Residential rents in Prague fell 1.5 percent to CZK 225 per sqm/month during 2019, according to a new study by the developer Trigema. However they rose 3.4 percent during the last quarter. Trigema’s director director Marcel Soural predicted a mild continuation of the increase during 2020, not just for the capital but for Brno as well. He said that the highest rents were to be found in Prague 1 (CZK 402 sqm/month) and in Prague 2 (CZK 380) while in Prague 10 or Prague 4 the figure fell to CZK 304 and CZK 307 per square meter. The long-term figures paint quite a different picture. In October, Deloitte reported that rents have risen drastically since 2014. For example, it found that it now costs 40 percent more to rent in the Prague 4 neighborhood of Chodov than it did just five years ago.
