Russia sees 17% rise in rental property listings

16:42; 05 February 2026 year

### Russian Rental Market Expands Amid High Mortgage Rates and Increased Supply The number of active rental listings in Russia grew by 17% year-on-year in 2025, reaching 95,000 (compared to 82,000 in 2024), according to a report by DOM.RF (a state-owned housing development corporation). The increase in rental listings was attributed to high market mortgage rates and the influx of apartments purchased during a period of high demand into the rental market. The growth in rental offerings was observed across all Russian cities in 2025. Notably, St. Petersburg saw a 13% year-on-year increase in rental listings, followed by Moscow with a 7% increase. However, the increase in supply had an impact on prices. In Moscow, the average rental price dropped by 3% year-on-year (the first decline in three years), settling at 98,000 rubles per month. In St. Petersburg, rental prices increased by 3% (to 52,000 rubles per month) following a 16% price hike in 2024.

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