Apartments for rent. Decrease in available units

Pełczyńska-Nałęcz on social housing TVN24

According to a report from Otodom, the availability of rental properties fell by 3 percent in June compared to the previous month, while interest from prospective tenants reached its highest point since 2020. Analysts suggest that this could indicate a rise in the number of apartments being offered for sale in the secondary market.

By the end of June, there were 23,100 rental listings on the market, marking a 6% decline from the previous year and a 3% decrease from May. An even more significant drop was noted in new listings: fewer than 16,000 were listed, reflecting a 24% year-on-year decrease, as reported by the authors of the study.

The findings reveal that 65% of the total national database, equating to 15,000 active listings, were situated in the seven largest cities, where the number of available apartments has diminished since May. In other regions, the changes were more varied. The most substantial month-on-month growth of 8% was observed in Bydgoszcz, while the steepest declines were found in Olsztyn (-25%) and Poznań (-12%).

Selling instead of renting

The authors attribute the ongoing decrease in supply to macroeconomic factors. The July decision by the Monetary Policy Council to lower interest rates again – this time by 0.25 percentage points, reducing it to 5% – took the market by surprise for the second time this year. After a 0.5 percentage point reduction in May, a pause had been anticipated, but instead, the trend of easing continues, which is naturally reflected in the real estate sector. This is also evident in rental activities.

„The reductions in interest rates are beginning to affect the choices of property owners, who are increasingly contemplating terminating their leases in favor of selling their properties. For many, this could be an opportune moment – with buyers’ financial capabilities improving and demand likely to rebound. In May 2025, the volume of closed listings reached 23,700, and some of these may have facilitated a sale transaction. It’s probable that the reduction in July could produce a similar effect, reducing the time frame for listings and boosting the number of closed transactions beyond typical seasonal levels,” forecasts Milena Chełchowska from Otodom.

At the end of June, there were 23,100 rental listings available on the market – a 6% decrease compared to last year and a 3% decrease compared to May. An even larger decline was seen in new listings: fewer than 16,000 were published, a 24% drop year-on-year. Shutterstock

The study’s authors pointed out that data from Otodom and OLX over recent months supports this trend. In June, the average duration for publishing a rental advertisement decreased to 20 days – 6 percent less than in May and 8 percent shorter than in the same month last year.

„Even though the changes are currently modest, the decisions made by the Monetary Policy Council could lead to lasting transformations in the rental market. The reduced borrowing costs are invigorating the mortgage sector, which could diminish rental demand in the upcoming months. If more individuals opt to purchase rather than rent, the pressure on the rental market could lessen, potentially stabilizing or even causing a slight decline in rental prices. However, it’s crucial to keep in mind that this impact depends on the extent of the reductions and has a certain delay,” Milena Chełchowska added.

The cheapest in Białystok and the most expensive in Warsaw

June also experienced a notable surge in demand. Users of Otodom generated 370,000 responses to advertisements, reflecting a 12 percent increase compared to the previous month and an 8 percent increase year-on-year. Experts from Otodom highlighted that June was the best month in this regard since 2020. The average rental price for an apartment was PLN 3,611, with the cost per square meter being PLN 71.

Among the cities analyzed, the lowest average rental prices were observed in Białystok (PLN 2,069), while the highest were in Warsaw (PLN 4,961). In the mid-price segment, Poznań (PLN 2,605), Lublin (PLN 2,608), and Rzeszów (PLN 2,550) were noted. Month-on-month, the largest increases were recorded in the Tricity (2.5%) and Łódź (2.4%), while declines were noted in Szczecin (1.7%) and Rzeszów (1.2%).

In contrast, the

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