Authored by the expert who managed and guided the team behind the Cyprus Property Pack
Get all the data you need about the real estate market in Paphos
We constantly update this blog post so the rent data for Paphos in 2026 stays useful, realistic, and easy to read.
As of June 2026, Paphos rents are still rising, but tenants are becoming more selective about price, location, and apartment quality.
This guide focuses only on residential property in Paphos, with simple numbers for studios, 1-bedroom apartments, 2-bedroom apartments, neighborhoods, demand, and landlord costs.
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 Paphos.
What are typical rents in Paphos as of 2026?
What's the average monthly rent for a studio in Paphos as of 2026?
As of 2026, the average monthly rent for a studio in Paphos is about €600, which is also about $650 and €600 because the local currency in Cyprus is the euro.
For most studios in Paphos in 2026, a realistic monthly rent range is €500 to €750, or about $540 to $810, with the lowest rents usually found in older inland buildings.
The main reasons studio rents vary in Paphos are location, furniture quality, air conditioning, parking, balcony space, and whether the studio is close to Kato Paphos, Universal, Neapolis University, or the seafront.
What's the average monthly rent for a 1-bedroom in Paphos as of 2026?
As of 2026, the average monthly rent for a 1-bedroom apartment in Paphos is about €760, which is also about $820 and €760 in local currency.
In practice, most 1-bedroom apartments in Paphos in 2026 rent for €650 to €900 per month, or about $700 to $970, depending on location and condition.
The cheaper 1-bedroom rents in Paphos are usually in older inland areas, while Kato Paphos, Universal, Tombs of the Kings, and Chloraka tend to have the highest 1-bedroom rents.
What's the average monthly rent for a 2-bedroom in Paphos as of 2026?
As of 2026, the average monthly rent for a 2-bedroom apartment in Paphos is about €1,300, which is also about $1,400 and €1,300 in local currency.
Most 2-bedroom apartments in Paphos in 2026 rent for €1,000 to €1,500 per month, or about $1,080 to $1,620, before moving into premium furnished or sea-view stock.
The cheapest 2-bedroom rents in Paphos are usually in older inland parts of the city, while Universal, Kato Paphos, Tombs of the Kings, Chloraka, and the harbour area are usually more expensive.
By the way, you will find much more detailed rent ranges in our property pack covering the real estate market in Paphos.
What's the average rent per square meter in Paphos as of 2026?
As of 2026, the average apartment rent in Paphos is about €15 per square meter per month, which is also about $16 per square meter and €15 per square meter.
Across Paphos neighborhoods in 2026, most apartments sit between €10 and €25 per square meter per month, or about $11 to $27, with the highest figures near the sea and Universal.
Compared with Limassol, Paphos rent per square meter in 2026 is usually lower, but Paphos can be more expensive than many inland Cyprus areas because of expats, tourism, and lifestyle demand.
In Paphos, rent per square meter usually rises above average when an apartment is modern, furnished, close to the harbour or universities, has parking, has a pool, or offers sea access.
How much have rents changed year-over-year in Paphos in 2026?
As of 2026, average apartment rents in Paphos are up by about 6% year-over-year, with the strongest increases in good furnished 1-bedroom and 2-bedroom apartments.
The main reasons Paphos rents increased in 2026 are limited modern apartment supply, expat demand, university demand, digital workers, and buyers who are still priced out of ownership.
Compared with 2025, rent growth in Paphos in 2026 looks more moderate, because tenants are pushing back on overpriced tourist-style rentals and early-2026 tourism was weaker.
What's the outlook for rent growth in Paphos in 2026?
As of 2026, apartment rents in Paphos are likely to rise by about 4% to 6% for the full year, if supply remains tight and demand stays stable.
The main forces behind Paphos rent growth in 2026 are expats, retirees, students, university staff, remote workers, and the shortage of well-located modern apartments.
The neighborhoods likely to see the strongest rent growth in Paphos are Universal, Kato Paphos, Tombs of the Kings, central Paphos, and areas close to Neapolis University and AUB Mediterraneo.
The biggest risks to this Paphos rent forecast are weaker tourism, too many holiday-style units moving into long lets, affordability pressure, and landlords asking rents above what tenants can pay.
Get fresh and reliable information about the market in Paphos
Don't base significant investment decisions on outdated data. Get updated and accurate information.
Which neighborhoods rent best in Paphos as of 2026?
Which neighborhoods have the highest rents in Paphos as of 2026?
