Shanghai makes demonstration effect of the other cities，as the biggest city in China，it introduced leasing management rules in the early years. Shanghai provides a sound business environment for rental housing industry on the employment of collective construction land and the management of group-oriented leasing apartments. In the present，the type of rental housing in Shanghai is dominated by junior suites，studio apartment and two-bedroom apartment；the unit average rent in Shanghai is RMB 64.2 per sq m，the rent of Inner Ring Road is RMB 101 per sq m，and the rent of Outer Ring is RMB 26 per sq m. According to the statistics，the rent of Long-stay residence brands is 20%-30% higher than regular apartment in Shanghai.