In Prague, more people are seeking professionally managed apartments offering flexibility and a certain standard of service. According to the Savills Rental Housing in Prague report, the popularity of rental housing is growing, with the institutional sector attracting both investors and tenants.
Built-to-rent sector currently offers 4,598 modern rental apartments available in 81 projects across the city as of June 2025. The highest concentration is currently in Prague 9 and Prague 5.
Most of these residential buildings are fully occupied, with prospective tenants sometimes having to join waiting lists. The largest players on the Prague market include AFI Europe, the Arcibiskupství pražské (Archdiocese of Prague), and Zeitgeist Asset Management.
Out of a total of 81 residences, 70% have fewer than 50 units. Only 14 projects offer 100 or more units. The most common layouts are studios and one-bedroom apartments (1+kk and 2+kk), which together account for nearly 80% of the market. Larger layouts remain limited, with two-bedroom units (3+kk) making up 18% and three-bedroom units (4+kk) just 4%.
“After a record year in 2023, when 894 units were completed in Prague, the pace has slowed, with 782 units added in 2024. In the first half of 2025, another 448 units were delivered, but we expect further slowdown in the second half of the year. Nevertheless, the sector is still growing significantly faster than it did before 2021,” adds Lenka Pechová, Senior Research Analyst at Savills.
While the average monthly rent excluding service charges has remained stable for smaller units (CZK 19,900 (€810) for 1+kk and CZK 27,400 (€1115) for 2+kk), rents for larger units have increased by up to 15% year-on-year.
Marek Pohl, Head of Valuation at Savills, explains: “From a long-term investment perspective, rental housing represents an attractive and stable asset. It offers flexible exit strategies, including the option of gradually selling off units individually. Projects located in central urban areas are particularly appealing to young tenants who would otherwise be unable to afford homeownership in these locations.”
