Property Prices in Prague, Czech Republic

Index Info
Price to Income Ratio: 17.25
Mortgage as Percentage of Income: 140.32%
Loan Affordability Index: 0.71
Price to Rent Ratio - City Centre: 31.57
Price to Rent Ratio - Outside of Centre: 30.29
Gross Rental Yield (City Centre): 3.17%
Gross Rental Yield (Outside of Centre): 3.30%
Rent Per Month
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Apartment (1 bedroom) in City Centre 25,618.42 Kč 20,000.00-30,000.00
Apartment (1 bedroom) Outside of Centre 19,342.11 Kč 16,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 48,214.29 Kč 35,000.00-70,000.00
Apartment (3 bedrooms) Outside of Centre 33,682.93 Kč 27,000.00-45,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 16,727.64 Kč 13,935.34-23,225.57
Price per Square Feet to Buy Apartment Outside of Centre 11,702.12 Kč 9,290.23-14,864.36
Salaries And Financing
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Average Monthly Net Salary (After Tax) 44,360.53 Kč
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.32 4.49-6.02

These data are based on 475 entries in the past 18 months from 88 different contributors.
Last update: January 2025

Sources and References
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1 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?