Rents in the Czech Republic rise by 9% year-on-year in Q2 2025

by   CIJ News iDesk III
2025-07-22   11:42
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The average monthly rent in the Czech Republic reached CZK 17,586 in the second quarter of 2025, marking a 9% year-on-year increase and a 1% rise compared to the previous quarter, according to a report by real estate platform UlovDomov.cz.

While rents in major cities such as Prague and Brno remained relatively stable year-on-year, notable increases were recorded in cities like Ostrava, Pilsen, and Olomouc. In Prague, the average monthly rent for a 2+kk apartment stood at CZK 22,170, and in Brno at CZK 17,490. The same apartment type rented for CZK 12,250 in Ostrava and CZK 15,480 in Olomouc.

For smaller 1+kk apartments, the lowest rents were found in Ostrava at CZK 8,930 per month, while Prague remained the most expensive at CZK 16,700.

According to UlovDomov.cz director Michal Hrbatý, high mortgage interest rates continue to steer people toward renting rather than buying. Although rental prices stabilized in the second quarter, renting generally remains more affordable than mortgage repayments. In cities like Prague and Brno, monthly mortgage costs for a 2+kk apartment are typically twice as high as rent.

An exception is Ostrava, where purchasing property may be more cost-effective than renting. The city is currently the only major market in the country where mortgage payments are lower than equivalent rental costs, in contrast to the national trend.

Source: CTK

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