Authored by the expert who managed and guided the team behind the Czechia Property Pack
Yes, the analysis of Prague's property market is included in our pack
If you're thinking about renting out property in Prague, you need to know what tenants are actually paying right now.
This article covers current rent levels, neighborhood trends, and landlord costs in Prague as of January 2026.
We update this blog post regularly to keep the numbers fresh and relevant.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Prague.
Insights
- Prague rents have grown roughly 4% to 7% over the past year, with the citywide average now around CZK 475 per square meter per month in January 2026.
- Prague 2 (Vinohrady) commands the highest rents in the city at about CZK 493 per square meter, roughly 4% above the citywide average.
- Vacancy rates in Prague remain extremely tight at an estimated 1% to 2.5%, explaining why well-priced apartments often rent within two weeks.
- Water and sewage costs in Prague are officially set at CZK 151 per cubic meter as of January 2025, a concrete number landlords can use for budgeting.
- Peak rental demand in Prague happens in August and September when students and job relocators flood the market, so landlords listing then can often negotiate higher rents.
- Karlín (Prague 8) has become a young professional magnet, combining modern offices, metro access, and trendy cafes in one walkable area.
- Energy-efficient apartments now command a noticeable premium in Prague because tenants want predictable utility bills after recent energy price spikes.
- Prague's built-to-rent buildings report near-full occupancy and occasional waiting lists, signaling that demand far outstrips professionally managed supply.
What are typical rents in Prague as of 2026?
What's the average monthly rent for a studio in Prague as of 2026?
As of January 2026, a typical 30-square-meter studio in Prague rents for around CZK 14,000 per month, which is about $595 or €550.
That said, most Prague studios fall between CZK 12,500 and CZK 16,500 per month (roughly $530 to $700, or €490 to €650).
What pushes a studio toward the higher or lower end in Prague comes down to the district, elevator access, and whether the unit is furnished with modern finishes.
What's the average monthly rent for a 1-bedroom in Prague as of 2026?
As of January 2026, a typical 45-square-meter 1-bedroom apartment in Prague rents for about CZK 21,500 per month, roughly $915 or €845.
Most 1-bedroom apartments in Prague fall within CZK 19,000 to CZK 26,000 per month (about $810 to $1,105, or €745 to €1,020).
Outer districts like Prague 9 or Prague 10 tend to have the cheapest 1-bedroom rents, while Vinohrady (Prague 2) and Letná (Prague 7) sit at the top of the range.
What's the average monthly rent for a 2-bedroom in Prague as of 2026?
As of January 2026, a typical 65-square-meter 2-bedroom apartment in Prague rents for about CZK 31,000 per month, equivalent to roughly $1,320 or €1,215.
The realistic range for Prague 2-bedrooms runs from CZK 27,000 to CZK 38,000 per month ($1,150 to $1,615, or €1,060 to €1,490), with prime central locations sometimes exceeding that.
For cheaper 2-bedroom rents in Prague, look to residential areas like Vysočany (Prague 9) or Krč (Prague 4), while Staré Město (Prague 1) and Vinohrady (Prague 2) remain most expensive.
By the way, you will find much more detailed rent ranges in our property pack covering the real estate market in Prague.
What's the average rent per square meter in Prague as of 2026?
As of January 2026, the average rent per square meter in Prague is approximately CZK 475, which translates to about $20 or €19 per m² per month.
Rent per square meter in Prague varies significantly, ranging from around CZK 400 in outer districts to nearly CZK 500 in prime central areas like Prague 2 ($17 to $21, or €16 to €20).
Compared to other major Czech cities, Prague's rent per square meter is substantially higher, often 30% to 50% above Brno or Ostrava for similar apartments.
Properties commanding above-average rent in Prague typically feature metro proximity, modern renovations, energy-efficient heating, and outdoor space like a balcony.
How much have rents changed year-over-year in Prague in 2026?
