Rental prices for a "one-piece" property in Krasnodar have decreased.
In the city of Krasnodar, Russia, the rental market for apartments has seen a notable shift over the past few years. According to recent data, the average cost of one-bedroom apartments has decreased by 15%, dropping from 14,500 rubles at the end of last year to 12,500 rubles currently.
This decrease in rental prices is not limited to one-bedroom apartments alone. Three-bedroom apartments have experienced a more substantial drop, with prices decreasing by nearly 17%, from 30,000 to 25,000 rubles. Two-bedroom apartments have also seen a decrease of approximately 15%, falling from 25,000 to 21,000 rubles.
The affordability of rooms, or studio apartments, has decreased the least among the mentioned apartment types, with a drop of 14% from 7,000 to 6,000 rubles. However, it's important to note that the affordability of one-bedroom apartments has increased by 15%, and the affordability of "three-rooms" apartments has increased by 18%.
The slow decrease in the price of rooms may indicate that some tenants are forced to give up apartments in favor of more affordable options, according to the press service of the N1.ru portal.
This trend in rental prices for apartments in Krasnodar began in August 2015 and continues to this day. Despite an increase in supply, one-bedroom apartments remain the most popular for rent and do not decrease in price as much in Krasnodar.
It's worth noting that these changes pertain to the affordability of apartments, not houses or commercial properties. Additionally, the changes in affordability are specific to Krasnodar, Russia, and there is no specific data available about the average rental price for apartments with more than three rooms in Krasnodar in 2021.
The decrease in rental prices of residential real estate in Krasnodar is a significant development in the city's housing market, offering more affordable options for tenants. However, it's essential to keep in mind that these trends are specific to apartments and not houses or commercial properties.
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