Rental housing prices increased in Russia

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Long-term rental housing prices in Russia have increased, writer Kommersant newspaper based on data from real estate market experts. Prices have increased for both one-room and two-bedroom apartments.

In July, in Russia’s 18 largest regional markets (more than 16 million cities, Moscow and Leningrad regions), it was possible to rent a one-room apartment for an average of 22.5 thousand rubles. per month, “kopek piece” – for 33.4 thousand rubles. The company “CIAN.Analitika” referred to the data, noting that the rates increased by 3.3% and 3.5%, respectively, compared to June. According to the calculations of “Etazhi”, the price of renting a one-room apartment in the 16 largest cities of Russia currently averages 21.3 thousand rubles. two-room apartments per month – 25.9 thousand rubles, 0.9% more than in June in both cases. At Avito Nedvizhimost, the average long-term rental rate in the largest cities of Russia is estimated at 25 thousand rubles. monthly. Value rose 13.6% for the year, but was virtually unchanged in June, according to the company.

Most importantly, the average rental rates for “odnushki” increased in Omsk and Nizhny Novgorod – by 8.9%, and by 9.8% – 18 thousand and 22.2 thousand rubles. calculated in CIAN.Analytics, respectively. In St. Petersburg and Moscow, the price of kopek pieces increased more significantly – by 8.9% to 46.5 thousand rubles. and by 5.2% to 76.7 thousand rubles. per month, the company added.

Alexey Popov, head of Cyan.Analytics, explained this trend with a 19% drop in the supply of rental apartments in Russia compared to June and the restriction of the teleworking format by many Russian companies. According to him, this encourages Russians to more actively rent housing. Konstantin Kamenev, head of the long-term rental category at Avito Nedvizhimost, does not expect rental rates to drop. According to him, Russians now prefer to rent a house rather than buy it.

Since the beginning of the year, the supply of rental flats has decreased by 37%, knowledgeable popov.

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