The Ministry of the Interior sees the glass as equally full on the issue of rents and although these are maintained at high levels, it sees stabilization trends.
According to the ministry, the stabilizing trend has been recorded for two years, which considers that rents have reached the ceiling, so there is a prospect of their reduction.
The ministry did exercises on paper and as one of its officials told us, especially between 2025 and 2026 zero increases are recorded in all areas while the trend had already started between 2024 and 2025.
Filenews published indicative rents from all provinces and as can be seen from the relevant tables of the ministry itself, in several areas the rent asked for is unaffordable for a large portion of the population.
According to the same ministry official, the main trend in the last two years is the stabilization of prices mainly in Limassol and Paphos.
The ministry attributes the stabilizing trend (which it finds) to the measures announced by the government through the Minister of the Interior, with the aim of increasing the supply of housing.
The same ministry official indicates that the stabilizing trend should be evaluated in relation to the fact that there has been an increase in the prices of materials and fuels recently, while at the same time there has been a large increase in inflation.
The ministry also believes that the upward curve has turned into a straight line, which is the first step in decompressing prices. Checking the rent tables from 2024 onwards, the ministry comes to the following conclusions:Limassol and Paphos:
-Fixed prices for both houses/apartments in all four areas examined in the period 2024-2025
Nicosia and Larnaca: Increases in housing in Nicosia are recorded (stability is observed in apartments with the exception of Aglantzia) as well as increases for houses and apartments in Larnaca
In 2025–2026: Prices remain unchanged, so there is a horizontal trend of stabilization within the last year and a halt to the previous upward trend2-bedroom apartments: The only change in Nicosia is in Aglantzia, from €775 in 2024 to €800 in 2025, with an increase of 3.2%. In 2026, prices remain stable.
In Larnaca, respectively, there is an increase in rent prices in the Municipal Districts of Larnaca and Aradippou between 2024 and 2025 (2026 stable) from €800 to 900 (an increase of 12.5%) and 675 to 725 (an increase of 7.4%). At the same time, in other areas of Larnaca there are horizontal increases of 2%-22% such as in Livadia, Oroklini and Pyla. In the rest of the areas of the table (of the ministry) stable apartment rental prices are observed.
3-bedroom residences: The largest change from 2024 to 2025 occurs in Aglantzia (+28.6%), followed by the Municipality of Larnaca (+25.0%). In Limassol and Paphos, stability is observed in contrast to Nicosia and Larnaca. Between 2025 and 2026 prices are stable everywhere.
According to the ministry, the above demonstrates that despite the increase in pressure / demand in the market and exogenous factors, prices have stabilized without a further increase in 2025-2026, mainly due to the government's measures aimed at increasing the housing stock (supply).
The ministry observes that the performance of the measures takes some time to be reflected in the market because housing units are gradually being integrated into the housing market.
Furthermore, the ministry believes that government policy in the field of housing should be evaluated based on its objective. That is, to strengthen the supply of housing, to facilitate the development of new housing units and to gradually expand the options available to citizens.
He also believes that urban planning incentives and other housing measures should not only be judged by whether the rent in a specific area has been immediately reduced, but also by whether the conditions for more available housing are created.
It also indicates that the effectiveness of the measures must be proven by measurable results such as: New housing units, completed projects, additional supply and evolution of rents over time.
Finally, the ministry observes that the stability of prices in some areas is a positive indication, however the government expects a further improvement in affordability given that several interventions are underway.
Tables with indicative rent levels
Below, a comparative table with indicative rent levels for houses and apartments in specific areas and for a specific type:
Table with rental prices of 2-bedroom apartments (80 sq.m.) and 3-bedroom houses (150 sq.m.), together with the percentages of change for the two periods and in total.
1. 2-bedroom apartments — 80 sq.m.
Nicosia and Larnaca: Increases in housing in Nicosia are recorded (stability is observed in apartments with the exception of Aglantzia) as well as increases for houses and apartments in Larnaca
In 2025–2026: Prices remain unchanged, so there is a horizontal trend of stabilization within the last year and a halt to the previous upward trend2-bedroom apartments: The only change in Nicosia is in Aglantzia, from €775 in 2024 to €800 in 2025, with an increase of 3.2%. In 2026, prices remain stable.
In Larnaca, respectively, there is an increase in rent prices in the Municipal Districts of Larnaca and Aradippou between 2024 and 2025 (2026 stable) from €800 to 900 (an increase of 12.5%) and 675 to 725 (an increase of 7.4%). At the same time, in other areas of Larnaca there are horizontal increases of 2%-22% such as in Livadia, Oroklini and Pyla. In the rest of the areas of the table (of the ministry) stable apartment rental prices are observed.
3-bedroom residences: The largest change from 2024 to 2025 occurs in Aglantzia (+28.6%), followed by the Municipality of Larnaca (+25.0%). In Limassol and Paphos, stability is observed in contrast to Nicosia and Larnaca. Between 2025 and 2026 prices are stable everywhere.
According to the ministry, the above demonstrates that despite the increase in pressure / demand in the market and exogenous factors, prices have stabilized without a further increase in 2025-2026, mainly due to the government's measures aimed at increasing the housing stock (supply).
The ministry observes that the performance of the measures takes some time to be reflected in the market because housing units are gradually being integrated into the housing market.
Furthermore, the ministry believes that government policy in the field of housing should be evaluated based on its objective. That is, to strengthen the supply of housing, to facilitate the development of new housing units and to gradually expand the options available to citizens.
He also believes that urban planning incentives and other housing measures should not only be judged by whether the rent in a specific area has been immediately reduced, but also by whether the conditions for more available housing are created.
