In Prague, the average price per sqm in the city centre is CZK 128,400, and CZK 87,740 outside the centre (2026 data). Prices have risen 7% since 2024.

How much is rent in Prague in 2026?

A 1-bedroom apartment in Prague rents for approximately CZK 26,750 per month in 2026. A 3-bedroom apartment costs around CZK 44,940/month.

Is it better to buy or rent in Prague?

Buying and renting are roughly comparable in Prague. The price-to-rent ratio is 19.0x — it would take approximately 19.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 5.80%.

What are mortgage rates in Czech Republic in 2026?

The average mortgage rate in Czech Republic is approximately 5.80% as of 2026. With a price-to-rent ratio of 19.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Prague changed?

Property prices in Prague have changed +2.9% vs 2025. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.

What is the price per sqm in Prague?

The average property price per square metre in Prague city centre is CZK 128,400 in 2026. Outside the centre, expect to pay around CZK 87,740/sqm.