Gross rental yields in Serbia: Belgrade and Novi Sad
Average residential gross rental yield in Serbia stands at 7.04% (Q1, 2025).
Cities compared
- Belgrade
- Novi Sad
Historical rental yields in Serbia:
View the full rental yield dataset (2025 - Present)
|
Last Updated: Jan. 03, 2025 |
|||
| BELGRADE - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Belgrade (all locations) | |||
| Studio | €56,350 | €500 | 10.65% |
| 1-Bedroom | €119,000 | €800 | 8.07% |
| 2-Bedroom | €169,000 | €1,000 | 7.10% |
| 3+Bedroom | €250,000 | €1,500 | 7.20% |
| Belgrade avg. Rental Yields | 8.25% | ||
| NOVI SAD - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Novi Sad (all locations) | |||
| Studio | €63,450 | €310 | 5.86% |
| 1-Bedroom | €94,750 | €490 | 6.21% |
| 2-Bedroom | €133,385 | €600 | 5.40% |
| 3+Bedroom | €184,660 | €900 | 5.85% |
| Novi Sad avg. Rental Yields | 5.82% | ||
| 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 and KupujemProdajem |
|||
Research Methodology:
Our rental yield analysis is conducted biannually to ensure up-to-date insights into Serbia’s property market. We assess 1-bedroom, 2-bedroom, 3-bedroom across the largest cities in Serbia, comparing median rental prices with median purchase prices to determine gross rental yields.
We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:
(Median Monthly Rent × 12) ÷ Median Purchase Price × 100
For example, if the median monthly rent is €500 and the median purchase price is €100,000, the yield is calculated as:
(€500 × 12) ÷ €100,000 = 6% Gross Rental Yield
Note: NET yields vary from country to country, but are usually 1.5-2% lower.