Tuesday, 24 March 2026
Housing affordability in the Czech Republic continues to vary significantly by region, with the Ústí nad Labem region remaining the most accessible market and Prague the least affordable, according to an analysis by RE/MAX.
The comparison, based on the amount of residential space that can be purchased with an average monthly wage, shows that buyers in the Ústí region could acquire approximately 1.2 square metres of an older apartment at the end of 2025. In contrast, in Prague the figure was below 0.5 square metres, reflecting significantly higher property prices in the capital.
In Prague, the average price of older apartments reached nearly CZK 137,000 per square metre in the fourth quarter, while the average gross monthly wage stood at around CZK 65,000. This placed the capital among the least affordable housing markets in the country.
“The Ústí Region maintains a strong position in terms of availability and at the same time the interest of investors who see the potential for the future is growing,” said Jan Hrubý, Director General of RE/MAX for the Czech Republic and Slovakia.
Other regions with relatively higher affordability included Karlovy Vary Region and Olomouc Region, where it remained possible to purchase around one square metre of older housing with an average monthly income. By contrast, affordability was also constrained in South Moravian Region, particularly in Brno, where price levels approach those seen in Prague.
“Prague and Brno have long attracted strong demand thanks to job opportunities, higher incomes and developed infrastructure,” Hrubý added, noting that new-build prices in these cities continue to exceed those in the rest of the country.
Across the Czech Republic, housing affordability has deteriorated over the past decade, as property prices have increased faster than wages. According to the OECD, rising housing costs are placing increasing pressure on household budgets, particularly among younger buyers and lower-income groups.
The data highlights a persistent divide between regions, with lower-cost markets offering greater nominal affordability, while major urban centres remain constrained by strong demand and limited supply.
Source: CTK
