Tashkent, Uzbekistan (UzDaily.com) — Experts from the Institute of Macroeconomic and Regional Studies under the Cabinet of Ministers of the Republic of Uzbekistan (IMRS) analyzed the average rental prices for housing in Tashkent for December 2024.

During this period, the average rental rates for apartments with basic renovation decreased by 0.9% compared to November, while the rental prices for fully renovated apartments increased by 0.7%.

Rental Rates for Apartments with Basic Renovation

In December 2024, the average rental price for one-room apartments with basic renovation decreased by 0.7%, two-room apartments by 0.4%, three-room apartments by 1.3%, and four-room apartments by 0.8% compared to November.

Lowest rental prices for apartments with basic renovation:

Sergeli District:

1-room — US$296

2-room — US$345

3-room — US$414

4-room — US$451

Almazar District:

1-room — US$286

2-room — US$353

3-room — US$426

4-room — US$457

Highest rental prices for apartments with basic renovation:

Mirabad District:

1-room — US$374

2-room — US$510

3-room — US$634

4-room — US$800

Yakkasaray District:

1-room — US$380

2-room — US$521

3-room — US$667

4-room — US$733

Rental Rates for Fully Renovated Apartments

During this period, the average rental price for fully renovated one-room apartments decreased by 0.7%, two-room apartments by 1.1%, while the rental prices for three-room apartments increased by 0.9%, and four-room apartments rose by 3.8%.

Lowest rental prices for fully renovated apartments:

Sergeli District:

1-room — US$321

2-room — US$415

3-room — US$508

4-room — US$613

Uchtepa District:

1-room — US$365

2-room — US$453

3-room — US$524

4-room — US$644

Highest rental prices for fully renovated apartments:

Mirabad District:

1-room — US$486

2-room — US$725

3-room — US$1033

4-room — US$1356

Shaykhantakhur District:

1-room — US$535

2-room — US$735

3-room — US$1104

4-room — US$1303

Methodology

The analysis of rental prices was conducted using data collected through web scraping from the platform olx.uz. A total of 38,100 listings were analyzed for November and 35,100 for December 2024. In both cases, the top and bottom 5% of listings were excluded from the dataset to eliminate outliers with abnormally high or low prices.