Prague rents hit a plateau, but smaller flats are still getting pricier

Rental prices are stabilizing in Prague and Brno, offering some relief to tenants after years of rising housing costs. But the slowdown is uneven: smaller Prague apartments continue to become more expensive, while rents are rising faster in some cheaper cities.

A 55-square-meter Prague apartment with a separate bedroom and kitchenette, known locally as a 2+kk, cost approximately CZK 25,850 a month in the third quarter, according to an analysis by UlovDomov.cz.

The equivalent figure was CZK 21,450 in Brno and CZK 14,685 in Ostrava. The analysis also found that renting remained substantially cheaper than meeting modeled mortgage payments in Prague and Brno.

The platform’s figures illustrate the continuing gap between the capital and regional cities.

Source: UlovDomov.cz, third quarter of 2026. Figures represent monthly rent for the stated apartment sizes.

In Czech listings, the number counts living rooms and bedrooms together. The abbreviation kk denotes a kitchenette incorporated into a room; “+1” indicates a separate kitchen.

Prague’s strongest annual increase was among 1+1 apartments, where rent rose 7 percent to CZK 489 per square meter. Prices for 2+kk apartments increased 3 percent, while 2+1 rents rose 4 percent.

Larger, three-room Prague apartments were broadly unchanged or slightly cheaper than a year earlier.

“Rents remain highest in Prague, but annual growth is only moderate in most categories,” UlovDomov CEO Michal Hrbatý said.

Brno showed a similar stabilization. Its largest increase was 3 percent for 2+kk apartments, while 1+1 rents fell 4 percent. Rents for 3+kk apartments declined 2 percent, although three-room properties with separate kitchens became 2 percent more expensive.

Ostrava remained considerably cheaper but recorded stronger growth across several layouts. Rents for 2+1 apartments rose 8 percent, while 1+1 and 3+1 apartments increased 6 percent.

In Plzeň, 3+1 rents climbed 9 percent. Olomouc’s increases were concentrated in 2+kk and 3+kk apartments.

The analysis also compared rents with mortgage payments. For 2+kk and 3+kk properties in Prague and Brno, modeled monthly mortgage payments were approximately twice the rent.

Ostrava showed the narrowest gap, with studio mortgage payments roughly matching rent. Those comparisons concern monthly payments rather than the full costs and financial implications of buying.

For Prague renters, the figures suggest a pause in rapid increases rather than a broad fall in prices. Particularly for those seeking smaller homes.