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How much does it cost Russians to rent an apartment?

Renting an apartment in Russia is a cost-effective housing solution for many. Prices depend on the area, quality, size of the apartment, and time of year. Prices also vary significantly among different cities. In Moscow, for instance, a one-bedroom apartment in the city center could cost 36,000 RUB per month. In smaller cities, such as St. Petersburg, the cost of rent can be as much as 40-50% lower. The duration of the rental agreement also influences costs. For short-term renting (up to six months) a premium is often added to the rent to cover the landlord's maintenance costs. Ultimately, for those looking to live in Russia, rental prices present an array of options to find a high-quality and affordable accommodation.

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According to the latest data, residents of Russia spend over 50% of their salaries on renting an apartment. According to experts, this indicator has grown sharply over the past 2 years and has seriously exceeded the European average..

According to the results of the first quarter of 2011, the federal real estate portal “World of Apartments” conducted a study in 21 cities of Russia, according to the results of which it was confirmed that in 96% of the regions analyzed, residents have to spend more than 50% of their salaries on renting a one-room apartment. In some regions, more than 70% of the salary will have to be paid.

Rating of Russian cities by the cost of renting a 1-room apartment

According to the study, the most expensive rent of a one-room apartment, which takes 83% of the salary, was found in Novosibirsk and Rostov. So, residents of Novosibirsk with an average salary in the region of 19,214 rubles. a month will have to pay for rental housing 15 977 rubles. Consequently, they will have only 3,237 rubles. In Rostov-on-Don, where the level of income is lower (15 458 rubles), and 12 828 rubles will have to be spent on rent, it remains to be content with an even smaller amount – 2 630 rubles.

The third position of the rating went to the city of Ivanovo. Here, to rent a one-room apartment, you will have to pay 10,445 rubles on average. This will amount to approximately 75.8% of the average monthly salary in the region (13,770 rubles). In the remainder, residents will have only 3 325 rubles.

Moscow ranks fourth on the list. Here, about 72.4% of wages are spent on renting a “odnushka”. In the capital, along with the highest average wage (41,430 rubles), the highest rental rates for housing: a one-room apartment will cost an average of 29,987 rubles. As a result, a capital resident will have 11 443 rubles to live on..

Nizhny Novgorod took the fifth position, here rent costs 69.7% of wages. The Moscow Region is just a little behind it – 69.6%. However, at the same time, residents of the Moscow region, due to the higher wages (26,843 rubles), after settlements with the lessor, who will have to pay about 18,679 rubles, will have 8,164 rubles. In Nizhny Novgorod after payment of lease payments 5,252 rubles will remain.

Most of all they spend on renting a one-room apartment in Kazan (57.3%), and least of all – in Tomsk (51.2%).

In general, the study showed that in 9 regions out of 21 examined, rent takes from 60 to 70% of wages. In addition to those already mentioned, this category includes: Yaroslavl (68.9%), Samara (68.7%), St. Petersburg (67.6%), Tula (63.6%), Ulyanovsk (63%), Belgorod (62.4%) and Kaliningrad (62.2%).

As for the net balance of funds, among these cities most of all will remain for residents of the Northern capital – 9,208 rubles (the average salary in the region is 28,428 rubles, and renting a one-room apartment costs an average of 19,220 rubles).

After paying the rent, Kaliningraders will have 7,337 rubles left, Belgorod residents – 6,303 rubles, Tula residents – 5,993 rubles. Residents of Yaroslavl, Samara and Ulyanovsk will get a little more than 5,000 rubles (5,295 rubles, 5,494 rubles and 5,272 rubles, respectively).

In 7 cities participating in the study (Kazan, Chita, Kursk, Krasnoyarsk, Kemerovo, Yekaterinburg, Tomsk), and this is exactly one third, rental costs are from 50 to 60% of the average wage. Most of all they spend on renting a one-room apartment in Kazan (57.3%), and least of all – in Tomsk (51.2%).

However, if we consider the actual balance of money on hand after paying the rent, then the residents of Krasnoyarsk are in the best conditions. After paying the rent, they are left with 12,259 rubles. Residents of Yekaterinburg and Tomsk have 10,000 and 11,000 rubles each, respectively. The smallest amount after payment of the rent will remain with the residents of Kemerovo (8,925 rubles) and Kursk (6,825 rubles).

