Studio price: the cost of renting a home decreased in 13 cities over the year

In 13 Russian cities, the cost of renting studios and studio apartments decreased by 6% over the year, analysts and market participants told Izvestia. In particular, prices fell in Voronezh, Rostov-on-Don, St. Petersburg, Chelyabinsk, Omsk, Yekaterinburg and Novosibirsk. In the segment of two-room apartments, a decrease was recorded in only five megacities. This is due to a significant increase in supply on the market. In 2026, the rental price will continue to decrease, experts believe. The information about which factors will influence the market is in the Izvestia article.

Where have rental prices dropped

The average cost of renting one-room apartments and studios in Russia has shown a decrease for the first time in the last five years, market participants told Izvestia.

By the end of 2025, prices for renting "one—bedroom apartments" decreased by 1% to 31.9 thousand rubles, "two—bedroom apartments" became 3% cheaper to 44.6 thousand rubles, said Alexey Popov, chief analyst at Cyan.

— During the high season, from May to September, there was a price increase, but its scale was half that of previous years, — he stressed.

According to Yandex Rental, the average cost of long-term rental housing in cities with a population of one million decreased in all segments by 0.5–5.4% per year.

— The most noticeable decrease was demonstrated by the studio format, — said Roman Zhukov, head of the service. — The rate for the year here decreased by 5.4% and by the end of December 2025 amounted to 29 thousand rubles. Then there is the segment of three—bedroom apartments - a decrease of 4.5% was recorded here and by the end of December the rate was 55 thousand rubles. For example, in St. Petersburg and Novosibirsk.

The average rental rates for the year did not increase for the first time, but showed a decrease of 1.7%, confirmed Olga Pavlinova, director of the rental department of the federal company Etagi.

"In some megacities, the correction has completely exceeded 6%," she said.

According to analysts, over the past year, the average cost of renting one-room apartments and studios decreased in Voronezh, Rostov-on-Don and St. Petersburg, Chelyabinsk, Omsk, Yekaterinburg, Novosibirsk, Kazan, Volgograd, Samara, Krasnodar, Nizhny Novgorod and Perm — up to 6.7%.

In the segment of two-room apartments, the situation turned out to be more stable. In Voronezh, Yekaterinburg, Rostov-on-Don, Moscow and Nizhny Novgorod, prices fell to 8.9%.

By the end of 2025, rent of one-room apartments, including studios, has fallen in price in Chelyabinsk, Krasnodar and Rostov-on-Don, and in two other major cities — Kazan and Perm — its cost has hardly changed, analysts at <url> told Izvestia.

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The Russian rental housing market changed its trajectory in 2025 and moved from abnormal growth to lower prices, Dmitry Vladimirov, managing partner of the IDI-Project project company, confirmed.

— In 2024, the cost of renting the most popular formats — "one—bedroom" and "two—bedroom" - broke records, prices soared by at least 30%, - said the expert. — In 2025, the price growth for long-term rentals has slowed significantly. The key driver of this correction was the expansion of supply: in large cities, the number of available facilities increased by 25-35% over the year.

Who reduces prices

The average price increase in the market was natural and was explained by the rental of new housing, the peak of which also occurred in the last five years, said the head of the analytical center "Movement.<url>" by Yan Gravshin. At the same time, the rental price is reduced in those cities where a large volume of supply has accumulated, for example, in Krasnodar, Kazan and Rostov-on-Don.

— There are a lot of rental offers, many apartments have entered the market, and their number continues to increase. As a result, there was high competition among landlords," the expert said.

The average rental rates for two-room apartments in the current conditions have proved to be more stable, Olga Pavlinova believes. Demand in this segment of housing is generated by those who have sold their property, purchased a house under construction on a family mortgage and are forced to rent.

"The supply of rental apartments continues to grow, and owners are forced to make a discount in order to rent their apartment faster," she said. — There are a lot of people on the market now who started looking for temporary housing to replace what they rented one or two years ago at the peak of the rate increase, they are not in a hurry and prefer to actively bargain.

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In addition, the increase in supply was also influenced by an increase in the time for the sale of apartments on the secondary market due to high market rates - some owners began to rent out their properties for the period of searching for buyers, said Alexander Bautin, deputy director of the sales department of Russian Auction House JSC.

"This has become one of the factors driving supply growth in the segment and, as a result, lower rental prices," he said. — It should also be noted that some individuals have switched from active sale to lease due to the legal precedent with Larisa Dolina against the background of real estate transactions.

What will the rental market look like in 2026

The rental housing market has entered a stage of price stagnation, believes Yan Gravshin. According to him, there are no prerequisites for a significant increase in the cost of renting an apartment now.

"Rent is stagnating primarily for the landlord, but not for the tenant," he reminded. — Because in most cases, the tenant additionally pays for utilities and pays for the maintenance of housing. Utilities are getting more expensive regularly. This is also understood by the landlord, who sets the price for his apartment.

A decrease in effective demand in conditions of high housing costs and subdued income growth rates forces tenants to make concessions and lower the price, Alexander Bautin added.

"The most likely scenario for 2026 is an increase in prices for long—term rentals in the range of 1.5–5% per annum, with a more noticeable increase in cities with high rental demand," the expert believes.

According to Alexey Popov, in the coming months, rent will continue to fall in price by 1-1.2% per month. Steady price growth will resume in June-July 2026.

"By the end of the year, it may turn out to be even lower than in 2025, due to the expected increase in activity in new buildings and in the secondary market against the background of improving mortgage conditions," he said.

In 2026, the median rates in the long-term rental market will be subject to traditional seasonal fluctuations, Roman Zhukov believes. In the first quarter, we can expect stagnation or even a slight decrease in cost and a restrained increase in supply.

"With the beginning of spring, the market will gradually become more active, and demand will grow," the expert believes. — At the same time, in million-plus cities, rates will begin to adjust upwards due to the growing interest of tenants in affordable and profitable housing. From the second half of July to the beginning of October, the market will enter the high season stage. At this time, we expect peak demand and an increase in the median rate. This is due to the delivery of a large number of the most budget apartments, that is, the washing out of inexpensive lots from the exposition.

After the end of the active business season, the market will stabilize and go into winter stagnation, during which average rates will begin to decrease and supply will gradually replenish, especially in the mass segment, he added. The increase in cost may affect the segment of high-budget rental housing. This type of property is least susceptible to seasonal trends in the market and rarely loses value, experts noted.