Renting grows 11% cheaper in the Urals

21 January 2016 (09:16)

UrBC, Yekaterinburg, January 21, 2016. Rental homes grew, on average, 11% cheaper in the Urals last year, N1. RU reports after looking at over 80,000 housing ads for places in Yekaterinburg, Perm, Chelyabinsk, and Tyumen.

‘Rental prices declined the most in Perm and remained nearly the same as in the previous year in Chelyabinsk. Yekaterinburg market experienced the third biggest price decrease,’ the company reports.

The average monthly rent amount dropped by 11% and came to 18,600 RUR in Yekaterinburg (against 21,000 RUR in 2014). This was also the case in most large Ural cities. Prices decreased by 14% in Perm (from 17,500 RUR to 15,000 RUR), by 12% in Tyumen (from 19,600 RUR to 17,200 RUR), and by 4% in Chelyabinsk (from 14,000 RUR to 13,400 RUR).

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