What are rents like in Albania right now? (January 2026)

Authored by the expert who managed and guided the team behind the Albania Property Pack

Everything you need to know before buying real estate is included in our Albania Property Pack

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Inna Kataeva 🇦🇱

Investment Consultant

Inna Kataeva specializes in real estate investment across Albania. She provides tailored support, from selecting apartments, land, or commercial properties to advising on location benefits like climate, infrastructure, and development plans. With a focus on transparency, Inna ensures seamless transactions by collaborating with trusted agencies, developers, and legal professionals. Whether seeking a coastal retreat or an investment opportunity, she is committed to guiding you through every step with expertise and care.

Who is the author of this content?

INVESTROPA

A team specialized in real estate investing in European countries

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Albania. If you’d like to learn more about us, you can check our presentation page.

What are typical rents in Albania as of 2026?

What's the average monthly rent for a studio in Albania as of 2026?

As of January 2026, the average monthly rent for a studio apartment in Albania is around 42,000 ALL (approximately 420 EUR or 440 USD), with Tirana being the main reference point since most rental activity happens there.

Most studios in Albania rent for between 25,000 ALL and 50,000 ALL (250 to 500 EUR, or roughly 260 to 525 USD), depending on location and condition.

Main factors causing studio rents to vary within Albania include proximity to central Tirana, building age, whether the unit has been renovated, and whether the property is in a coastal area where seasonal demand matters.

What's the average monthly rent for a 1-bedroom in Albania as of 2026?

As of January 2026, the average monthly rent for a 1-bedroom apartment in Albania is around 56,000 ALL (approximately 560 EUR or 590 USD), based on typical listings in Tirana where most demand is concentrated.

Most 1-bedroom apartments in Albania fall within a range of 30,000 ALL to 70,000 ALL (300 to 700 EUR, or roughly 315 to 735 USD), with the spread reflecting differences between budget and premium options.

For cheapest 1-bedroom rents in Albania, areas like Kombinat, Kamez, and parts of Unaza e Re offer lower prices, while Blloku, Komuna e Parisit, and Liqeni Artificial command the highest rents.

What's the average monthly rent for a 2-bedroom in Albania as of 2026?

As of January 2026, the average monthly rent for a 2-bedroom apartment in Albania is around 80,000 ALL (approximately 800 EUR or 840 USD), with Tirana prices setting the benchmark.

The realistic range for most 2-bedroom apartments in Albania runs from 45,000 ALL to 100,000 ALL (450 to 1,000 EUR, or roughly 475 to 1,050 USD), covering everything from basic units to modern renovated spaces.

In Albania, cheapest 2-bedroom rents are found in outer Tirana areas like Selite and secondary cities such as Elbasan or Shkoder, while premium neighborhoods like Blloku, Myslym Shyri, and waterfront zones in Sarande have the most expensive options.

By the way, you will find much more detailed rent ranges in our property pack covering the real estate market in Albania.

What's the average rent per square meter in Albania as of 2026?

As of January 2026, the average rent per square meter in Albania is around 1,100 ALL (approximately 11 EUR or 11.50 USD) monthly, varying significantly between central Tirana and other areas.

Across different neighborhoods in Albania, rents per square meter range from about 600 ALL to 1,800 ALL (6 to 18 EUR, or roughly 6.30 to 19 USD), with prime Tirana pockets at the high end and secondary cities at the low end.

Compared to other Balkan capitals, Albania's rent per square meter remains competitive, sitting below rates in Montenegro or Croatia but above those in North Macedonia or Kosovo.

Property characteristics that push rent per square meter above average in Albania include newer construction with elevators, dedicated parking, modern renovations, and location near Grand Park or Blloku in Tirana.

How much have rents changed year-over-year in Albania in 2026?

As of January 2026, rents in Albania have increased by approximately 3% to 5% year-over-year officially, though asking rents in Tirana's prime areas have jumped closer to 7% to 10%.

