Rental Prices in the Czech Republic Continue to Rise. How Much Does It Cost to Rent an Apartment Today, and Where Are Rents Rising the Fastest?
Finding an apartment to rent at a reasonable price has become increasingly difficult in recent years. And according to the latest data, there are few signs that the situation will change significantly anytime soon.
While asking prices for properties often differ considerably from the prices at which they actually sell, the rental market works somewhat differently. The gap between asking and actual rents is much smaller, and rents are continuing to rise across the Czech Republic.
In August 2026, the average asking rent reached CZK 341 per square metre, representing a year-on-year increase of 4.3%.
Where are rents highest today, which regions are seeing the fastest increases, and what does this mean for property owners?
📈 Rents Are Rising Across All Monitored Locations
One of the most interesting findings is that rents increased year on year in all 18 monitored locations.
While property prices can fall in certain regions, the rental market is currently experiencing widespread growth. The only difference is the pace of the increase.
In August 2026, the average asking rent stood at around CZK 341 per square metre. The latest asking price before a rental agreement was signed was approximately CZK 317 per square metre, representing a year-on-year increase of 4.7%.
This may be positive news for owners of investment properties. For tenants, however, it means further pressure on their monthly housing expenses.
🔍 How Much Are Apartments Actually Renting For?
When selling a property, there can be a significant difference between the asking price and the final sale price. In the rental market, however, these figures tend to be much closer.
According to data from real estate agencies, the average achieved rent in August 2026 was approximately CZK 322 per square metre, compared with CZK 317 per square metre for the latest asking rent. The achieved rent figure is based on a three-month moving average.
This suggests that current listings for comparable apartments can provide a useful guide when setting a rental price.
However, every property is different. Location, layout, condition, furnishings and access to public transport all play an important role.
Setting the right rent is essential not only for finding a tenant quickly but also for ensuring the property's long-term profitability.
🏙️ Prague Remains the Most Expensive, but Other Regions Are Seeing Faster Growth
Prague has long recorded the highest rents in the Czech Republic. In August 2026, the average asking rent in the capital reached CZK 474 per square metre. The average monthly rent for an entire apartment was approximately CZK 26,922.
Brno followed at CZK 416 per square metre, while the areas surrounding Prague recorded CZK 371 per square metre.
At the other end of the scale is Ústí nad Labem, where rents averaged approximately CZK 236 per square metre, equivalent to around CZK 11,624 per apartment.
Interestingly, rents are not rising fastest in the most expensive cities.
The largest year-on-year increase was recorded in the group of towns with more than 45,000 inhabitants, where rents rose by 10.6%. Other significant increases were seen in Liberec, up 9.1%; Ústí nad Labem, up 7.9%; Karlovy Vary, up 7.3%; and Pardubice, up 7.1%.
One possible explanation is the gradual narrowing of the gap between rental prices in different regions. Areas where housing has traditionally been more affordable may have greater room for further growth.
🏡 What Does This Mean for Rental Property Owners?
Rising rents may give property owners an opportunity to reassess the current market value of their rental properties.
However, this does not mean that charging the highest possible rent is always the best strategy.
An excessively high price can extend the time it takes to find a tenant, and every month an apartment remains vacant represents lost income.
A reliable long-term tenant and a stable rental income can be more valuable than maximising the rent at the expense of frequent tenant turnover.
When setting a rental price, it is therefore important to look beyond nationwide statistics and focus on current market conditions in the specific location.
💡 How Can You Set the Right Rental Price?
The latest data confirms that rents in the Czech Republic continue to rise. This trend is not limited to Prague and Brno but also extends to smaller towns and regional markets.
The figures also suggest that asking rents provide a relatively good indication of actual market conditions.
Nevertheless, when renting out an individual apartment, its specific characteristics, nearby competition and current demand will always matter.
If you own an apartment in Prague or the surrounding area and would like to know how much rent you could realistically achieve, I can help you determine the right price and find a reliable tenant.
Get in touch, and together we will find the best solution for your property.
Jan Halík
Real Estate Agent
📞 +420 603 377 791
RE/MAX Atrium
Podolská 811/138
140 00 Praha 4 – Podolí
