Rents in Prague, regional cities and the Central Bohemia Region rose again in 2Q of 2022, this time by an average of 2.8%. Tenants paid an average of CZK 260 per square metre. The only exception was Ústí nad Labem, where rents fell (by 0.5% to CZK 181 per sqm). Rent prices in Ústí and Labem were also the lowest compared to all other monitored locations. Rent prices rose the most in České Budějovice (by 7.5% to CZK 230 per sqm), Jihlava (by 6.4% to CZK 232 per sqm) and Prague (by 6.3% to CZK 337 per sqm). Prague is also the place with the most expensive average rent in the Czech Republic - the highest price increase was recorded in Prague 1 (by 10% to CZK 396 per sqm), the only price decrease within the capital was recorded in Prague 2 (by 0.8% to CZK 368 per sqm).
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8th February 2023