Main factors driving rent changes in Albania include strong demand from internal migration to Tirana, limited new housing supply, and continued interest from expats and remote workers.

This year's rent increase is slightly higher than 2024's 2% to 4% pace, reflecting a tightening market as Tirana absorbs most economic growth.

What's the outlook for rent growth in Albania in 2026?

As of January 2026, rent growth in Albania is projected at 3% to 6% base case, with potential for 7% to 10% in high-demand Tirana micro-areas if supply stays constrained.

Key economic and demographic factors likely to influence Albania's rent growth include continued urbanization toward Tirana, the country's growing appeal to digital nomads and foreign retirees, and limited construction activity in central locations.

Neighborhoods expected to see strongest rent growth include Blloku, Komuna e Parisit, and Liqeni Artificial in Tirana, plus waterfront areas in Vlore and Sarande.

Risks that could cause Albania's rent growth to differ from projections include potential economic slowdown, changes to visa policies affecting foreign demand, or a surge in new apartment completions that could soften the market.

We have made this infographic to give you a quick and clear snapshot of the property market in Albania. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.

Which neighborhoods rent best in Albania as of 2026?

Which neighborhoods have the highest rents in Albania as of 2026?

As of January 2026, the three neighborhoods with the highest average rents in Albania are Blloku (averaging around 90,000 ALL or 900 EUR monthly for a 2-bedroom), Komuna e Parisit (around 85,000 ALL or 850 EUR), and Liqeni Artificial area near Grand Park (around 80,000 ALL or 800 EUR).

These neighborhoods command premium rents because they combine walkability, modern buildings, proximity to restaurants and nightlife, and access to Tirana's business district and international community.

Typical tenants in these high-rent Albania neighborhoods include expats at international organizations, successful local professionals, and business owners valuing convenience and lifestyle amenities.

By the way, we've written a blog article detailing what are the current best areas to invest in property in Albania.

Where do young professionals prefer to rent in Albania right now?

The three neighborhoods where young professionals prefer to rent in Albania are Blloku for its vibrant lifestyle, Tirana e Re for its mix of modern apartments and reasonable prices, and Myslym Shyri for its central location and growing cafe scene.

Young professionals in these Albania neighborhoods typically pay between 45,000 ALL and 70,000 ALL monthly (450 to 700 EUR, or roughly 475 to 735 USD) for a 1-bedroom or small 2-bedroom.

Specific amenities attracting young professionals to these Albania neighborhoods include walkable streets with coffee shops and coworking spaces, good public transport connections, modern or recently renovated buildings, and an active social scene within walking distance.

By the way, you will find a detailed tenant analysis in our property pack covering the real estate market in Albania.

Where do families prefer to rent in Albania right now?

The three neighborhoods where families prefer to rent in Albania are Selite for its quieter residential character, Kodra e Diellit for newer developments with more space, and Sauk for its proximity to green areas and international schools.

Families renting 2 to 3 bedroom apartments in these Albania neighborhoods typically pay between 60,000 ALL and 100,000 ALL monthly (600 to 1,000 EUR, or roughly 630 to 1,050 USD), depending on size.

Features making these neighborhoods attractive to families include larger layouts, parking availability, lower traffic and noise, nearby parks and playgrounds, and a sense of community.

Top-rated schools near these family-friendly Albania neighborhoods include Albanian International School in Sauk, well-regarded public schools in Selite, and private kindergartens throughout these zones.

Which areas near transit or universities rent faster in Albania in 2026?

As of January 2026, the three areas near transit or universities that rent fastest in Albania are Qyteti Studenti (main student district), Zogu i Zi (major transit intersection), and Unaza e Re near Astir with good bus connections.

Properties in these high-demand Albania areas typically stay listed for just 10 to 25 days when priced correctly, compared to 30 to 45 days elsewhere in Tirana.

The typical rent premium for properties near transit or universities in Albania runs about 5,000 to 10,000 ALL monthly (50 to 100 EUR) above comparable units in less connected locations.

