Renting an apartment in Belgrade hasn’t been this affordable since 2022 – What can you rent for under €500?

If you have been paying high rent for an apartment in Belgrade or have been patiently waiting for the right time to move to a better place - now is the time to explore the market!

Keep reading to find out what led to this price drop and which apartments you can rent today for 300-500 euros per month.

What kind of apartment can you rent for under €500?

City Expert currently lists over 300 apartments in Belgrade with monthly rents up to €500. Among them, you’ll find:

•  Studios and one-bedroom – Perfect for students, singles, or couples. Furnished, move-in ready, and often located near universities or in central areas.

  
  

• Two- and three-bedroom – More spacious family units are increasingly falling within this price range. While they may not be located in the very center, we offer a wide selection in popular municipalities.
  
  

Take advantage of the current lower prices

This is the perfect time to find an apartment that suits you and rent it long-term.

Why have rental prices in Belgrade dropped?

The main reason behind the price drop is increased supply. In recent years, many apartments were purchased and furnished specifically for renting. Today, this offer exceeds the current demand.

As we explained, the current market favors renters. Thanks to high supply and lower prices, you now have the opportunity to rent an apartment that just a year and a half ago might have cost twice as much. This gives renters a much stronger negotiation position.

Where can you find affordable family apartments?

If you’re looking for more space on a limited budget, explore neighborhoods outside the very city center. Here are some areas offering great value for money:

Čukarica

This area offers a nice selection of family apartments with multiple bedrooms. Banovo Brdo is particularly popular for its balance of peaceful living and proximity to downtown.

Zvezdara

Zvezdara offers a wide range of rental properties – from older, renovated apartments to new builds. Areas around Bulevar Kralja Aleksandra and Mirijevo are especially appealing.

Rakovica

Here you can find spacious apartments in the €300–€500 price range. It’s a desirable location thanks to its greenery, quieter surroundings, and easy parking.

Voždovac

Voždovac is becoming increasingly popular, featuring many new residential buildings. Family-friendly apartments are especially prevalent in this area.

Renter tip: Lock in a good price for the long run

If you find an apartment that suits you, we recommend immediately discussing a long-term contract with the owner. A one- or two-year agreement can secure a fixed rental price, meaning your rent won’t increase during that time.

The rental market in Belgrade is shifting – in your favor. If you're considering moving, now is a great time to find a comfortable, well-equipped apartment in a desirable location, all within a manageable budget.

And if you still haven’t found the right one on City Expert, be sure to save your search criteria on the website (via the “Save Search” option), and we’ll notify you by email and SMS as soon as a matching property is listed!