In St. Petersburg, the number of offers on the rental market has sharply decreased

In April–June 2025, the number of rental housing offers in St. Petersburg decreased significantly. This was reported on August 19 in the report of the Dom company.Russian Federation", published in July 2025, which is cited by the Business Petersburg edition.

Thus, the number of rental offers in St. Petersburg decreased by 31%, amounting to 4.8 thousand ads, while in Moscow the number of ads decreased by only 4%, to 22.2 thousand. In other millionaires, the reduction was 2%, to 25.3 thousand. A decrease in the number of apartments available for rent in St. Petersburg has been observed for the first time in three quarters, despite an increase in tenant activity.

"Firstly, although the figures vary, seasonal demand in St. Petersburg is traditionally higher than in Moscow. Secondly, although the seasonal drop in the number of rental offers is higher than in Moscow, the total number of such ads is still higher compared to last year. Thirdly, this year prices in St. Petersburg have increased significantly compared to Moscow than in the previous two years," the publication says.

With increased demand for housing and reduced supply, rent in St. Petersburg continues to rise in price. The average rental price of an apartment in the Northern Capital increased by 16%, amounting to 55 thousand rubles per month. In Moscow, prices increased by 2% and reached 93 thousand rubles, in other large cities the increase was 3%, to 38 thousand rubles.

Apartment spread: the price gap between primary and secondary reached 80%

How can this turn out for Russians and why new housing is rapidly becoming more expensive

According to the latest data from the Yandex.Rent service, in July 2025, the median rental rate in St. Petersburg was 51 thousand rubles, which is 8.5% higher than in June. At the same time, the volume of rental offers decreased by 4.6%. This confirms the trend of growing interest in long-term rentals before the start of the active season in August and September.

The expert "Cyanogen.Analysts" Elena Bobrovskaya notes that the activity in the rental housing market in St. Petersburg began a month earlier than usual. One of the reasons for this is the decrease in the comfort of conditions in the housing purchase market in 2025, which prompted some buyers to focus on renting.

Despite the reduction in supply, there is no shortage on the market, as at the beginning of 2025, a large number of apartments previously put up for sale entered the rental sector. Also, despite the increase in prices, the rate of increase in rates slowed down compared to last year, due to the slowdown in economic growth and higher supply compared to the previous period.

Andrey Serdyuk, a real estate market expert and author of the Telegram channel Realtor Academy, named the main payback factors for real estate in Moscow in an interview with Izvestia on March 29. According to him, the top 3 properties with the highest profitability and quick payback include studios and one-bedroom apartments in new buildings (up to 35 square meters), apartments in hotel complexes and apartments for daily rent (near the metro, near the TTK).

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