Russia produces moderate to good yields

  Last Updated: Dec. 16, 2022
MOSCOW - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Central (Tsentralniy) Administrative Okrug  
Studio €115,327 €1,090 11.34%
1-Bedroom €322,955 €923 9.60%
2-Bedroom €538,259 €2,307 5.14%
3-Bedroom €922,729 €2,768 3.60%
4+Bedroom €2,147,445 €4,614 2.58%
Moscow (all locations)  
Studio €90,735 €692 9.15%
1-Bedroom €161,478 €615 8.13%
2-Bedroom €228,204 €854 4.49%
3-Bedroom €347,561 €1,415 4.89%
4+Bedroom €907,350 €3,998 5.29%
Moscow avg. Rental Yields 6.42%
SAINT PETERSBURG - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Tsentralny (Центра́льный) District  
Studio €72,204 €384 6.38%
1-Bedroom €190,697 €615 3.87%
2-Bedroom €270,667 €784 3.48%
3-Bedroom €352,175 €1,092 3.72%
4+Bedroom €441,372 €1,999 5.43%
Saint Petersburg (all locations)  
Studio €77,509 €338 5.23%
1-Bedroom €114,572 €384 5.95%
2-Bedroom €187,627 €569 3.64%
3-Bedroom €245,907 €846 4.13%
4+Bedroom €384,471 €1,692 5.28%
Saint Petersburg avg. Rental Yields 4.71%
ROSTOV-NA-DONU - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Kirovsky District (Center)  
Studio €67,277 €538 9.60%
1-Bedroom €75,785 €461 8.22%
2-Bedroom €113,803 €604 6.37%
3-Bedroom €150,566 €1,038 8.27%
4+Bedroom €246,061 €1,230 6.00%
Rostov-na-Donu (all locations)  
Studio €50,750 €277 6.55%
1-Bedroom €60,506 €308 7.28%
2-Bedroom €80,197 €384 5.75%
3-Bedroom €107,652 €461 5.14%
4+Bedroom €144,484 €1,077 8.94%
Rostov-na-Donu avg. Rental Yields 7.21%
NOVOSIBIRSK - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Tsentralny (Центральный) District  
Studio €89,182 €384 5.17%
1-Bedroom €106,729 €384 4.32%
2-Bedroom €153,788 €461 3.60%
3-Bedroom €170,397 €692 4.87%
4+Bedroom €292,198 €1,230 5.05%
Novosibirsk (all locations)  
Studio €53,826 €261 5.82%
1-Bedroom €66,129 €292 5.30%
2-Bedroom €87,659 €384 5.26%
3-Bedroom €117,809 €523 5.33%
4+Bedroom €172,704 €923 6.41%
Novosibirsk avg. Rental Yields 5.11%
YEKATERINBURG - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Kirovsky District (Center)  
Studio €50,404 €361 8.59%
1-Bedroom €74,099 €308 7.33%
2-Bedroom €106,803 €384 4.31%
3-Bedroom €131,427 €461 4.21%
Yekaterinburg (all locations)  
Studio €48,905 €304 7.46%
1-Bedroom €68,921 €308 7.56%
2-Bedroom €93,811 €384 4.91%
3-Bedroom €122,262 €569 5.58%
4+Bedroom €154,173 €1,037 8.07%
Yekaterinburg avg. Rental Yields 6.45%
VORONEZH - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Central district  
Studio €59,362 €461 9.32%
1-Bedroom €67,236 €277 4.94%
2-Bedroom €92,088 €384 5.00%
3-Bedroom €131,904 €461 4.19%
4+Bedroom €224,531 €1,230 6.57%
Voronezh (all locations)  
Studio €38,580 €384 11.94%
1-Bedroom €54,363 €384 7.19%
2-Bedroom €75,356 €308 4.90%
3-Bedroom €97,248 €431 5.32%
4+Bedroom €119,955 €1,230 12.30%
Voronezh avg. Rental Yields 7.17%
UFA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Leninsky District (Center)  
Studio €45,368 €200 5.29%
1-Bedroom €52,749 €231 5.26%
2-Bedroom €79,823 €308 5.01%
3-Bedroom €107,190 €592 6.63%
4+Bedroom €192,334 €1,538 9.60%
Ufa (all locations)  
Studio €46,191 €231 6.00%
1-Bedroom €59,977 €246 4.92%
2-Bedroom €79,608 €308 4.64%
3-Bedroom €107,790 €431 4.80%
4+Bedroom €169,167 €769 5.45%
Ufa avg. Rental Yields 5.76%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Russia produces moderate to good rental yields across its cities, even considering the current situation. Moscow yields better returns than Saint Petersburg.

What are the rental yields in Russias biggest cities and areas?

  • Moscow apartments have a rental yield of 2.58% to 11.34% with a city average of 6.42%.
  • Saint Petersburg apartments earn a rental yield between 3.64% to 6.38% with an average of 4.71%
  • Rostov-na-Donu apartments yield between 5.14% to 9.60% with an average of 7.21%.
  • Novosibirsk apartments can yield you between 3.60% to 6.41% with an average of 5.11%.
  • Yekaterinburg apartments yield are between 4.21% to 8.59% with an average of 6.45%.
  • Voronezh apartments earn a yield between 4.19% to 12.30% with an average of 7.17%.
  • Ufa apartments can earn you a yield between 4.64% to 9.60% with an average of 5.76%.

Round trip transaction costs can be very high for foreigners buying residential property in Russia. See our Russia residential property transaction costs analysis Italy residential property transaction costs analysis and our Residential property transaction costs in Russia compared to other countries.

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