It also indicates that the effectiveness of the measures must be proven by measurable results such as: New housing units, completed projects, additional supply and evolution of rents over time.
Finally, the ministry observes that the stability of prices in some areas is a positive indication, however the government expects a further improvement in affordability given that several interventions are underway.
Tables with indicative rent levels
Below, a comparative table with indicative rent levels for houses and apartments in specific areas and for a specific type:
Table with rental prices of 2-bedroom apartments (80 sq.m.) and 3-bedroom houses (150 sq.m.), together with the percentages of change for the two periods and in total.
1. 2-bedroom apartments — 80 sq.m.
Province / Region Sep. 2024 Sep. 2025 Sep. 2026 Change 24→25 Change 25→26
Nicosia
Nicosia Municipality €850 €850 €850 0,0% 0,0%
Strovolos €825 €825 €825 0,0% 0,0%
Agios Dometios €725 €725 €725 0,0% 0,0%
Aglantzia €775 €800 €800 +3,2% 0,0%
Lakatamia €700 €700 €700 0,0% 0,0%
Limassol
Limassol Municipality €1.500 €1.500 €1.500 0,0% 0,0%
Agios Athanasios €1.450 €1.450 €1.450 0,0% 0,0%
Germasogeia €1.500 €1.500 €1.500 0,0% 0,0%
Agios Tikhonas €1.500 €1.500 €1.500 0,0% 0,0%
Larnaca
Municipality of Larnaca €800 €900 €900 12,5% 0,0%
Aradippou €675 €725 €725 7,4% 0,0%
Paphos
Municipality of Paphos €650 €650 €650 0,0% 0,0%
Geroskipou €600 €600 €600 0,0% 0,0%
Emba €575 €575 €575 0,0% 0,0%
Konia €700 €700 €700 0,0% 0,0%
2. 3-bedroom houses — 150 sq.m.
Province / Region Sep. 2024 Sep. 2025 Sep. 2026 Change 24→25 Change 25→26 Nicosia
Nicosia Municipality €1.200 €1.300 €1.300 +8,3% 0,0%
Strovolos €1.200 €1.300 €1.300 +8,3% 0,0%
Agios Dometios €1.025 €1.200 €1.200 +17,1% 0,0%
Aglantzia €1.050 €1.350 €1.350 +28,6% 0,0%
Lakatamia €1.025 €1.125 €1.125 +9,8% 0,0%
Limassol
Limassol Municipality €2.250 €2.250 €2.250 0,0% 0,0%
Agios Athanasios €2.250 €2.250 €2.250 0,0% 0,0%
Germasogeia €2.300 €2.300 €2.300 0,0% 0,0%
Agios Tikhonas €2.300 €2.300 €2.300 0,0% 0,0%
Larnaca
Municipality of Larnaca €1.100 €1.375 €1.375 +25,0% 0,0%
Aradippou €950 €1.075 €1.075 +13,2% 0,0%
Paphos
Municipality of Paphos €1.100 €1.100 €1.100 0,0% 0,0%
Geroskipou €950 €950 €950 0,0% 0,0%
Emba €925 €925 €925 0,0% 0,0%
Konia €1.400 €1.400 €1.400 0,0% 0,0%
Strovolos €825 €825 €825 0,0% 0,0%
Agios Dometios €725 €725 €725 0,0% 0,0%
Aglantzia €775 €800 €800 +3,2% 0,0%
Lakatamia €700 €700 €700 0,0% 0,0%
Limassol
Limassol Municipality €1.500 €1.500 €1.500 0,0% 0,0%
Agios Athanasios €1.450 €1.450 €1.450 0,0% 0,0%
Germasogeia €1.500 €1.500 €1.500 0,0% 0,0%
Agios Tikhonas €1.500 €1.500 €1.500 0,0% 0,0%
Larnaca
Municipality of Larnaca €800 €900 €900 12,5% 0,0%
Aradippou €675 €725 €725 7,4% 0,0%
Paphos
Municipality of Paphos €650 €650 €650 0,0% 0,0%
Geroskipou €600 €600 €600 0,0% 0,0%
Emba €575 €575 €575 0,0% 0,0%
Konia €700 €700 €700 0,0% 0,0%
2. 3-bedroom houses — 150 sq.m.
Province / Region Sep. 2024 Sep. 2025 Sep. 2026 Change 24→25 Change 25→26 Nicosia
Nicosia Municipality €1.200 €1.300 €1.300 +8,3% 0,0%
Strovolos €1.200 €1.300 €1.300 +8,3% 0,0%
Agios Dometios €1.025 €1.200 €1.200 +17,1% 0,0%
Aglantzia €1.050 €1.350 €1.350 +28,6% 0,0%
Lakatamia €1.025 €1.125 €1.125 +9,8% 0,0%
Limassol
Limassol Municipality €2.250 €2.250 €2.250 0,0% 0,0%
Agios Athanasios €2.250 €2.250 €2.250 0,0% 0,0%
Germasogeia €2.300 €2.300 €2.300 0,0% 0,0%
Agios Tikhonas €2.300 €2.300 €2.300 0,0% 0,0%
Larnaca
Municipality of Larnaca €1.100 €1.375 €1.375 +25,0% 0,0%
Aradippou €950 €1.075 €1.075 +13,2% 0,0%
Paphos
Municipality of Paphos €1.100 €1.100 €1.100 0,0% 0,0%
Geroskipou €950 €950 €950 0,0% 0,0%
Emba €925 €925 €925 0,0% 0,0%
Konia €1.400 €1.400 €1.400 0,0% 0,0%
