The rental market in Belgrade has recently undergone positive changes for those looking to rent an apartment. Rental prices have decreased in most parts of the capital, while some locations still maintain high prices.
The offer of rental properties is high, making it easier for tenants to find a suitable home. To get a clearer picture of current prices and available listings, City Expert's agents have answered the most frequently asked questions.
Have rental prices in Belgrade decreased, and by how much?
Rental prices have dropped in most Belgrade municipalities, between 10% and 30%. The most noticeable declines have been observed in Zvezdara, Karaburma, Dedinje, Zemun, and Čukarica.
Despite this trend, central locations such as Belgrade Waterfront, Vračar, central Palilula, and New Belgrade continue to maintain high rental prices similar to previous years. With more luxurious properties, some apartments are even more expensive than before.
Why have rental prices dropped at this time?
The primary reason for the decline in rental prices is the increased offer of available apartments for rent. In recent years, many properties have been purchased and furnished specifically for rental purposes. Although demand remains present, tenants are now more selective and seek more affordable options, influencing overall price adjustments.
What are the current rental price ranges in Belgrade, and which areas are the most affordable?
Rental prices in Belgrade start at approximately 300 euros, with no upper limit. The most affordable options are found in suburban areas such as the left bank of the Danube, Mirijevo, Altina, and Rakovica. In all municipalities further from the city center, a slight price decline has been observed, with some areas experiencing reductions of over 50%.
Which apartments are most in demand in Belgrade?
The highest demand is for apartments ranging from 40 to 65 square meters. These properties, typically featuring one bedroom, are suitable for individuals, couples, and small families.
When it comes to location, preferences vary based on tenants’ needs. New Belgrade remains the most sought-after area due to its proximity to business centers, while the city center is popular for its well-developed infrastructure and connectivity to all parts of Belgrade.
What are the forecasts for the future?
The market remains unpredictable and unstable, but no drastic price drops are expected. With rising wages and inflation, rental prices are unlikely to return to pre-2022 levels. In the coming period, a slight decrease may continue.
Which months are the best for apartment hunting?
Belgrade’s rental market is active throughout the year, without significant seasonal fluctuations. January typically sees the lowest number of rentals due to holidays and travel. On the other hand, late summer and early autumn bring increased demand, as many students search for housing, and affordable properties are rented quickly.
In modern-day Belgrade, seasonal changes have less impact on the rental market – people move when they need a new home, regardless of the time of year.
If you are interested in current rental prices and are planning to rent an apartment in Belgrade, Novi Sad, or Niš, explore our selection of attractive properties in all price ranges. City Expert is here to help you find the perfect home – easily, quickly, and stress-free!
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