Which neighborhoods are most popular with expats in Albania right now?

The three neighborhoods most popular with expats in Albania are Blloku for its cosmopolitan atmosphere, Komuna e Parisit for quieter tree-lined streets, and Liqeni Artificial corridor for park access and modern apartments.

Expats in these Albania neighborhoods typically pay between 60,000 ALL and 100,000 ALL monthly (600 to 1,000 EUR) for a furnished 1 to 2 bedroom apartment.

Features making these neighborhoods attractive to expats include English-friendly services, international restaurants and cafes, reliable internet, and proximity to embassies and international organizations.

Nationalities most represented in these expat-popular Albania neighborhoods include Americans, Germans, Italians, British, and digital nomads drawn by Albania's low cost of living and warm climate.

And if you are also an expat, you may want to read our exhaustive guide for expats in Albania.

Who rents, and what do tenants want in Albania right now?

What tenant profiles dominate rentals in Albania?

The three tenant profiles dominating the rental market in Albania are young professionals working in Tirana, university students from outside the capital, and seasonal renters in coastal cities like Vlore and Sarande.

In market share terms, young professionals represent roughly 40% of Albania's long-term rental demand, students account for about 25%, and the remaining 35% splits between families, expats, and seasonal renters.

Each tenant profile in Albania typically seeks different property types: young professionals want modern furnished 1-bedrooms near central Tirana, students look for affordable studios or shared apartments near universities, and families need larger 2 to 3 bedroom units in quieter residential areas.

If you want to optimize your cashflow, you can read our complete guide on how to buy and rent out in Albania.

Do tenants prefer furnished or unfurnished in Albania?

In Albania's rental market, roughly 65% to 70% of tenants prefer furnished apartments, especially for studios and 1-bedrooms, while unfurnished is more common for families seeking longer-term stability.

The typical rent premium for furnished apartments in Albania runs about 5,000 to 10,000 ALL monthly (50 to 100 EUR) above unfurnished equivalents, depending on furniture quality.

Tenant profiles that tend to prefer furnished rentals in Albania include students needing ready-to-move options, young professionals relocating for work, expats on shorter assignments, and anyone arriving without existing furniture.

Which amenities increase rent the most in Albania?

The five amenities that increase rent the most in Albania are dedicated parking, elevator access in the building, air conditioning and heating systems, a balcony with good natural light, and location within walking distance of central Tirana or Grand Park.

Each of these amenities in Albania commands a different rent premium: parking adds roughly 5,000 to 8,000 ALL (50 to 80 EUR) monthly, elevators in newer buildings justify 3,000 to 5,000 ALL (30 to 50 EUR) extra, good AC systems add 3,000 to 5,000 ALL (30 to 50 EUR), attractive balconies add 2,000 to 4,000 ALL (20 to 40 EUR), and prime location can add 10,000 ALL (100 EUR) or more.

In our property pack covering the real estate market in Albania, we cover what are the best investments a landlord can make.

What renovations get the best ROI for rentals in Albania?

The five renovations getting best ROI for rental properties in Albania are kitchen modernization with new appliances, bathroom updates with modern fixtures, fresh paint with improved lighting, efficient air conditioning installation, and quality flooring replacement.

Typical costs and expected rent increases for these Albania renovations are: kitchen refresh at 200,000 to 400,000 ALL (2,000 to 4,000 EUR) can add 5,000 to 8,000 ALL (50 to 80 EUR) monthly; bathroom update at 150,000 to 300,000 ALL adds 3,000 to 5,000 ALL; paint and lighting at 50,000 to 100,000 ALL adds 2,000 to 3,000 ALL; AC at 80,000 to 150,000 ALL adds 3,000 to 5,000 ALL; flooring at 100,000 to 200,000 ALL adds 2,000 to 4,000 ALL monthly.

Renovations with poor ROI that landlords in Albania should avoid include luxury finishes exceeding neighborhood standards, swimming pools or hot tubs in apartments, and overly personalized design choices that limit tenant appeal.