As of January 2026, Prague rents have increased by an estimated 4% to 7% compared to January 2025, depending on neighborhood and property type.
Main factors driving Prague rent increases include persistently tight supply, elevated home prices keeping more people renting, and steady demand from Czech tenants and foreign workers.
This year's rent growth in Prague is roughly in line with 2025's trajectory, when rents rose from CZK 438/m² in Q1 to CZK 456 by Q3, reflecting consistent upward pressure.
What's the outlook for rent growth in Prague in 2026?
As of January 2026, Prague rents are projected to grow by approximately 4% to 7% over the year, with risk skewed slightly upward if supply remains tight.
Key factors influencing Prague rent growth include the Czech National Bank's interest rate decisions, ongoing affordability challenges in the purchase market, and continued demand from expats and young professionals.
Neighborhoods expected to see strongest rent growth in Prague include Karlín (Prague 8), Holešovice (Prague 7), and Smíchov (Prague 5), all combining excellent transit with lifestyle amenities.
Main uncertainties that could affect Prague rent growth include any significant CNB monetary policy shift, migration pattern changes, or a sudden increase in new apartment completions.
We have made this infographic to give you a quick and clear snapshot of the property market in the Czech Republic. 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 Prague as of 2026?
Which neighborhoods have the highest rents in Prague as of 2026?
As of January 2026, the three highest-rent neighborhoods in Prague are Vinohrady (Prague 2) at around CZK 495/m² ($21/€19), Staré Město (Prague 1) at roughly CZK 485/m² ($21/€19), and Letná (Prague 7) at about CZK 480/m² ($20/€19).
These Prague neighborhoods command premium rents due to central location, excellent tram and metro connections, walkable streets with cafes, and historic architecture.
Typical tenants in these high-rent Prague neighborhoods include expats on relocation packages, dual-income professional couples, and executives prioritizing convenience over space.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Prague.
Where do young professionals prefer to rent in Prague right now?
Top neighborhoods for young professionals in Prague are Karlín (Prague 8), Holešovice (Prague 7), and Vinohrady (Prague 2), known for their mix of energy, convenience, and modern amenities.
Young professionals in these Prague neighborhoods typically pay CZK 18,000 to CZK 28,000 per month for a 1-bedroom ($765 to $1,190 or €705 to €1,100).
What attracts young professionals is the combination of walkable streets, trendy coffee shops, coworking spaces, and direct metro or tram access to employment hubs.
By the way, you will find a detailed tenant analysis in our property pack covering the real estate market in Prague.
Where do families prefer to rent in Prague right now?
Top family neighborhoods in Prague are Dejvice (Prague 6), Krč (Prague 4), and Střešovice (Prague 6), offering more space, greenery, and a calmer residential atmosphere.
Families renting 2-3 bedroom apartments in these Prague neighborhoods typically pay CZK 28,000 to CZK 42,000 per month ($1,190 to $1,785 or €1,100 to €1,650).
These Prague areas attract families with larger layouts, parks and playgrounds, good schools, and quieter streets while maintaining metro or tram access.
Top schools near these family-friendly Prague neighborhoods include international schools in Dejvice and Bubeneč, plus well-regarded Czech public schools in Prague 4 and Prague 6.
Which areas near transit or universities rent faster in Prague in 2026?
As of January 2026, fastest-renting areas in Prague are Dejvice (near Czech Technical University/metro A), Karlín (metro B/employers), and Smíchov/Anděl (major transit hub with metro B and trams).
Properties in these high-demand Prague areas typically rent within 10 to 15 days, compared to 15 to 30 days citywide for well-priced units.
The typical rent premium near metro stations or universities in Prague is roughly 5% to 10%, adding CZK 1,000 to CZK 2,500 per month ($43 to $106, or €39 to €98).
Which neighborhoods are most popular with expats in Prague right now?
Top expat neighborhoods in Prague are Vinohrady (Prague 2), Letná (Prague 7), and Karlín (Prague 8), offering central convenience and international-friendly environments.
