Buying Beats Renting in Russia as Housing Prices Shift in Major Cities
Across Russia's major cities, the average price-to-rent ratio for housing has dipped below the key threshold of 15, making buying more economical than renting. This trend is evident in cities like Krasnodar and Rostov-on-Don.
In Krasnodar, the price-to-rent ratio stands at 14.53, while in Rostov-on-Don, it's 14.66. For instance, in Rostov-on-Don, a property priced at 5.4 million rubles has a monthly rent of 30,800 rubles. In Krasnodar, a one-bedroom apartment of 37 square meters costs around 5.1 million rubles with monthly rent at 29,400 rubles.
The real estate market in Krasnodar is currently oversupplied. In August 2025, primary market sales reached 60,700 square meters, nearly double the volume from January 2025. Developers would need four years to clear the current inventory, with an average monthly sales volume of 56,100 square meters.
As of early November 2025, buying a home is more cost-effective than long-term renting in Krasnodar and Rostov-on-Don. This trend also extends to other cities like Novosibirsk, Yekaterinburg, Chelyabinsk, Perm, and Krasnoyarsk, where buying is also more economical.
