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News

What are the price trends in rental housing in the Czech Republic? Deloitte Rent Index August 2022

22.08.2022
Company: Deloitte

The Deloitte Rent Index summarises and analyses data regarding rental housing prices in the regions and regional capitals of the Czech Republic. This is the first data-driven index of its kind. It addresses rent offers in the area of prefabricated blocks of flats, brick houses and development projects. The index draws on quarterly collected data. The result of the data analysis provides a summary of average monthly rents per square metre. Thanks to a comparison with the previous quarter, this summary always offers an up-to-date view of trends in rental housing.

 

Rents in Prague, regional cities and the Central Bohemia Region rose again in 2Q of 2022, this time by an average of 2.8%. Tenants paid an average of CZK 260 per square metre. The only exception was Ústí nad Labem, where rents fell (by 0.5% to CZK 181 per sqm). Rent prices in Ústí and Labem were also the lowest compared to all other monitored locations. Rent prices rose the most in České Budějovice (by 7.5% to CZK 230 per sqm), Jihlava (by 6.4% to CZK 232 per sqm) and Prague (by 6.3% to CZK 337 per sqm). Prague is also the place with the most expensive average rent in the Czech Republic - the highest price increase was recorded in Prague 1 (by 10% to CZK 396 per sqm), the only price decrease within the capital was recorded in Prague 2 (by 0.8% to CZK 368 per sqm). 

More information here.

Tags: Real Estate |

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