Expats in these Prague neighborhoods typically pay CZK 22,000 to CZK 35,000 per month for 1-2 bedrooms ($935 to $1,490 or €860 to €1,370).
These Prague areas attract expats with English-friendly services, international restaurants, easy access to embassies and international companies, and concentrations of other foreigners.
The expat communities most represented include Germans, Americans, Brits, Ukrainians, and professionals from other EU countries who relocated for work.
And if you are also an expat, you may want to read our exhaustive guide for expats in Prague.
Get fresh and reliable information about the market in Prague
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Who rents, and what do tenants want in Prague right now?
What tenant profiles dominate rentals in Prague?
Top three tenant profiles in Prague are young professionals (often couples or sharers), international workers and expats, and students or early-career renters.
In market share, young professionals represent an estimated 35% to 40% of Prague renters, expats account for 25% to 30%, and students plus early-career renters make up 20% to 25%.
Young professionals in Prague typically seek modern 1-2 bedroom apartments near metro lines, expats want furnished units in central neighborhoods, and students look for studios or shared apartments near universities.
If you want to optimize your cashflow, you can read our complete guide on how to buy and rent out in Prague.
Do tenants prefer furnished or unfurnished in Prague?
In Prague, roughly 55% to 60% of tenants prefer furnished apartments, while 40% to 45% prefer unfurnished, reflecting the large expat and mobile professional population.
The typical rent premium for furnished apartments in Prague is CZK 2,000 to CZK 4,000 per month ($85 to $170, or €78 to €157), depending on furniture quality.
Tenant profiles preferring furnished rentals in Prague include expats on 1-3 year assignments, students, and young professionals who want to avoid upfront furniture costs.
Which amenities increase rent the most in Prague?
Top five rent-boosting amenities in Prague are metro/tram proximity, energy-efficient heating, elevator access, balcony or terrace, and dedicated parking.
In Prague, metro proximity adds CZK 1,500 to CZK 3,000/month ($64 to $128, or €59 to €118), energy efficiency adds CZK 1,000 to CZK 2,000 ($43 to $85, or €39 to €78), elevator adds CZK 500 to CZK 1,500 ($21 to $64, or €20 to €59), balcony adds CZK 1,000 to CZK 2,500 ($43 to $106, or €39 to €98), and parking adds CZK 2,000 to CZK 4,000 ($85 to $170, or €78 to €157).
In our property pack covering the real estate market in Prague, we cover what are the best investments a landlord can make.
What renovations get the best ROI for rentals in Prague?
Top five ROI renovations in Prague are window replacement/insulation, bathroom modernization, kitchen updates, improved lighting and flooring, and efficient heating controls.
In Prague, window upgrades cost CZK 50,000 to CZK 150,000 ($2,125 to $6,380, or €1,960 to €5,880) for CZK 1,000 to CZK 2,000 extra rent; bathrooms cost CZK 80,000 to CZK 200,000 ($3,400 to $8,510, or €3,140 to €7,840) for CZK 1,500 to CZK 3,000 extra; kitchens cost CZK 60,000 to CZK 180,000 ($2,550 to $7,660, or €2,350 to €7,060) for CZK 1,000 to CZK 2,500 extra.
Poor ROI renovations to avoid in Prague include luxury finishes exceeding neighborhood standards, overly personalized designs, and expensive structural changes that don't improve daily livability.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in the Czech Republic 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 Prague as of 2026?
What's the vacancy rate for rentals in Prague as of 2026?
As of January 2026, the estimated vacancy rate for long-term rentals in Prague is approximately 1% to 2.5%, indicating a very tight market where demand exceeds supply.
Vacancy rates across Prague range from under 1% in high-demand areas like Vinohrady and Karlín to around 3% in outer districts like Prague 9 or Prague 10.
Current vacancy is lower than the historical average of roughly 3% to 4%, reflecting persistent supply constraints since the post-pandemic recovery.
