In August 2024, the prices of 1-bedroom apartments in Poland experienced a notable increase, largely driven by the influx of students returning to cities for the new academic year. As universities resumed, the demand for small apartments, particularly in cities with large student populations, pushed prices higher.
City | Average Price per Square Meter for 1-Bedroom Apartment (USD) |
---|---|
Warsaw | $3 626 – $5 440 |
Kraków | $3 590 – $5 180 |
Wrocław | $3 590 – $4 400 |
Gdańsk | $3 900 – $4 400 |
Poznań | $3 350 – $3 800 |
Łódź | $2070 – $2590 |
Szczecin | $2590 – $3100 |
Lublin | $2590 – $3100 |
Katowice | $2300 – $3100 |
Bydgoszcz | $2400 – $3150 |
In Warsaw, the average price per square meter for a 1-bedroom apartment now ranges between $3,626 and $5,440, making it the most expensive city in Poland. Similarly, Kraków saw prices between $3,590 and $5,180, while Wrocław reported prices ranging from $3,590 to $4,400.
Cities like Gdańsk also saw significant demand, with prices ranging from $3,900 to $4,400 per square meter. In Poznań, prices range from $3,350 to $3,800, reflecting strong interest from students.
Smaller cities like Łódź and Szczecin, though offering more affordable options, also saw price increases, with Łódź ranging from $2,070 to $2,590 per square meter and Szczecin between $2,590 and $3,100. Other cities such as Lublin and Katowice reported similar trends, with prices reaching up to $3,100.
Overall, the rise in rental demand due to the student population has had a direct impact on the cost of 1-bedroom apartments, driving up prices in key Polish cities.