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05.09.2025
Rental Market
Will apartment prices go up, down, or stay the same? This question concerns both landlords and tenants, especially with the current economic and political situation making long-term planning more difficult. Here’s a forecast for Poland’s real estate market for the second half of 2025 and into 2026, based on current trends and market developments.
Will prices go up? That’s one of the most common questions in the real estate market, asked by both buyers and sellers. In mid-2025, the increase in prices has slowed down, and in some cities we’re even seeing slight drops – mainly in listing prices. From July 2025, developers are required to reveal listing prices, which may further stabilize the market and make offer comparison easier. However, one important tool is still missing – the DOM Portal, whose launch has been delayed again, this time until 2027.
At the same time, the minimum wage continues to rise twice a year, making it possible to afford slightly larger apartments. Still, psychological price barriers are being exceeded: over PLN 10,000 per m² for standard flats, and even PLN 20,000 per m² for luxury apartments. Meanwhile, the market is seeing more houses listed in poor locations or requiring expensive renovation – attractive only because of their lower price.
Support programs for individual buyers, such as the 2% safe mortgage (a major form of government aid for young people in 2024), will no longer be the focus of political discussions in 2025–2026. Instead, attention is turning to support for social housing – including municipal apartments, TBS (Social Housing Associations), and SIMs (Social Housing Initiatives). The government has already decided to support these sectors, but the increase in funding will be gradual. Interestingly, housing cooperatives rarely use these benefits, preferring to build apartments for sale on a commercial basis.
Meanwhile, borrowers still face unique challenges. People with Swiss franc mortgages are successfully negotiating settlements with banks, while attempts to challenge the WIBOR index have had limited results. One current issue is affecting those with fixed-rate loans – falling interest rates make it difficult to respond quickly to changing conditions.
It is expected that PRS funds will continue investing in the residential sector. However, there have been some setbacks - e.g. Heimstaden decided to sell their portfolio to individual investors. At the same time, a new trend is emerging: converting office spaces into apartments. Even state-owned companies like PHN are transforming office buildings – for example, in the area near Hala Mirowska – into apartment blocks for both sale and rental.
Regulation of REITs (real estate investment trusts), which would legally define rules for investing in properties, has once again been postponed. After a short period of political interest, the topic lost momentum.
Rental property investments remain popular in Poland, although rent growth is slowing slightly. A clear trend is the growing interest in buying properties abroad – especially in popular tourist locations such as Spain, Croatia, Bulgaria, or Cyprus, and even more exotic places like Kazakhstan. Despite the growing number of Polish influencers promoting such investments, the lack of full legal protection means that local advisors are still necessary.
Short-term rentals in Poland still lack comprehensive legal regulations, even though interest in booking platforms continues to grow. Another trend in the background is the rise of “second homes”, especially in smaller towns and villages. This is influenced by demographic changes and the inheritance of property. Although the market has high potential, many inherited properties are hard to sell or maintain, and local municipalities are struggling to manage the growing number of part-time residents.
In 2025–2026, the housing market is increasingly affected by climate change and new energy efficiency regulations. With the end of support for gas heating and the need to reduce emissions, even relatively new homes (built 10–15 years ago) often require significant upgrades and new technologies. This is causing major differences in value on the secondary market. Small-town homeowners feel this most – but ironically, the oldest houses may benefit fastest, since the government will support switching away from coal heating.
Extreme weather events – such as the violent storms and floods of 2024–2025 – have made property insurance more important. A surprising issue is also water availability – even local water systems sometimes face shortages, and overuse of private wells can become costly. New rules on wind energy and energy storage are still only in the planning stage, which makes long-term investment decisions difficult.
Poland’s rental housing market in 2025–2026 – while not seeing spectacular growth – remains safe and stable. With small price changes and no major government interventions, the market is becoming more predictable. New niches are emerging: homes are not only places to live, but also a response to changing social, demographic, and climate needs. Services for the real estate market are becoming more important – such as renovations, insurance, and energy upgrades. For landlords and investors, convenience and optimization matter more than ownership itself.
The content on the simpl.rent website reflects the views of the authors and does not constitute legal advice or legal opinions, nor can it serve as a substitute for them. Please note that each case should be treated individually, taking into account the accompanying circumstances. To determine the legal status in an individual case, we encourage you to seek professional legal assistance.
