Prague is a beautiful city in the heart of Europe that attracts millions of tourists every year. It is also a popular destination for expats who are looking to relocate to this vibrant city.
One of the most important things to consider when moving to Prague is the cost of living, especially when it comes to finding an apartment. In this article, we will take a closer look at how much it costs to rent an apartment in Prague.
Location Matters
The cost of renting an apartment in Prague can vary greatly depending on the location. The most expensive neighborhoods are usually located in the city center, such as Old Town (Staré Město), New Town (Nové Město), and Malá Strana. These areas are popular among tourists and expats due to their proximity to important landmarks and cultural attractions.
Old Town (Staré Město)
Old Town is one of the most sought-after neighborhoods in Prague due to its historical significance and stunning architecture. The average price for a one-bedroom apartment in Old Town is around 20,000 CZK ($900 USD) per month.
New Town (Nové Město)
New Town is another popular neighborhood that offers easy access to public transportation and plenty of restaurants, cafes, and shops. The average price for a one-bedroom apartment in New Town is around 16,000 CZK ($720 USD) per month.
Malá Strana
Malá Strana, also known as Lesser Town, is located on the left bank of the Vltava River and offers stunning views of Prague Castle. The average price for a one-bedroom apartment in Malá Strana is around 18,000 CZK ($810 USD) per month.
Outside the City Center
If you’re looking for more affordable options, you might want to consider living outside the city center. Neighborhoods such as Vinohrady, Žižkov, and Karlín are popular among expats and offer a great mix of affordability and convenience.
Vinohrady
Vinohrady is a residential neighborhood located just a few minutes away from the city center by public transportation. The average price for a one-bedroom apartment in Vinohrady is around 14,000 CZK ($630 USD) per month.
Žižkov
Žižkov is a trendy neighborhood that offers plenty of bars, cafes, and restaurants. The average price for a one-bedroom apartment in Žižkov is around 12,000 CZK ($540 USD) per month.
Karlín
Karlín is an up-and-coming neighborhood that has undergone major transformations in recent years. The average price for a one-bedroom apartment in Karlín is around 13,000 CZK ($585 USD) per month.
Additional Costs to Consider
When looking for an apartment in Prague, it’s important to keep in mind that there may be additional costs on top of the rent. For example, many landlords require a security deposit which can be equivalent to one or two months’ rent. Additionally, you may need to pay for utilities such as electricity, gas, and water separately.
- Security Deposit: One or two months’ rent
- Utilities: Electricity, gas, and water
In Conclusion
The cost of renting an apartment in Prague can vary greatly depending on the location and size of the apartment. Living in the city center can be more expensive but offers easy access to cultural attractions and public transportation.
Living outside the city center can be more affordable but may require a longer commute. When looking for an apartment in Prague, it’s important to keep in mind any additional costs such as security deposits and utilities.