As of 2026, the top high-rent areas in Paphos are Kato Paphos, Universal, and Tombs of the Kings, where good apartments often rent from about €900 to €1,600 per month, or about $970 to $1,730.
These Paphos neighborhoods command premium rents because they offer walkability, restaurants, beach access, tourist demand, furnished apartment stock, and easy access to the harbour or Kings Avenue Mall.
The typical tenants in these high-rent Paphos neighborhoods are expat couples, remote workers, students with higher budgets, retirees, and seasonal professionals who want convenience more than space.
By the way, we’ve written a blog article detailing Sources and methodology: we compared neighborhood asking rents on Bazaraki, Offer.com.cy, and Zyprus. We treated repeated neighborhood patterns as more reliable than one-off luxury listings. Our own rent map weighted long-let stock over holiday stock.
Where do young professionals prefer to rent in Paphos right now?
The top Paphos neighborhoods for young professionals in 2026 are Universal, Kato Paphos, and Paphos centre, with Agios Theodoros, Anavargos, and Geroskipou also working well for practical renters.
Young professionals in these Paphos areas usually pay about €700 to €1,300 per month, or about $760 to $1,400, depending on whether they rent a studio, 1-bedroom, or shared 2-bedroom.
Young professionals like these Paphos neighborhoods because they offer restaurants, gyms, services, bus access, easy commutes, good internet, and a more year-round lifestyle than quiet suburbs.
By the way, you will find a detailed tenant analysis in our property pack covering the real estate market in Paphos.
Where do families prefer to rent in Paphos right now?
The top family-friendly rental areas in Paphos in 2026 are Geroskipou, Konia, and Anavargos, while Tala, Emba, Mesogi, and Chloraka also attract many family tenants.
Families in these Paphos neighborhoods usually pay about €1,100 to €1,900 per month, or about $1,190 to $2,050, for 2-bedroom and 3-bedroom apartments or maisonettes.
These Paphos areas suit families because they usually offer quieter streets, larger layouts, easier parking, local shops, access to schools, and better value than Kato Paphos.
Families in Paphos often look near local public schools, private education options, Neapolis University Pafos for older students, and the growing education cluster around central Paphos.
Which areas near transit or universities rent faster in Paphos in 2026?
As of 2026, the fastest-renting Paphos areas near transit or universities are Kato Paphos, Universal, and central Paphos, especially near the harbour bus station, Kings Avenue Mall, Neapolis University, and AUB Mediterraneo.
Good rentals in these high-demand Paphos areas usually stay listed for about 15 to 25 days, while overpriced or poorly presented units can take much longer.
A walking-distance location near transit or universities in Paphos can add about €75 to €200 per month, or about $80 to $215, compared with similar apartments farther away.
Which neighborhoods are most popular with expats in Paphos right now?
The top Paphos neighborhoods for expats in 2026 are Kato Paphos, Universal, and Chloraka, while Tala, Peyia, Emba, Konia, and Tombs of the Kings are also popular.
Expats in these Paphos neighborhoods usually pay about €800 to €1,700 per month, or about $860 to $1,840, depending on whether they want sea access, views, or a modern furnished apartment.
Expats like these Paphos areas because they combine English-friendly services, sea access, restaurants, quiet residential pockets, parking, outdoor space, and a strong year-round foreign community.
British and other European renters are especially visible in Paphos, with retirees often leaning toward Tala, Peyia, and Chloraka, while younger expats prefer Universal and Kato Paphos.
And if you are also an expat, you may want to read our Sources and methodology: we compared Bazaraki, Zyprus, and Cyprus Census 2021. We separated retiree expat demand from younger remote-worker demand. Our own observations weighted lifestyle features common in Paphos.
Get to know the market before buying a property in Paphos
Better information leads to better decisions. Get all the data you need before investing a large amount of money.
Who rents, and what do tenants want in Paphos right now?
What tenant profiles dominate rentals in Paphos?
The top tenant groups in Paphos in 2026 are expats and retirees, local families, and students or university staff, with hospitality workers and remote workers also important.
As a rough split, expats and retirees represent about 35% of Paphos rental demand, local families about 30%, and students, university staff, seasonal workers, and remote workers about 35% together.
In Paphos, expats often look for furnished 1-bedroom and 2-bedroom apartments, families look for larger 2-bedroom and 3-bedroom homes, and students usually look for affordable furnished studios or 1-bedroom units.
If you want to optimize your cashflow, you can read our Sources and methodology: we used Cyprus Census 2021, Cyprus tourism data, and Neapolis University Pafos. We also considered AUB Mediterraneo. Our shares are estimates, not official tenant counts.