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Albania versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.

How strong is rental demand in Albania as of 2026?

What's the vacancy rate for rentals in Albania as of 2026?

As of January 2026, the vacancy rate for rental properties in Albania is estimated at around 4% to 7% in central Tirana, with tighter conditions in prime neighborhoods and looser availability in outer districts.

Across different neighborhoods in Albania, vacancy rates range from as low as 3% in high-demand areas like Blloku to above 10% in secondary cities like Elbasan, Shkoder, and Fier where rental demand is thinner.

Compared to historical averages, the current vacancy rate in Albania is relatively low, reflecting several years of strong internal migration to Tirana combined with limited new rental supply entering the market.

Finally please note that you will have all the indicators you need in our property pack covering the real estate market in Albania.

How many days do rentals stay listed in Albania as of 2026?

As of January 2026, the average number of days rentals stay listed in Albania is around 25 to 35 days for well-priced properties in Tirana, though this varies significantly by location and price point.

Across different property types and neighborhoods in Albania, days on market ranges from as few as 10 to 15 days for modern 1-bedrooms in Blloku to 60 to 90 days or more for overpriced or poorly located units.

Compared to one year ago, the current days-on-market figure in Albania is slightly lower, reflecting tighter market conditions and continued strong demand from young professionals and expats moving to Tirana.

Which months have peak tenant demand in Albania?

Peak months for tenant demand in Albania are typically August through October when students return to universities and professionals complete relocations before the new work season, plus a secondary peak in March through May as spring moves pick up.

Specific factors driving these seasonal demand patterns in Albania include the academic calendar concentrated around Tirana's universities, work relocation timing, and landlords preparing properties before summer tourist season in coastal areas.

Months with the lowest tenant demand in Albania are typically December through February when fewer people move, and mid-summer June through July when attention shifts to coastal vacation rentals rather than long-term Tirana leases.

What will my monthly costs be in Albania as of 2026?

What property taxes should landlords expect in Albania as of 2026?

As of January 2026, landlords in Albania should expect annual property tax of approximately 0.05% of the property's reference value, which for a typical Tirana apartment worth 100,000 EUR translates to around 5,000 ALL (50 EUR or roughly 50 USD) per year.

The realistic range of annual property taxes in Albania runs from about 3,000 ALL to 15,000 ALL (30 to 150 EUR, or roughly 30 to 160 USD) depending on property value, size, and municipal location.

Property taxes in Albania are calculated using government-set reference prices for each area, not market values, and the tax rate is applied uniformly though municipalities may add small local fees.

Please note that, in our property pack covering the real estate market in Albania, we cover what exemptions or deductions may be available to reduce property taxes for landlords.

What maintenance budget per year is realistic in Albania right now?

A realistic annual maintenance budget for a typical rental property in Albania is around 80,000 to 150,000 ALL (800 to 1,500 EUR, or roughly 840 to 1,575 USD), assuming an average-condition apartment in Tirana.

The realistic range of annual maintenance costs in Albania runs from about 50,000 ALL (500 EUR) for newer buildings in good condition to over 200,000 ALL (2,000 EUR) for older properties requiring more frequent repairs.

Landlords in Albania typically set aside about 8% to 12% of annual rental income for maintenance, which aligns with the 0.8% to 1.5% of property value guideline commonly used in similar markets.

What utilities do landlords often pay in Albania right now?

Utilities landlords most commonly pay in Albania are building common-area charges (stairway lighting, elevator maintenance, shared cleaning) and sometimes internet in furnished expat-targeted rentals.

Typical monthly costs for landlord-paid utilities in Albania run about 2,000 to 5,000 ALL (20 to 50 EUR, or roughly 20 to 50 USD) for common-area fees in standard buildings, with newer residence-style complexes potentially charging 5,000 to 10,000 ALL (50 to 100 EUR) including additional amenities.

