The coronavirus epidemic and the introduction of a self-isolation regime in Moscow led to a drop in demand and a drop in rental prices. This conclusion was reached by analysts of the Yandex.Real Estate service, who compared rental rates for apartments and country houses from the beginning of the year.
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Some owners already at the end of March began to place advertisements for renting apartments for the period of self-isolation or at a discount for this time, which affected the average monthly rates. So, the average cost of renting an apartment in Moscow since the beginning of the year fell by almost 15%: from 53,000 rubles. up to 46 000 rub.
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The most noticeable subsidence in the price of two-room apartments – from 54,500 rubles. in January to 48 000 rubles. in mid-April, with maximum rates falling in the first weeks of the introduction of the self-isolation regime. A similar situation is observed with three-room apartments: since the beginning of the year, rental rates have fallen from 96,000 rubles. up to 90,000 rubles., According to a study by Yandex.Real Estate.
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In the most popular rental segment – one-room apartments – the crisis was least affected. In early March, the average rate was kept at 37,000 rubles, in the middle of the month it fell to 36,000 rubles, and in April fell to 35,000 rubles.
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The introduction of a self-isolation regime has sharply increased the demand for rental suburban real estate. As a result, daily rental prices in this segment increased more than before the New Year: if in early March they asked for an average of 16,500 rubles for a house in the Moscow Region, now 18,000 rubles. per day. As a result, in just one month, prices for long-term rental homes rose by 15% – from 85,000 rubles. in March to 100,000 in April, analysts at Yandex.Real Estate said.
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