Warsaw Property Prices, Rents & Rental Yields

About Warsaw

Warszawa, the capital of Mazowieckie voivodeship, combines national political importance with a large, diversified urban economy. Its apartment market reflects that scale, balancing central districts, business hubs, and residential areas that continue to attract attention from long-term investors and local owners alike.

July 2026 brought a clear signal: pricing momentum is still present, but it is no longer one-sided. The average sale price for apartments eased to 882,520 zł, down 0.8% month over month, even as the average m2 price edged up 1.0% to 17,130 zł. That mix suggests a market where headline values can soften while underlying per-square-meter pricing continues to hold firm.

For investors, the tension is visible in the numbers. Average rent reached 4,000 zł in July 2026, up 2.6% from the previous month, while the reported yield stood at 5.97%. Over a longer horizon, the sale price is still up 2.4% year over year and the average m2 price has climbed 3.6%, but rent was unchanged compared with a year earlier. In practical terms, Warszawa remains a market where asset values have not stood still, yet income growth has been more restrained. That makes the current setup less about rapid upside and more about weighing moderate capital appreciation against relatively stable rental returns.