Property Prices in Prague, Czech Republic

Index Info
Price to Income Ratio: 19.62
Mortgage as Percentage of Income: 155.93%
Loan Affordability Index: 0.64
Price to Rent Ratio - City Centre: 38.35
Price to Rent Ratio - Outside of Centre: 34.24
Gross Rental Yield (City Centre): 2.61%
Gross Rental Yield (Outside of Centre): 2.92%
Rent Per Month
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Apartment (1 bedroom) in City Centre 21,889.41 Kč 17,000.00-28,000.00
Apartment (1 bedroom) Outside of Centre 15,645.45 Kč 13,000.00-20,863.25
Apartment (3 bedrooms) in City Centre 38,471.37 Kč 30,000.00-55,000.00
Apartment (3 bedrooms) Outside of Centre 28,125.00 Kč 21,000.00-38,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 16,833.23 Kč 13,935.34-23,225.57
Price per Square Feet to Buy Apartment Outside of Centre 10,852.28 Kč 9,290.23-13,935.34
Salaries And Financing
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Average Monthly Net Salary (After Tax) 37,979.02 Kč
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.04 3.80-6.00

These data are based on 527 entries in the past 12 months from 107 different contributors.
Last update: August 2022

Sources and References
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3 Comments so far
Ambrus Faust on Jun 14, 2021:
What is a minimum salary required per month to live in Praha? And what are the rent prices like now in 2021 during circus-19 pandemic?
Prague on Jul 15, 2019:
Not real prices.
I have one bedroom apartment outside of center (really not the best location) for 18.000 CZK (without costs) and I had problems with finding one.
Olaf on Jan 28, 2019:
This prices correspond to beggining of 2018... if you can rent me 3 bedroom apartment for 40.000 ( you are mentioning 30...) I will be paying you the difference first 3 months. I have 2kk (1 living room w a kitchen and an extra bedroom) for 27.500 excluding all utilities, on an edge, what is still considered Prague. Unless you want to live in a squat house, be ready to pay 50.000+ for rent in city center or 30+ outside.