The common practice in Albania is for tenants to pay electricity, water, and internet directly, while landlords cover building fees and any management charges, though exact arrangements vary by lease and building type.

How is rental income taxed in Albania as of 2026?

As of January 2026, rental income in Albania is typically subject to a 15% withholding tax on gross rent for individuals, though exact treatment depends on lease structure and who handles tax payment.

Main deductions landlords can claim against rental income in Albania include property maintenance expenses, depreciation on buildings and fixtures, insurance premiums, and certain administrative costs, though documentation requirements are strict.

A common tax mistake specific to Albania that landlords should avoid is failing to properly register rental contracts with tax authorities, which can result in penalties and loss of deduction eligibility even when taxes are otherwise paid correctly.

We cover these mistakes, among others, in our list of risks and pitfalls people face when buying property in Albania.

We made this infographic to show you how property prices in Albania compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.

What sources have we used to write this blog article?

Whether in our blog articles or the market analyses included in our property pack about Albania, we always rely on the strongest methodology we can and don't throw out numbers at random.

We aim for full transparency, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.

Source	Why It's Authoritative	How We Used It
INSTAT Consumer Price Index	Albania's official statistics office, baseline for inflation context.	We used it to anchor what's happening to national price trends. We also used it as a reality-check against private rent data to avoid implausible jumps.
Eurostat HICP Rent Series via FRED	Eurostat's harmonized rent inflation series, mirrored by a reputable platform.	We used it to estimate year-over-year rent change and the direction of travel into 2026. We then aligned our asking-rent medians to official trends.
Eurostat HICP Methodology	Explains what the HICP covers and how it's built, key for verification.	We used it to justify rent series comparability. We also used it to explain our triangulation method.
Bank of Albania Real Estate Survey	Central bank documents how it collects housing market indicators.	We used it to ground the broader housing-market momentum that tends to spill into rents with a lag. We also framed 2026 rent-growth risks.
Bank of Albania H1 2025 Report	Official Bank of Albania publication with explicit quantitative results.	We used it to capture post-2024 price acceleration as a leading indicator. We informed our 2026 outlook scenarios.
Colliers Market Overview Albania 2024	Major global real-estate consultancy with published methodology.	We used it to cross-check which submarkets are hot in Tirana and coast. We kept narrative Albania-specific.
INSTAT Census 2023	Definitive dataset on households and dwelling stock in Albania.	We used it to explain tenant structure and dwelling stock. We framed vacancy as two markets: Tirana vs seasonal coastal.
INSTAT Migration 2024	Official INSTAT publication on migration flows affecting rental demand.	We used it to explain why demand is uneven by city due to jobs and education concentration. We also supported the young professionals and movers to Tirana tenant story.
INSTAT Education Statistics	Official education dataset, useful for student-driven rental demand.	We used it to support the student-rental lens around universities in Tirana. We then named fast-renting submarkets near campuses and transit.
Official Gazette Reference Prices	QBZ is the official legal gazette, verifiable primary law text.	We used it to anchor property-tax valuation mechanics. We kept tax expectations realistic for 2026.
ERE Electricity Tariffs 2025	The regulator's official tariff schedule as a primary source.	We used it to estimate landlord-paid electricity costs. We translated tariffs into simple monthly ballpark costs.
PwC Tax Summaries Albania	Top-tier global tax firm's maintained country tax summary.	We used it to cross-check income tax treatment for individuals. We used it as a second source alongside local guidance.
Deloitte Tax@Hand Albania	Top-tier global tax firm note tied to enacted law and effective dates.	We used it to sanity-check the 2026 legal framework. We explained rental-income taxation in plain language.
RE/MAX Albania Listings	Large international brokerage with transparent, checkable listing feed.	We used it to sample asking rents by type and neighborhood in Tirana. We took medians to estimate typical rent.
Century 21 Albania Listings	Major international brokerage with directly verifiable listings.	We used it as an independent cross-check against RE/MAX. We identified recurring high-rent micro-areas by name.