Prague: the sharpest decline in large flats
In Prague, rental prices fell across all categories. The most significant drop was seen in large 4+kk flats, where the price fell from CZK 33,609 to CZK 30,240, or approximately 10%. The decline was more moderate for smaller layouts. For example, rent for 3+kk flats fell by CZK 998, representing a decrease of −3.6%. Despite the decline, Prague retains the highest price per square metre in the country, specifically for the smallest flats, where the average price is CZK 485/m².
Brno: steady growth
While Prague is becoming more affordable, rents in Brno continue to grow steadily. In November, prices increased by around 3.5%. Large 4+kk flats and larger saw the biggest rise, with average rent increasing from CZK 26,217 to CZK 27,430, up 4.6%. Brno therefore confirms its long-term high demand for rental housing and steadily rising market prices.
Largest reductions: Ostrava and Liberec
Ostrava and Liberec reported the most substantial declines in the country, with reductions ranging from −8% to −15%. In Ostrava, the price per m² for 1+kk flats fell by CZK 31, while monthly rent dropped from CZK 11,273 to CZK 10,142. Large flats became up to CZK 3,000 cheaper per month, representing a significant adjustment of prices to demand.
In Liberec, the decline was even more pronounced. Large flats became −15% cheaper, while other layouts fell by an average of −13.5%.
Zlín, Hradec Králové, Pardubice: gradual reductions
Prices fell more moderately in other cities. In Zlín, small flats saw the smallest decrease (−2.7%), while the mid-sized 3+kk and 3+1 category experienced the largest decline, with average rent falling from CZK 18,737 to CZK 17,612.
In Hradec Králové, the decline was more significant. The largest flats became more than CZK 1,000 to CZK 3,000 cheaper per month, representing a decrease of up to −13.1%. Smaller layouts held their value better.
Pardubice recorded consistent reductions across the market. Rent fell by CZK 657 to CZK 2,462 depending on the type of flat. The smallest decline concerned small flats (−5.2%), while other categories fell by around −7%.
Pilsen: following August growth, a return to spring prices
Prices also fell across all categories in Pilsen. Rents decreased by several hundred to more than one thousand crowns. Following the August increase, price levels are therefore returning approximately to their spring values. Small flats became −2.4% cheaper and large flats −5.1% cheaper. Pilsen is thus following the usual trend, where demand typically declines in autumn after the peak summer season.
České Budějovice: rising prices
In České Budějovice, by contrast, rents increased across all categories. For 1+kk flats, the price rose from CZK 11,020 to CZK 12,427 (+12.8%), while rent for 2+kk flats jumped by more than CZK 1,200. This growth suggests that demand for housing in České Budějovice exceeds supply.
Olomouc, Karlovy Vary, Znojmo: moderate growth
Other cities also reported growth. In Olomouc, prices increased only slightly, by a few hundred crowns. In Karlovy Vary, small one-room flats saw the largest increase at 5.8%, while mid-sized 3+kk and 3+1 layouts rose by 2.8%. In Znojmo, it was primarily mid-sized flats that became more expensive, by a notable 9.4%. For small flats, the increase was around two hundred crowns.
Conclusion
Data from August and November 2025 confirm the typical autumn decline in rents after the September peak in demand. While prices fell in most cities, some regions – such as Brno and České Budějovice – saw increases instead. It is therefore essential for flat owners to respond to local conditions and adjust prices flexibly in order to secure stable occupancy and long-term returns.
