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Krakow, Poland

Q: How much is rent in Krakow?

A 1-bedroom apartment in Krakow rents for PLN 3,500/month in 2024.

Q: Is it better to buy or rent in Krakow?

Renting is generally more cost-effective in Krakow. Price-to-rent ratio: 24.0x.

Property prices · 2024 · Europe

Price/sqm — City Centre PLN 20,000

Price/sqm — Outside Centre PLN 13,000

1-Bed Rent / Month PLN 3,500

3-Bed Rent / Month PLN 5,500

Avg Mortgage Rate 7.50%

Price-to-Rent Ratio 24.0x Renting is generally more cost-effective

Property price trend in Krakow (2024–2026)

Property comparison — cities in Poland (2024)

City	Centre /sqm	Outside /sqm	1-Bed Rent	vs Krakow
Krakow	PLN 20,000	PLN 13,000	PLN 3,500	—
Wroclaw	PLN 17,500	PLN 11,500	PLN 3,200	-12.5%
Gdansk	PLN 16,500	PLN 10,800	PLN 3,000	-17.5%
Warsaw	PLN 14,500	PLN 9,200	PLN 3,200	-27.5%
Poznan	PLN 14,500	PLN 9,500	PLN 2,700	-27.5%

Other Europe cities (2024)

London United Kingdom

Amsterdam Netherlands

Frequently asked questions

How much does property cost in Krakow in 2024?

In Krakow, the average price per sqm in the city centre is PLN 20,000, and PLN 13,000 outside the centre (2024 data). Prices have risen 10% since 2024.

How much is rent in Krakow in 2024?

A 1-bedroom apartment in Krakow rents for approximately PLN 3,500 per month in 2024. A 3-bedroom apartment costs around PLN 5,500/month.

Is it better to buy or rent in Krakow?

Renting is generally more cost-effective in Krakow. The price-to-rent ratio is 24.0x — it would take approximately 24.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 7.50%.

What are mortgage rates in Poland in 2024?

The average mortgage rate in Poland is approximately 7.50% as of 2024. With a price-to-rent ratio of 24.0x, buyers should carefully weigh mortgage costs against rental savings.

What is the price per sqm in Krakow?

The average property price per square metre in Krakow city centre is PLN 20,000 in 2024. Outside the centre, expect to pay around PLN 13,000/sqm.