09.11.2023, 14:11
Rental housing in Russia has risen in price on a record
Source: OREANDA-NEWS
OREANDA-NEWS In October 2023, rental housing in major Russian cities rose in price at a record pace — by six percent in a month. Such data are provided by analysts of the portal "World of Apartments" in their research.
At the same time, for the entire third quarter, rental rates increased by an average of only three percent, experts say. The increase in prices for removable "one—bedroom" was noticed in 62 of the 70 cities studied, for "two—bedroom" - in 58, and for "three-bedroom" - in 54.
Most of all in a month, rental housing has risen in price in Kirov: there, one—room apartments have become more expensive by 15.8 percent, two—room apartments - by 24.6 percent, and three-room apartments - by 25.7. A noticeable increase in prices was also observed in Yakutsk (plus 26.2 percent, plus 9.8 percent and plus 16.8 percent), Novosibirsk (plus 26.7 percent, plus 19.7 percent and plus 5.7 percent), Kurgan (plus 8.6 percent, plus 12.9 percent and plus 25 percent), Voronezh (plus 19.7 percent, plus 8.7 percent and plus 10.4 percent), Ulan-Ude (plus 11.8 percent, plus 11.9 percent and plus 15 percent), Cherepovets (plus 6.6 percent, plus 20.8 percent and plus 11 percent), Murmansk (plus 8.7 percent, plus 15.8 percent and plus 9.4 percent), Volzhsky (plus 2.6 percent, plus 15.6 percent and plus 15.2 percent) and Moscow (plus 12.9 percent, plus 12.3 percent and plus 7.7 percent).
In some cities, rented housing, on the contrary, has fallen in price. Sochi became the leader among them: there the rent of "one-bedroom" became cheaper by 13.1 percent, "two-bedroom" — by 7.6 percent, "three-bedroom" — by 3.4 percent. In other cities out of the top ten, there was a slight decrease in prices for this indicator. Thus, the cost of rent decreased in Magnitogorsk, Makhachkala, Rostov-on-Don, Bryansk, Sevastopol, Tver, Orel, Omsk and Saratov.
On average, in all major cities, "one—shoes" rose in price by 7 percent in October (to an average of 20.04 thousand rubles per month), "two-shoes" - by 5.9 percent (to 26.19 thousand rubles per month), "three-shoes" — by 4.5 percent (to 33.09 thousand rubles per month).
At the same time, for the entire third quarter, rental rates increased by an average of only three percent, experts say. The increase in prices for removable "one—bedroom" was noticed in 62 of the 70 cities studied, for "two—bedroom" - in 58, and for "three-bedroom" - in 54.
Most of all in a month, rental housing has risen in price in Kirov: there, one—room apartments have become more expensive by 15.8 percent, two—room apartments - by 24.6 percent, and three-room apartments - by 25.7. A noticeable increase in prices was also observed in Yakutsk (plus 26.2 percent, plus 9.8 percent and plus 16.8 percent), Novosibirsk (plus 26.7 percent, plus 19.7 percent and plus 5.7 percent), Kurgan (plus 8.6 percent, plus 12.9 percent and plus 25 percent), Voronezh (plus 19.7 percent, plus 8.7 percent and plus 10.4 percent), Ulan-Ude (plus 11.8 percent, plus 11.9 percent and plus 15 percent), Cherepovets (plus 6.6 percent, plus 20.8 percent and plus 11 percent), Murmansk (plus 8.7 percent, plus 15.8 percent and plus 9.4 percent), Volzhsky (plus 2.6 percent, plus 15.6 percent and plus 15.2 percent) and Moscow (plus 12.9 percent, plus 12.3 percent and plus 7.7 percent).
In some cities, rented housing, on the contrary, has fallen in price. Sochi became the leader among them: there the rent of "one-bedroom" became cheaper by 13.1 percent, "two-bedroom" — by 7.6 percent, "three-bedroom" — by 3.4 percent. In other cities out of the top ten, there was a slight decrease in prices for this indicator. Thus, the cost of rent decreased in Magnitogorsk, Makhachkala, Rostov-on-Don, Bryansk, Sevastopol, Tver, Orel, Omsk and Saratov.
On average, in all major cities, "one—shoes" rose in price by 7 percent in October (to an average of 20.04 thousand rubles per month), "two-shoes" - by 5.9 percent (to 26.19 thousand rubles per month), "three-shoes" — by 4.5 percent (to 33.09 thousand rubles per month).
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