The highest lease rates in the Czech Republic are in Prague and Pilsen

According to the poll of the Trigema company, the areas with the highest rents in the Czech Republic are in Prague. The lower rental fees are in the Usti and Labem region and the districts of Moravia and Silesia. In the second quarter of 2017, the rental rates in Prague were double that of the rental fees in other locations in the Czech Republic. For example: a 2+kk apartment in Prague was being rented, on the average, at 14,000 Czech Korunas per month. In contrast, apartments in the Moravia and Silesia regions were being rented out for only 7000 Czech Korunas. Below are the findings of the poll, by Czech province:

• • South Moravia – an average lease for an apartment of 11,916 Czech Korunas. 

  • Central Bohemia – an average lease for an apartment of 9,875 Czech Korunas. 

  • Pilsen – an average lease for an apartment of 9,762 Czech Korunas. 

  • Liberec – an average lease for an apartment of 7,805 Czech Korunas. 

  • Moravia and Silesia – an average lease for an apartment of 7,355 Czech Korunas. 

  • Ústí and Labem – an average lease for an apartment of 7,037 Czech Korunas. 

“The residential market and the rent are closely bound,” says Mark Soral, the CEO of the Trigema company, and adds: “In places that are considered attractive residential areas, the prices of new and old apartments are higher and the apartment rental fee accordingly rises”. The data of the Trigerma company proves this. In the first quarter of 2017 the average rent of apartments in Prague was: 

• • For a 1 kk+ size apartment the rent was around 11,294 Czech Korunas. 

  • For a 2 kk+ size apartment the rent was around 14,223 Czech Korunas. 

  • For a 3 kk+ size apartment the rent was around 18,134 Czech Korunas. 

The most expensive areas to rent were in the center of the city, for example in Prague 1 the average rent was 41,611 Czech Korunas whereas in Prague 2 they were around 29,579. It must, of course, be recalled that these are average prices. On one extreme, an apartment in Prague 9 had been leased out for 4200 Czech Korunas, whereas on the other extreme another apartment in Prague 2 had been leased out for 130,000 Czech Korunas. 

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