In major cities of Russia, the rent for one-room apartments in 2023 increased by 22% on average, reaching 21 thousand rubles. Renting a two-room apartment has become 19% more expensive (an average of 27 thousand rubles). In this respect he is writing RIA Novosti, with reference to the World of Apartments real estate advertising database.
According to the company, last year the average cost of renting a three-room apartment in the country increased by 15 percent to 34 thousand rubles.
The highest average rental rates were in Kirov – in 2023, one-room apartments increased by 53 percent, two-room apartments by 44 percent, and three-room apartments by 78 percent. The cheapest place to rent housing was the Leningrad region, Sochi, Sevastopol, Vladimir and Izhevsk.
In Moscow, the rental prices of one-room apartments increased by 19 percent, the price of two-room apartments increased by 13 percent, and the price of three-room apartments increased by 10 percent. In the Moscow region, growth was 12%, 8.5% and 7%, respectively. St. In St. Petersburg, the price of “one-room apartments” increased by 15%, the price of “two-room apartments” by 9% and the price of “three-room apartments” by 7%.
Pavel Lutsenko, the company’s general director, announced that apartment rental rates increased moderately and evenly in 2023, but increased by double digits in the fourth quarter. After the Central Bank of the Russian Federation raised interest rates and increased mortgage loan rates, many people turned to renting, and demand caused prices to increase. According to their forecasts, rental prices will continue to increase in Russia in 2024.
On December 15, the Central Bank closed for the fifth time in a row. raised key rate – increased by 100 basis points to 16% per annum. Mortgage loan interest rates reached 16-25 percent.
Previously “socialbites.ca” saidWhat will happen to mortgages in Russia in 2024?