Finally please note that you will have all the indicators you need in our property pack covering the real estate market in Prague.
How many days do rentals stay listed in Prague as of 2026?
As of January 2026, rentals in Prague stay listed for an average of 15 to 25 days before being rented, assuming reasonable pricing.
Days on market in Prague vary from as few as 10 days for well-priced apartments in Vinohrady or Karlín to 30+ days for overpriced units with poor transit access.
Compared to one year ago, days-on-market in Prague is roughly similar or slightly shorter, reflecting continued strong demand.
Which months have peak tenant demand in Prague?
Peak months for tenant demand in Prague are August and September, when students flood the market before the academic year and job relocators settle in after summer holidays.
Seasonal demand drivers in Prague include the university calendar (Charles University and Czech Technical University start in October), corporate relocation cycles, and families wanting to move before school begins.
Months with lowest tenant demand in Prague are typically November through February, when fewer people move in cold weather and hiring cycles slow down.
Buying real estate in Prague can be risky
An increasing number of foreign investors are showing interest. However, 90% of them will make mistakes. Avoid the pitfalls with our comprehensive guide.
What will my monthly costs be in Prague as of 2026?
What property taxes should landlords expect in Prague as of 2026?
As of January 2026, Prague landlords should expect annual property taxes of CZK 2,000 to CZK 8,000 ($85 to $340, or €78 to €314) for a typical apartment, depending on size and municipal coefficients.
The realistic range can be as low as CZK 1,500 for a small studio or as high as CZK 15,000+ ($64 to $638, or €59 to €588) for larger properties with higher coefficients.
Prague property taxes are calculated based on property type, floor area, and municipal coefficients, with base rates defined in the Real Estate Tax Act (Act No. 338/1992).
Please note that, in our property pack covering the real estate market in Prague, we cover what exemptions or deductions may be available to reduce property taxes for landlords.
What maintenance budget per year is realistic in Prague right now?
A realistic annual maintenance budget for a typical rental in Prague is CZK 40,000 to CZK 80,000 ($1,700 to $3,400, or €1,570 to €3,140), depending on property size and age.
Annual maintenance costs in Prague vary from roughly CZK 25,000 for newer small apartments to CZK 120,000+ ($1,065 to $5,105, or €980 to €4,705) for older buildings requiring more repairs.
Prague landlords typically set aside 5% to 10% of annual rental income for maintenance, with older historic buildings requiring higher budgets.
What utilities do landlords often pay in Prague right now?
In Prague, utilities landlords commonly pay or manage include building service charges (common areas, waste), water and sewage, and sometimes heating advances in buildings with centralized systems.
Typical landlord-managed utility costs in Prague include water/sewage at CZK 500 to CZK 1,000 per person/month ($21 to $43, or €20 to €39), and building charges of CZK 1,000 to CZK 3,000 ($43 to $128, or €39 to €118).
Common practice in Prague is for tenants to pay electricity and gas directly, while landlords collect monthly advances for water, heating, and building fees settled annually.
How is rental income taxed in Prague as of 2026?
As of January 2026, rental income in Prague is taxed as personal income at 15% (or 23% above CZK 1.9 million), with long-term residential rentals generally VAT-exempt.
Main deductions landlords can claim include actual documented expenses (maintenance, insurance, property management) or a flat 30% expense deduction if you don't track costs.
A common Prague-specific tax mistake is failing to properly document personal-use vs rental-use splits, or misclassifying short-term accommodation and facing unexpected VAT obligations.
We cover these mistakes, among others, in our list of risks and pitfalls people face when buying property in Prague.
We made this infographic to show you how property prices in the Czech Republic 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 it's in our blog articles or the market analyses included in our property pack about Prague, we always rely on the strongest methodology we can ... and we don't throw out numbers at random.
