The Government has announced that the “Rental Apartments” program will be launched shortly. People, who wish to rent these apartments, must provide three month prepayment to the State Apartment Corporation. The apartment rental in Ulaanbaatar is MNT 200,000-280,000 and MNT 140,000-230,000 in the provinces. Also, the rental requirements state that the rentee must be:
- older than 21 years of age
- have a fixed income
- pay social insurance
- have lived in current area for more than 5 years
- someone who does not own a other apartment.