Do tenants prefer furnished or unfurnished in Paphos?
In Paphos in 2026, about 70% of apartment tenants prefer furnished rentals, while about 30% are comfortable with unfurnished or semi-furnished homes.
A furnished apartment in Paphos can usually earn €75 to €200 more per month, or about $80 to $215, compared with a similar unfurnished apartment.
Furnished rentals in Paphos are especially popular with expats, students, university staff, seasonal workers, remote workers, and foreign retirees who do not want to buy furniture right away.
Which amenities increase rent the most in Paphos?
The five amenities that lift Paphos rents most in 2026 are parking, strong air conditioning, a balcony or veranda, a communal pool, and a sea view or easy sea access.
In Paphos, parking can add about €50 to €100 per month, air conditioning €50 to €120, a good balcony €50 to €150, a pool €100 to €250, and sea access €150 to €400, or roughly $55 to $430 across these premiums.
In our property pack covering the real estate market in Paphos, we cover what are the best investments a landlord can make.
What renovations get the best ROI for rentals in Paphos?
The five best rental renovations in Paphos in 2026 are air-conditioning upgrades, bathroom refreshes, kitchen improvements, repainting with better lighting, and balcony upgrades such as shading or mosquito screens.
In Paphos, these light renovations usually cost about €500 to €12,000 in total, or about $540 to $13,000, and can increase rent by roughly €50 to €250 per month if the apartment was tired before.
Renovations with weaker ROI in Paphos are expensive owner-style finishes, luxury materials in basic buildings, major structural work, and very personal design choices that tenants may not value.
Make a profitable investment in Paphos
Better information leads to better decisions. Save time and money. Download our data.
How strong is rental demand in Paphos as of 2026?
What's the vacancy rate for rentals in Paphos as of 2026?
As of 2026, a realistic vacancy rate for normal long-term apartment rentals in Paphos is about 3% to 4%.
Prime furnished units in Universal, Kato Paphos, and Tombs of the Kings may have vacancy closer to 1% to 2%, while older, overpriced, or poorly located units can sit closer to 5% to 7%.
Compared with a more normal historical vacancy level, Paphos rental vacancy in 2026 still looks tight, although the market is less frantic than in 2024 and 2025.
Finally please note that you will have all the indicators you need in our property pack covering the real estate market in Paphos.
How many days do rentals stay listed in Paphos as of 2026?
As of 2026, good long-term rentals in Paphos usually stay listed for about 15 to 35 days before finding a tenant.
The fastest Paphos rentals are furnished 1-bedroom apartments under €850 and 2-bedroom apartments under €1,400, while expensive sea-view or overpriced units can stay listed for more than 60 days.
Compared with one year earlier, Paphos rentals in 2026 are still moving quickly, but tenants are negotiating harder and ignoring listings that look too expensive.
Which months have peak tenant demand in Paphos?
The peak months for tenant demand in Paphos are usually May to September, with a second smaller demand wave from August to October around universities and family moves.
Paphos rental demand rises in these months because tourism, seasonal work, expat relocation, student arrivals, and summer lifestyle moves all overlap.
The lowest tenant demand in Paphos is usually in November, December, January, and February, although January and February can still bring some relocation demand from foreign renters.
Don't buy the wrong property, in the wrong area of Paphos
Buying real estate is a significant investment. Don't rely solely on your intuition. Gather the right information to make the best decision.
What will my monthly costs be in Paphos as of 2026?
What property taxes should landlords expect in Paphos as of 2026?
As of 2026, landlords in Paphos should expect local property-related charges of about €150 to €450 per year, or about $160 to $490, for a normal apartment.
For smaller or simpler apartments in Paphos, annual local charges may be near €150, or about $160, while larger units or buildings with more district services can be closer to €450, or about $490.
Cyprus has no national annual immovable property tax, so Paphos landlord charges mainly depend on municipal, refuse, sewerage, water-board, district-service rules, property size, and local valuation details.
Please note that, in our property pack covering the real estate market in Paphos, we cover what exemptions or deductions may be available to reduce property taxes for landlords.
What utilities do landlords often pay in Paphos right now?
In Paphos in 2026, landlords often pay building insurance, common expenses, local property charges, sewerage or refuse charges, and sometimes water if the account stays in the owner’s name.
A normal Paphos landlord budget is about €150 to €350 per month, or about $160 to $380, for ownership costs before mortgage, income tax, and major repairs.
