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29.Oct .2020 18:00

Apartment Rental Prices in Tbilisi Higher than in Baku and Yerevan

Apartment Rental Prices in Tbilisi Higher than in Baku and Yerevan
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You will need around US$ 369 to rent one bedroom apartment in the center of Tbilisi, Georgia. The cost is about 8% lower in Baku, Azerbaijan and 2% less in Yerevan, Armenia.

Monthly rental price for one bedroom apartment in the center of Baku amounts around US$ 338.

The price is US$ 362 in Yerevan and US$ 369 in Tbilisi, which makes Georgia’s capital the most costly among the mentioned three capitals of the Caucasus.

BMG has compared the rental prices in the three capitals of the Caucasus. The data has been provided by the online database numbeo.com.

The rental price differences between Tbilisi, Baku and Yerevan are much higher for one bedroom apartments outside of the center. The cost in Tbilisi is around 11% higher than in Baku and around 8% more than in Yerevan. More specifically, rental cost for one bedroom apartment outside of the center of Tbilisi is US$218, in Baku – US$ 194 and in Yerevan – US$ 200.