COVID-19 precautions, we cover the essential news you need to know.  Germany's Health Insurance Update:  Starting in 2024, residents in Germany will see a slight increase in their health insurance costs, with a 0.1% rise to a maximum of 1.7%. This adjustment aims to expand coverage for medical care not currently included in statutory health insurance, such as select dental treatments, IVF, and early cancer screenings.  COVID-19 Measures Reintroduced in Cyprus:  With over 3000 new COVID-19 cases, Cyprus is stepping up its game by reintroducing health measures. Requirements now include proof of a negative COVID-19 test for entry into various facilities, emphasizing the importance of vaccination, especially for the elderly, to combat the evolving virus strains.  Free Health Trials in Trieste, Italy:  Trieste launches an initiative for free health screenings, including echocardiograms and blood tests, focusing on preventive care against non-communicable diseases. This move underscores the city's commitment to improving public health through early detection and prevention.  Spain's New Health Advice App:  Madrid introduces a groundbreaking app offering reliable health advice to counteract the widespread misinformation online. This app, part of the 'Madrid Te Cuida' initiative, will guide users to accurate information, from diet tips to medical queries, ensuring the advice is vetted by health professionals.  Expat Satisfaction with Healthcare in Mexico:  A study reveals that expat retirees in Mexico are largely content with the healthcare quality and costs, with many citing significant savings compared to the United States without compromising on care quality. This insight sheds light on the growing trend of healthcare tourism and relocation for medical reasons.  Stay tuned as we unpack these updates, providing you with the insights and implications of these healthcare changes. Whether it's the impact on your wallet or the quality of care you can expect, we've got you covered in this comprehensive overview of health care in 2024. Don't forget to like, share, and subscribe for more health news around the globe!

In this short video, we dive into the significant health care updates and changes happening globally in 2024. From Germany's insurance cost adjustments to Cyprus's renewed COVID-19 precautions, we cover the essential news you need to know.

Germany's Health Insurance Update:

Starting in 2024, residents in Germany will see a slight increase in their health insurance costs, with a 0.1% rise to a maximum of 1.7%. This adjustment aims to expand coverage for medical care not currently included in statutory health insurance, such as select dental treatments, IVF, and early cancer screenings.

COVID-19 Measures Reintroduced in Cyprus:

With over 3000 new COVID-19 cases, Cyprus is stepping up its game by reintroducing health measures. Requirements now include proof of a negative COVID-19 test for entry into various facilities, emphasizing the importance of vaccination, especially for the elderly, to combat the evolving virus strains.

Free Health Trials in Trieste, Italy:

Trieste launches an initiative for free health screenings, including echocardiograms and blood tests, focusing on preventive care against non-communicable diseases. This move underscores the city's commitment to improving public health through early detection and prevention.

Spain's New Health Advice App:

Madrid introduces a groundbreaking app offering reliable health advice to counteract the widespread misinformation online. This app, part of the 'Madrid Te Cuida' initiative, will guide users to accurate information, from diet tips to medical queries, ensuring the advice is vetted by health professionals.

Expat Satisfaction with Healthcare in Mexico:

A study reveals that expat retirees in Mexico are largely content with the healthcare quality and costs, with many citing significant savings compared to the United States without compromising on care quality. This insight sheds light on the growing trend of healthcare tourism and relocation for medical reasons.

Stay tuned as we unpack these updates, providing you with the insights and implications of these healthcare changes. Whether it's the impact on your wallet or the quality of care you can expect, we've got you covered in this comprehensive overview of health care in 2024. Don't forget to like, share, and subscribe for more health news around the globe!

YouTube Video UCB21b-C4O2aXm7H18_GsXMQ_nC_Fs6gU22U

Expat Focus International Healthcare Update January 2024

Expat Focus 31 January 2024 10:36 am

This error message is only visible to WordPress admins

Important: No API Key Entered.

Many features are not available without adding an API Key. Please go to the YouTube Feed settings page to add an API key after following these instructions.