Prices for renting apartments in Russia increased by 25% over the year
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Prices for long-term rental apartments in Russia in February 2023 increased by 25% compared to February last year. The strongest growth was recorded in Rostov-on-Don – 29.4%. This is stated in the study of the Avito Real Estate service, which Kommersant has.
The average monthly price for renting an apartment in Russia in February 2023 was 25,000 rubles. The average monthly rent for one-room apartments and studios is 20,000 rubles; two-room apartments – 28 thousand rubles; three-room apartments – 40 thousand rubles.
The volume of supply in the long-term rental market increased by an average of 36.9% in the country over the year, and by 125.9% in Moscow. Demand for long-term apartment rentals grew the most in Tomsk, Ufa and Sochi – by 51.7%, 36.3% and 30.5% respectively.
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