We also aim to be fully transparent, 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 |
|---|---|---|
| Deloitte Rent Index | Major global audit and advisory firm with clear Czech rental methodology. | We used it as our anchor for Prague rent per m² and district comparisons. We relied on quarter-to-quarter trends to project January 2026. |
| Deloitte Rent Index Q3 2025 | Primary Deloitte release with Prague district-level rent-per-m² figures. | We used the citywide average and district breakdown as concrete numbers to extrapolate January 2026. We identified consistently top-priced districts. |
| Deloitte Rent Index Q2 2025 | Official quarterly release for trend cross-checking. | We used it to compute quarterly growth pace for Prague rents. We used that pace to avoid overreacting to single-quarter data. |
| Deloitte Rent Index Q1 2025 | Official Deloitte release for trend triangulation. | We used it as start-of-year checkpoint to contextualize 2025 rent movement. We sanity-checked our 2026 year-over-year estimates. |
| Engel & Völkers Prague Report 2025/2026 | Established international brokerage with Prague-specific rent ranges. | We used it as second opinion on typical rent bands and demand drivers. We cross-referenced with Deloitte for realistic January 2026 numbers. |
| Czech Statistical Office (CZSO) | Official national statistics agency for the Czech Republic. | We used it as authoritative reference for official inflation releases contextualizing rent changes. We used it as baseline when triangulating rent growth. |
| Eurostat HICP Rentals via FRED | Eurostat's HICP series with clear rental definition. | We used it to anchor that rents are rising in an official index. We kept our 2026 year-over-year estimate in plausible macro range. |
| Reuters CNB Coverage | Highly reputable wire service for macro and central bank reporting. | We used it to frame January 2026 financing conditions affecting rental demand. We supported our rent-growth outlook narrative. |
| Ministry of Finance of Czechia | Official government ministry for tax policy and public finance. | We used it as authoritative home for legislation and official tax references. We avoided relying on unofficial sources. |
| Real Estate Tax Act | Official government page for the governing property tax law. | We used it to ground property tax section in real legal basis. We explained why taxes vary by coefficients and property type. |
| Czech Financial Administration | Official tax administration for the Czech Republic. | We used it to anchor how taxes are administered. We guided readers toward official filing resources. |
| Financial Admin Real Estate Tax | Official tax office page for real estate tax. | We used it to support practical property tax guidance. We kept compliance pointers official. |
| Prague City Hall (MHMP) | Official City of Prague website with utility rate information. | We used it for Prague-specific water/sewage charges. We made monthly costs section specific to Prague. |
| PVK (Prague Waterworks) | Core utility operator publishing pricing directly. | We used it to validate the city's published water/sewage rate. We provided operator-level source backing. |
| PRE (Pražská energetika) | Major Prague electricity supplier with official price lists. | We used it to show how electricity costs are documented. We supported utilities guidance with Prague-specific realism. |
| Eurostat Electricity Prices | EU's official statistics office. | We used it to cross-check that household energy prices remained elevated. We justified why efficiency affects rentability. |
| KPMG TaxNewsFlash | Top-tier tax advisory firm summarizing legislative changes. | We used it to explain that property tax rules and coefficients changed recently. We cross-checked alongside official law pages. |
| RSM Czech Tax Guide | Well-known professional services firm with structured tax overview. | We used it as cross-check for how rental income interacts with VAT. We kept tax section practical. |
| OECD Czech Tax Publication | Top international organization for policy references. | We used it to keep tax framing consistent with international descriptions. We used it as macro credibility check. |
| Property Forum BTR Analysis | Established real estate outlet with Prague BTR counts and occupancy signals. | We used it to support demand story: modern rentals are highly occupied. We bridged vacancy and time-to-rent estimates. |
| Prague Forum | Prague-focused source with seasonal demand insights. | We used it to identify peak rental demand months. We understood student and relocation-driven seasonality. |
| Dostupný advokát | Practical legal resource for Czech property owner obligations. | We used it to understand repair fund practices. We informed maintenance budget estimates for Prague landlords. |
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