Rental prices have fallen in most major Russian cities

The cost of long-term rental housing decreased in 16 of the 20 largest cities in Russia in the first quarter of 2026. This is evidenced by data from Sberbank's Domclick analytical center, which examined rates for one-room apartments and studios of economy and comfort class ranging from 20 to 40 square meters. m.

Rent fell the most in Volgograd — by 20%, from 25 to 20 thousand rubles. Nizhny Novgorod (minus 16.7%) and Chelyabinsk (minus 16%) also entered the top three in terms of decline. The trend also affected the largest megacities: in St. Petersburg, the median rental price decreased by 10.6%, and in Moscow — by 5.9%, to 59 thousand rubles. At the same time, the capital remains the city with the most expensive rent, followed by St. Petersburg (39 thousand rubles) and Vladivostok (38 thousand rubles). The lowest rates remain in Volgograd and Voronezh (20 thousand rubles each), as well as in Omsk and Chelyabinsk (21 thousand rubles each).

In Krasnoyarsk and Novosibirsk, rent fell by 14.8% and 14.3%, respectively. A drop in rates of more than 10% was also recorded in Yekaterinburg, Krasnodar and Vladivostok. Prices increased only in two cities — Rostov-on-Don (by 25%, due to seasonal fluctuations) and Ufa (by 2.2%). In Voronezh and Kazan, the rates remained at the same level.

"The increased demand for rent, typical for 2024 and the first half of 2025, has decreased, and there is now a fairly steady trend towards lower rental rates," said Alexey Leypi, director of Sberbank's Domclick department. He stressed that the growing competition in the long-term rental market is forcing owners to reduce their rates. According to him, according to the results of the fourth quarter of 2025, the median rental price in Russia decreased by 3.7%, and in the first quarter of 2026 — by 8%.

In general, the dynamics of growth in the number of rental apartments in Russia remains, analysts noted. Recently, the supply of apartments in new buildings built after 2020 has been increasing, as a result of which competition in the long-term rental market is growing.

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