St. Petersburg is ahead of Moscow in the dynamics of rising rental prices – Kommersant
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In St. Petersburg, the rate of growth in rental prices in 2023 exceeded the figures in Moscow, the Yandex Rent service reported. In some areas the increase exceeds 60%.
The average price of long-term studio rental in Moscow increased by 20%, to 60 thousand rubles, according to a Yandex Rental study (available from Kommersant), in St. Petersburg – by 30%, to 30 thousand rubles. One-room apartments are rented in the capital for an average of 50 thousand rubles. (+11%), in St. Petersburg – for 33 thousand (+22%), two-room apartments – for 75 thousand (+15.4%) and 55 thousand rubles. (+30%) respectively.
Analysts believe that the reason for the rise in price was the “dropout” of budget proposals. The remaining options on the market “form a high average rental price.” In Moscow, the volume of supply decreased by 40%, in St. Petersburg – almost twice.
In the capital, studios and one-room apartments have risen most noticeably in price on Vernadskogo Avenue (+44%), in Donskoy (+43%), and Yuzhnoportovy (+40%) districts. Two-room and three-room apartments increased in price most significantly in the Meshchansky district (+69%), Zamoskvorechye (+62%) and Alekseevsky district (+59%). In St. Petersburg, studios and one-room apartments have risen in price the most in the Sosnovskoye districts (+46%), municipal district No. 54 (+37%), and Lakhta-Olgino (+35%). Two-room and three-room apartments increased in price the most in the areas of Grazhdanka (+67%), Aptekarsky Island (+64%) and Chkalovskoye (+61%).
About the reasons for rising rental prices – in the material “Kommersant” “The rent was supported by a mortgage”.
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