The most remarkable thing is that among the cities considered, only one of the residents spend less than half of their wages on renting a one-room apartment. The happiest were residents of the Chuvash capital, the city of Cheboksary, who spend 48.5% of the money earned on rent. The average cost of renting a “odnushka” here is 6,596 rubles. However, taking into account the small salary of 13,584 rubles, residents have only 6,988 rubles left to live on..

Where is it more profitable to live

Based on the above data, it is rather difficult to draw a specific conclusion: where is it more profitable to live and rent an apartment. The fact is that for the analysis we used Rosstat indicators for the average monthly accrued wages in the first half of 2011 by regions, as well as average data on rental rates. It is over, since the average indicators are used, then in each individual case the amounts will differ.

Apartment rental rates
Konstantin Korovin. In the room. 1919

It is obvious that it is very difficult for even one person to live on 3,000 – 5,000 rubles a month. People with wages below the average, if necessary, can rent not an apartment, but a room. It will cost a little less. People who have wages above the regional average will have a larger cash balance when paying rent than indicated in the study..

It is also important to take into account the fact that, for example, if two people work in a family, then the family’s income will be higher. Consequently, people will have at least twice the amount at their disposal.

Nevertheless, this study very well demonstrates the general picture that has developed at the present time in Russia: the average salary of citizens is significantly not enough to rent an apartment and at the same time provide themselves with the necessary minimum of funds for a normal life..

It can also be seen from the above data that low rental rates do not mean at all that the residents of this region are in an advantageous position. So in Ulyanovsk, Kursk and Cheboksary, where the average cost of renting a one-room apartment will cost 8,962, 8,159 and 6,596 rubles. accordingly, residents will have from 5,272 to 7,000 rubles in their hands.

In the most advantageous position under these conditions were residents of the Moscow region, who rent an apartment in the region, and work in the capital.

Let’s remind that the average cost of renting a “odnushka” in the Moscow region is about 18 679 rubles, and the average salary in Moscow is 41 430 rubles. After simple calculations, we find that only 45% of the earnings will have to be spent on the rental of residential premises, after which 22,751 rubles will remain on hand.

How much does it cost to rent an apartment in Europe

In Russia, as we have already found out above, one of the highest indicators of the share of the cost of rented housing in the income of the population. For comparison, in Europe this figure ranges from 35 to 50%. The highest rental costs among the EU countries are borne by residents of the UK and France. Least of all on rented housing spend in Belgium and Germany.

For example, in Belgium renting a one-room apartment will cost 450-500 euros per month, and a three-room apartment – from 900 euros. At the same time, the average salary is about 1,350 euros..

How much does it cost to rent an apartment in Europe
Pablo Picasso. The Blue Room. 1901

In Germany, renting an average quality apartment per month will cost 4.96 euros per sq. m. The most expensive rent among German cities is noted in Munich and is about 12.64 euros per sq. m. m. That is, a small one-room apartment with an area of ​​45 sq.m. will cost from 223 euros to 569 euros per month. For comparison, the average salary in Germany is around 2,500 euros.

In France, the average rental rate for a one-room apartment is 1250 euros per month, with an average salary of 1780 euros. In England you can rent a studio apartment for 790 pounds (1,180 euros) per month, and the average salary is about 900 pounds (1,350 euros).

For comparison, in the United States, the national average rent of an apartment is about $ 800 per month, with an average wage of $ 25 per hour, that is, about $ 4,000 per month..

It should also be noted that the share of registered housing rent in Russia does not exceed 5%, while in the United States this figure reaches 35%, and in Europe about 60% of the population live in rented apartments..

In Russia at the present time, in contrast to the countries of Europe, where the system of apartment buildings is widely developed, which guarantees stability to both the landlord and the tenant, there is no civilized rental market. Apartments are quite often rented out without drawing up any documents. Consequently, the tenant is not at all insured either from a sudden increase in the rental rate, or from any other whims of the apartment owners, who at one moment may throw their tenant out into the street. Landlords also do not have any guarantees for the safety of their apartment and the property in it..

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Comments: 1
  1. Daniel Hayes

    Can anyone provide an estimate of the average monthly rental cost for apartments in Russia? I’m curious to know how much Russians typically spend on rent and if it varies significantly across different cities or regions. Any insights or personal experiences would be greatly appreciated!

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