How Much Does an Apartment in Prague Cost?

By Michael Ferguson

If you are planning to move to Prague, one of the first things you will need to consider is the cost of renting an apartment. The cost of living in Prague is on the rise, and so it’s essential to be well-informed about apartment rental prices before making a decision. In this article, we’ll take a closer look at how much an apartment in Prague costs.

Factors that Affect Apartment Rental Prices in Prague

Before we dive into the specifics of apartment rental prices, it’s crucial to understand what factors affect these prices. Some of the most significant factors include:

  • Location: Apartments located in central areas or in popular tourist spots tend to be more expensive than those located further away from the city center.
  • Size: The size of the apartment is another significant factor that affects rental prices.
  • Condition: The condition of the property can also impact rental prices. Newly renovated or fully furnished apartments may be more expensive than older or unfurnished ones.
  • Type: There are different types of apartments available for rent in Prague, including studio apartments, one-bedroom apartments, and multi-bedroom apartments. The type of apartment you choose will also impact its rental price.

Average Apartment Rental Prices in Prague

According to Numbeo.com, as of August 2021, the average monthly rent for a one-bedroom apartment in Prague city center is around CZK 19,000 (approx $880), while outside the city center, it drops down to CZK 14,000 (approx $650). For larger apartments with two or three bedrooms, you can expect to pay anywhere from CZK 25,000 (approx $1,160) up to CZK 50,000 (approx $2,320) per month.

Additional Costs to Consider

When looking for an apartment to rent in Prague, it’s important to factor in additional costs such as utilities, internet, and other services. On average, you can expect to pay around CZK 2,500 (approx $116) per month for these services.

Tips for Finding Affordable Apartments in Prague

Finding an affordable apartment in Prague can be challenging, but there are several tips that can help:

  • Consider living outside the city center where rental prices tend to be lower.
  • Look for apartments with multiple rooms and consider sharing with roommates.
  • Consider renting a studio apartment if you’re living alone as they are generally cheaper than one-bedroom apartments.
  • Look for apartments that are unfurnished or only partially furnished as they tend to be cheaper than fully furnished ones.

Conclusion

In conclusion, the cost of renting an apartment in Prague is influenced by several factors, including location, size, condition, and type. As of August 2021, the average monthly rent for a one-bedroom apartment in the city center is CZK 19,000 (approx $880), while outside the city center it drops down to CZK 14,000 (approx $650). To find affordable apartments in Prague consider living outside the city center or look for apartments with multiple rooms or unfurnished options.