Prague's property market in H1 2026
Prague continues its trend of steady residential price growth. The average apartment price in the capital reached CZK 148,000 per square metre at the start of 2026, representing a year-on-year increase of approximately 7%. The main drivers are the CNB's ongoing rate cuts, limited supply of new apartments and stable demand from both domestic and foreign buyers.
Price overview by district
Prague 1 remains traditionally the most expensive district — average prices are around CZK 215,000/m². High prices reflect the exclusive location, historic character and limited supply. Prague 2 and Prague 6 follow at CZK 170,000–185,000/m².
The strongest growth dynamics were seen in peripheral districts. Prague 9 rose by 10%, benefiting from the planned Metro D extension and new developments in the Letňany and Vysočany areas. Prague 5 grew by 9% thanks to the revitalisation of Smíchov and excellent transport links.
The most affordable areas remain Prague 14 and Prague 15, where average prices start at CZK 110,000/m². These locations are increasingly attractive for young families and first-time buyers seeking a balance between price and commuting distance.
Prague suburbs: Nehvizdy, Brandýs, Čelákovice
More and more buyers are looking at municipalities in Prague's immediate surroundings. In Nehvizdy, apartment prices are around CZK 75,000–85,000/m², in Brandýs nad Labem CZK 80,000–90,000/m², and in Čelákovice CZK 70,000–80,000/m². With commute times of 30–45 minutes to the city centre, these represent significantly more affordable alternatives.
Rentals: steady growth
The average monthly rent for a 2+kk apartment (one bedroom plus kitchenette) in Prague reached CZK 22,000. In the centre (Prague 1, 2), rents start from CZK 28,000 upwards, while in outer districts (Prague 9, 14) apartments can be found from CZK 16,000 per month.
Forecast for H2 2026
Analysts predict continued moderate price growth of 4–6% through to the end of the year. The key factor will be the CNB rate trajectory — further cuts could boost buyer interest and create new price pressure. Conversely, a global economic slowdown could temper growth.
What to focus on when buying
We recommend paying attention to the building's energy class (the new energy certificate has been mandatory since 2025), the state of the SVJ repair fund (owners' association) and planned development in the area — a new metro station or shopping centre can significantly affect future property values.
Need help buying property in Prague or the surrounding area? Contact the Klik Home team — we'll be happy to help you find the right investment.