Living on rent in Tirana is becoming increasingly difficult. Rental prices have surged sharply \u2014 in some areas by up to 100% \u2014 turning the housing market into a daily struggle for residents. Tourism, high demand, and the rise of short-term rentals are pushing prices to unaffordable levels for many Albanian families.<\/p>\n
The city center of Tirana has become almost inaccessible for local families. Most rental requests now come from young couples and students who cannot afford to buy an apartment and are seeking long-term rentals in decent \u2014 though not necessarily elite \u2014 neighborhoods.<\/p>\n
Real estate agent Valeria Dushku said that some areas, such as Paskuqan and Fresku, have been less affected by the price hikes, while central zones now range from \u20ac600 to \u20ac1,500 per month.<\/p>\n
\u201cI would mention areas like Paskuqan, Babrru, Fresku, Linza, and Shkoza. These are still parts of Tirana where rent hasn\u2019t increased drastically \u2014 prices remain around \u20ac300\u2013\u20ac400. But in central areas, a one-bedroom apartment (1+1) costs between \u20ac600 and \u20ac800, while a two-bedroom (2+1) goes from \u20ac1,000 to \u20ac1,500, depending on demand,\u201d she explained.<\/p>\n
Foreigners are also driving demand, Dushku added, often looking for higher standards of housing.<\/p>\n
\u201cIn the most sought-after areas, such as near the Air Albania Stadium, a 2+1 apartment can cost up to \u20ac1,800 per month,\u201d she said.<\/p>\n
Dushku noted that strong demand is pushing landlords to raise prices.<\/p>\n
\u201cThere\u2019s high demand in Tirana, and this has encouraged property owners to increase rents, especially since more foreigners are coming to work here and look for apartments that meet European standards. In the past five years, areas like Blloku and other central neighborhoods have become almost untouchable. Five years ago, you could rent a one-bedroom near the Dry Lake area for \u20ac350 \u2014 today, you can\u2019t find anything below \u20ac600.\u201d<\/p>\n
In the capital, the supply of long-term rental apartments is shrinking. Many landlords are converting their properties into short-term tourist rentals, as the profits are higher. This trend has significantly reduced the number of available apartments for local residents, keeping the market under constant pressure.<\/p>\n
Economist Romina Radonshiqi said tourism has also contributed to the sharp rise in housing prices.<\/p>\n
\u201cThere are apartments whose prices have increased by 50% or even 100%. Tourism has played a major role, as many properties are being turned into businesses. The cost of living in Albania has become very high, and because of demand, landlords are charging much more,\u201d she stated.<\/p>\n
According to the 2023 Census, the number of Albanian families without a home of their own has risen by 87% over the past twelve years. Around 132,000 families \u2014 roughly one in six \u2014 now live in rented or borrowed homes, compared to 71,000 families in 2011.<\/p>\n","protected":false},"excerpt":{"rendered":"
Living on rent in Tirana is becoming increasingly difficult. Rental prices have surged sharply \u2014 in some areas by up to 100% \u2014 turning the housing market into a daily struggle for residents. Tourism, high demand, and the rise of short-term rentals are pushing prices to unaffordable levels for many Albanian families. The city center […]<\/p>\n","protected":false},"author":23,"featured_media":81254,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"video","meta":{"_acf_changed":false,"footnotes":""},"categories":[153,1803],"tags":[243,151],"acf":[],"yoast_head":"\n