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Rent Rates In Poland
As of early 2025, the rental market in Poland has experienced notable changes, influenced by various economic factors and housing policies. Here's an overview of the current rental costs across the country:
Average Rental Prices:
- Nationwide: The average monthly rent across Poland is approximately 3,700 PLN, reflecting a 2% increase from the previous year. However, when adjusted for inflation (which stood at 4.3% in November 2024), real rental prices in most cities have seen a year-on-year decrease. Notable exceptions include cities like Zielona Góra (+17%), Olsztyn (+11%), and Bydgoszcz (+8%).
- City-Specific Rates: Rental prices vary significantly, city and apartment size:
- Warsaw: A one bedroom apartment averages around €842 (approximately 3,900 PLN) per month.
- Kraków and Poznań: These cities have experienced the highest five-year growth in rental rates, with increases of 50% and 48% respectively since 2019.
Factors Influencing Rental Prices
- Supply and Demand: In smaller cities, there has been a significant decline in rental listings by the end of 2024. For instance, Olsztyn saw 60% drop, while Ziona Góra experienced a 45% decrease. In contrast, Warsaw had a more moderate decline of 11% year-on-year.
- Economic Conditions: Elevate financing costs, nation, and migration Polish cities have contributed to the rapid increase in rental prices over the past five years.
Affordability Challenge:
Affordability remains a concern for many tenants, as lower-priced rentals are becoming scarcer. By the end of 2024, interest in lower-priced properties (under 3,000 PLN per month) upped to 44%, while demand for premium rentals (above 6,000 PLN) rose to 15%.
Looking Ahead:
The rental housing market in Poland is expected to stabilize in 2025, with potential increases in rental supply due to government housing programs and private sector investments. However, affordability will continue to be a key issue, especially in major cities.
For those considering renting in Poland, it's advisable to monitor local market trends and explore various housing options to find accommodations that best fit your budget and needs.