Price dynamics in Tashkent's rental market: Sergeli stands out for low-cost housing

SOCIETY 16:07 / 09.08.2024 864

According to the analysis, the rent for a one-room apartment in the Sergeli district with average renovations is $273, a two-room apartment is $335, a three-room apartment is $379, and a four-room apartment is $420. In the Almazar district, the rent for a one-room apartment is $288, a two-room apartment is $343, a three-room apartment is $417, and a four-room apartment is $451.

The rent for one-room apartments with average renovations increased by 0.2% compared to June, while the prices for two- and three-room apartments decreased. Specifically, the rent for two-room apartments decreased by 0.4%, the rent for three-room apartments by 1.1%, and the rent for four-room apartments by 1.6%.

Meanwhile, the highest rental prices for housing in this category were observed in the Yakkasaray district (one-room apartment – $348, two-room apartment – $438, three-room apartment – $574, four-room apartment – $604) and in the Mirabad district (one-room apartment – $334, two-room apartment – $433, three-room apartment – $557, four-room apartment – $713).

Additionally, while the average rental cost of a one-room apartment with major renovations decreased in July compared to June, the rent for two-, three-, and four-room apartments increased. During this period, the rent for one-room housing decreased by 1.5%, while the rent for two-room housing increased by an average of 0.9%, three-room by 1.2%, and four-room by 0.6%.

The lowest rental prices for housing with major renovations were observed in the Sergeli district (one-room apartment – $341, two-room apartment – $400, three-room apartment – $506, four-room apartment – $591) and in the Uchtepa district (one-room apartment – $359, two-room apartment – $438, three-room apartment – $552, four-room apartment – $671), while the highest rents were observed in the Mirabad district (one-room apartment – $447, two-room apartment – $736, three-room apartment – $1042, four-room apartment – $1300) and in the Yakkasaray district (one-room apartment – $443, two-room apartment – $658, three-room apartment – $888, four-room apartment – $1170).

In July, rental prices for apartments with average renovations decreased by an average of 0.7% compared to June, while those for apartments with major renovations decreased by 0.3%.

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