Prices For One-bedroom Apartments In Minsk Have Stopped Rising
- 11.11.2026, 12:57
Is there a new trend in the rental market?
It’s still not easy to find good rental housing at a reasonable price in the capital.
However, something unexpected did happen in the rental market in October: according to analysts, studio apartments have stopped rising in price. Yet it was precisely these units that had been increasing in price faster than other rental options.
What else is interesting about the rental market in Minsk? Journalists Tochka.by asked Andrei Chernyshev, deputy director of analytics at the Realt portal.
Will one-bedroom apartments get cheaper?
After several months of continuous growth, rental prices have finally stabilized at an average of $520 per month.
One-bedroom apartments have stopped getting more expensive. Although since the beginning of the year, they have risen in price by more than 16% (or $72). In September alone, their rental rates rose by more than 3%.
“We checked to see if this was related to changes in the mix of apartments in October. For example, there were more affordable options in older buildings, which pulled the average price down. But if you look separately at apartments with different levels of renovation and in buildings of different ages, it’s clear that the rate of increase has indeed slowed in virtually all major categories. In some cases, apartment prices have risen slightly, while in others they’ve actually fallen,” explains Andrei Chernyshev.
That said, analysts are still reluctant to say that rental prices have hit a ceiling. Yes, perhaps after the summer’s growth, landlords have approached price levels that tenants are no longer willing to accept. Or maybe this is just a brief autumn lull.
What about the rest of the apartments?
Rents for two- and three-room apartments, on the other hand, continued to rise in October.
The average rental price for two-bedroom apartments rose by another 2% or so, while that for three-bedroom apartments increased by about 1%.
It turns out that owners of more spacious apartments are still raising their rates, while owners of one-bedroom apartments have decided to “take a break.”
How many days does it take to rent out an apartment now?
The situation for landlords is no longer as favorable as it was at the end of summer: in August, landlords spent an average of less than six days finding tenants for one-room apartments, while in September and October, it took about seven and a half days.
Two- and three-room apartments usually remain vacant even longer.
In other words, there are fewer apartments available, and rents have gone up, but this hasn’t led to apartments being snapped up any faster.
Where is it cheaper to rent an apartment right now?
Experts traditionally advise looking not only at the cost but also at the number of apartments available to choose from.
For example, the lowest average rent for a one-room apartment is currently in the Zavodskoy District—about $420. But the selection there is limited.
In the Frunzensky District, on the other hand, one-room apartments cost an average of about $480, but there are several times more apartments available than in the Zavodsky District.
For comparison, in the Central District, you can rent an average one-room apartment for about $630.
This means the difference in rental costs between the Frunzensky and Central districts is about $150 per month, or $1,800 per year.
“Of course, apartments in these districts vary in age, size, and condition. But for someone who isn’t tied to a specific part of the city, this difference is a good reason to broaden your search,” notes Andrei Chernyshev.
The expert advises: if you want to save on rent, you don’t necessarily have to look for the cheapest apartment. Sometimes it makes more sense to choose a district where there are plenty of listings and average prices are significantly lower.