In most Paphos rentals, tenants usually pay electricity, water consumption, internet, and daily utility use, while landlords cover owner-level costs unless the lease says otherwise.
How is rental income taxed in Paphos as of 2026?
As of 2026, rental income from Paphos property is taxed under Cyprus rules, with rent generally included in personal taxable income after allowed deductions.
Common deductions for Paphos landlords can include the standard Cyprus rental deductions, maintenance-related deductions where allowed, and other eligible expenses, depending on the owner’s tax position.
Common Paphos-specific mistakes include confusing local charges with income tax, ignoring Cyprus healthcare contributions where applicable, and treating short-term holiday-style income like a simple long-let without checking the rules.
We cover these mistakes, among others, in our Sources and methodology: we used Cyprus Tax Department Tax Reform 2026, PwC Cyprus Tax Facts 2026, and KPMG Cyprus Tax Reform analysis. We kept the explanation Cyprus-wide because Paphos has no separate rental-income tax. Our own notes flag investor mistakes we see often.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Cyprus 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.
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 Paphos, 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 used | Why this source is reliable | How we used this source |
|---|---|---|
| RICS Cyprus Property Index with KPMG, Q1 2026 | It is a professional valuation index for Cyprus property prices and rents. | We used it to anchor rent growth, yields, and market direction. We treated the rent index as the strongest national benchmark, then adjusted Paphos with local listings. |
| KPMG Cyprus Q1 2026 RICS release | KPMG publishes the RICS Cyprus index and gives useful market interpretation. | We used it to confirm that apartments remained strong in Cyprus. We also used it to check that Paphos was one of the firmer districts. |
| Central Bank of Cyprus Residential Property Price Indices | It is the central bank’s housing index based on bank valuation data. | We used it to check whether Paphos residential prices were still rising. We used price momentum as a rent-pressure signal, not as a rent number. |
| Cyprus Statistical Service Census 2021 | It is the official population and housing count by district and municipality. | We used it to understand the resident base in Paphos. We used long-term population growth as background for rental demand. |
| Cyprus Statistical Service Tourism April 2026 | It is the official tourism arrivals release for Cyprus. | We used it to temper the 2026 rent-growth outlook. We treated weaker early-2026 arrivals as a downside risk for tourist-facing parts of Paphos. |
| Bazaraki Paphos apartment rentals | It is one of the largest live property listing marketplaces in Cyprus. | We used it to sample current asking rents by bedroom count and area. We discounted luxury, holiday-style, and unusual listings before estimating typical long-let rents. |
| Offer.com.cy Paphos rentals | It aggregates current rental listings from agencies and owners. | We used it as a second check against Bazaraki. We used it mainly for Kato Paphos, Tombs of the Kings, Universal, and central Paphos examples. |
| Zyprus Paphos rentals | It is a Cyprus real estate portal with district-level rental listings. | We used it to cross-check the high and low ends of the market. We used it cautiously because the sample is smaller than Bazaraki. |
| Neapolis University Pafos | It is an official source for one of Paphos’s main higher-education institutions. | We used it to identify student and staff demand around Paphos. We used it to support demand near Kato Paphos and nearby central areas. |
| American University of Beirut Mediterraneo | It is the official site of AUB’s Paphos campus. | We used it to confirm the presence of another major university campus in Paphos. We used it to support demand around central Paphos and Kato Paphos. |
| Paphos District Local Government Organisation | It is the official local-government body for Paphos district services. | We used it for local owner-cost context. We used it to avoid relying only on generic Cyprus cost estimates. |
| Paphos Municipality payments page | It is a municipal source for Paphos local payment notices. | We used it to confirm that local property-related charges still matter in 2026. We used it for cost timing and local-charge context. |
| Cyprus Tax Department Tax Reform 2026 | It is the official Cyprus Tax Department reform page. | We used it to ground the 2026 income-tax framework. We combined it with professional tax guides because some official materials are technical. |
| PwC Cyprus Tax Facts & Figures 2026 | PwC’s Cyprus tax guide is a widely used professional summary of tax rules. | We used it to cross-check rental-income tax, deductions, and personal tax bands. We did not use it for market rent estimates. |
| KPMG Cyprus Tax Reform analysis | KPMG summarizes the 2026 Cyprus tax reform in a professional technical note. | We used it to verify the direction of Cyprus tax reform. We used it as a cross-check against the Tax Department and PwC. |
Get fresh and reliable information about the market in Paphos
Don't base significant investment decisions on outdated data. Get updated and accurate information.
Related blog posts