In the first quarter of 2026, the average price of an older apartment in Prague was approximately 144,000 Kč per square metre. The average transaction price of a new apartment reached around 179,000 Kč per square metre, while the average asking price from developers was approximately 180,300 Kč per square metre.

Below is a practical overview of Prague apartment prices in 2026, including prices by district and property size, rental costs, mortgages and additional purchase expenses. The final price of a specific apartment may vary according to its condition, floor, balcony, parking, public transport access and distance from the city centre.

How much does an apartment cost in Prague in 2026?

According to ČBA Monitor, the average transaction price of an older apartment in Prague was approximately 144,000 Kč per m² in the first quarter of 2026. In this dataset, older apartments are properties located in buildings completed before 1995.

New apartments are more expensive. The average first-sale transaction price of an apartment in a Prague new development reached approximately 179,000 Kč per m². The Deloitte Develop Index reported an average developer asking price of around 180,300 Kč per m², including VAT.

• older apartments in Prague — approximately 144,000 Kč per m²;
• new apartments based on completed transactions — approximately 179,000 Kč per m²;
• new developments based on developer price lists — approximately 180,300 Kč per m²;
• luxury projects in central Prague — often more than 250,000–300,000 Kč per m².

Prague apartment prices by size

Using average prices from the first quarter of 2026, the approximate cost of an apartment in Prague is:

• 35 m² apartment: around 5 million Kč in an older building or 6.3 million Kč in a new development;
• 50 m² apartment: around 7.2 million Kč in an older building or 9 million Kč in a new development;
• 70 m² apartment: around 10.1 million Kč in an older building or 12.6 million Kč in a new development;
• 100 m² apartment: around 14.4 million Kč in an older building or 18 million Kč in a new development.

These figures are calculated using average prices per square metre. Small studio and one-bedroom apartments, commonly listed as 1+kk or 1+1 in the Czech Republic, often have a higher price per m² because of strong demand from students, young professionals and investors.

New apartment prices by Prague district

Apartment prices differ significantly between Prague districts. According to Deloitte data for the first quarter of 2026, average asking prices for new apartments were:

• Prague 1: 317,800 Kč per m²;
• Prague 2: 241,100 Kč per m²;
• Prague 3: 196,400 Kč per m²;
• Prague 4: 186,200 Kč per m²;
• Prague 5: 184,000 Kč per m²;
• Prague 6: 184,400 Kč per m²;
• Prague 7: 231,900 Kč per m²;
• Prague 8: 188,500 Kč per m²;
• Prague 9: 169,600 Kč per m²;
• Prague 10: 161,200 Kč per m².

The most expensive new apartments are found in Prague 1, Prague 2 and Prague 7. More affordable properties are generally available in Prague 9 and Prague 10. Prices can still vary considerably within the same district: an apartment close to a metro station, park or business centre will normally cost more than a comparable property in a less accessible location. Detailed figures are available in the Deloitte Develop Index report.

New development or older apartment?

A new-build apartment is usually more expensive, but it offers a modern building, better energy efficiency, a newer lift and a lower risk of major repairs during the first years of ownership. Parking spaces, storage units, balconies and interior finishes may be charged separately.

An older apartment can be cheaper, particularly in a prefabricated building or an outer district. Before buying, check the electrical wiring, windows, heating system, roof, lift and common areas of the building.

It is also important to examine the financial condition of the homeowners’ association, known in Czech as SVJ. A low purchase price may be connected to planned building renovations, existing association debt or high monthly payments into the repair fund.

How are apartment prices in Prague changing?

In the first quarter of 2026, transaction prices for new apartments in Prague increased by approximately 12% compared with the previous year. Prices of older apartments also continued to rise, although quarterly growth was less pronounced.

The main reasons for high Prague property prices include a limited supply of new housing, lengthy construction and approval processes, stable demand, wage growth and recovery in the mortgage market. The Prague housing market therefore did not experience a significant price decline at the beginning of 2026. Current market developments are published by ČBA Monitor.

How much does it cost to rent an apartment in Prague in 2026?

People searching for apartment prices in Prague may be interested in either buying or renting. According to the Deloitte Rent Index, the average rent in Prague was approximately 466 Kč per m² per month in the first quarter of 2026, excluding utilities and service charges.

• 35 m² apartment — approximately 16,300 Kč per month;
• 50 m² apartment — approximately 23,300 Kč per month;
• 70 m² apartment — approximately 32,600 Kč per month.

Average district rates ranged from approximately 451 Kč per m² in Prague 9 and Prague 10 to 505 Kč per m² in Prague 1. Tenants normally pay utilities, electricity and internet in addition to the rent. A refundable deposit and estate agency commission may also be required.

Mortgage for an apartment in Prague

The average interest rate on new mortgages in the Czech Republic was approximately 4.67% in May 2026. The final monthly payment depends on the apartment price, deposit, loan term, interest rate and the bank’s property valuation.

For a property purchased as a primary residence, the maximum loan-to-value ratio generally remains 80%. Applicants under 36 may qualify for an LTV of up to 90%. Most buyers therefore need to cover at least 10–20% of the apartment price using their own funds.

For investment property, the Czech National Bank recommended a stricter maximum LTV of 70% from 1 April 2026. Buying an apartment to rent out may therefore require a deposit of approximately 30%. Mortgage rate developments can be followed through ČBA Monitor.

Additional costs when buying an apartment

The price shown in a property listing is not the only amount a buyer needs to prepare. Additional expenses may include:

• legal review of the apartment and purchase agreement;
• lawyer, notary or bank escrow for the purchase funds;
• property valuation required by the mortgage lender;
• certified translations of documents;
• estate agency commission if it is not included in the price;
• renovation, furniture, parking or a storage unit;
• the administrative fee for registering ownership in the Land Registry.

The administrative fee for an application to register ownership in the Czech Land Registry is 2,000 Kč. The registration can only be completed after the statutory protection period, so transferring the full purchase amount directly to the seller without secure escrow creates unnecessary risk. Details are available from the Czech Office for Surveying, Mapping and Cadastre.

Can a foreigner buy an apartment in Prague?

Foreign nationals can generally purchase apartments and other property in the Czech Republic regardless of citizenship. However, owning property does not automatically provide a visa, temporary residence permit or permanent residence.

Before signing a contract, buyers should check the registered owner, mortgages, liens, enforcement proceedings, easements and other restrictions recorded in the Land Registry. Buyers who do not speak Czech should use an independent lawyer rather than relying only on documents prepared by the seller or estate agency. The main rules are explained on the official Czech government portal.

How to choose an apartment in Prague without overpaying

• compare the price per m² with similar apartments in the same area;
• compare new developments separately from older apartments;
• check whether VAT, parking, a balcony and storage are included;
• review monthly service charges and contributions to the repair fund;
• check the distance to the metro and the daily commute to work;
• do not sign a reservation agreement before a legal review;
• include renovation costs in the total purchase budget;
• verify both the apartment and its owner through the Land Registry.

Conclusion

The average apartment price in Prague in 2026 is approximately 144,000 Kč per square metre for older properties and around 179,000–180,300 Kč per square metre for new developments. A typical 50 m² apartment may cost about 7.2 million Kč in an older building and approximately 9 million Kč in a new project.

The most expensive apartments are located in Prague 1, Prague 2 and Prague 7, while more affordable options are more commonly found in Prague 9 and Prague 10. When calculating the total budget, buyers should include not only the purchase price but also the mortgage deposit, legal services, Land Registry fee, possible renovation and regular monthly housing costs.