The rental market in Nepal is seeing a surge in listings priced in US dollars, effectively excluding many Nepali renters who earn in the local currency. While not officially permitted, this practice is becoming increasingly common for apartments and homes, particularly in the premium sector. Transactions are occurring outside of formal channels, operating within a legal gray area that has yet to be addressed by Nepali regulators. This dollarization of rent raises concerns about affordability and access to housing for Nepali citizens. The trend suggests a growing influence of foreign currency within the nation’s property market. No legal challenges to this practice have been mounted to date, leaving renters vulnerable to fluctuating exchange rates and potentially inflated costs. This situation presents a unique challenge for Nepal’s financial and housing sectors.