In July 2026, the average rental rate for a standard-sized apartment (50–60 sq. m) in Tbilisi rose to $10.1 per square meter. Compared to June, the indicator increased slightly — by only 0.3%, which indicates stability in the capital's residential real estate market. The data were obtained from the monthly report of Galt & Taggart, a company specializing in real estate market analysis.
Regional Differences in Rental Prices
Rental rates in Tbilisi vary significantly depending on the district. According to the Galt & Taggart report, the most expensive apartments are rented in prestigious central areas:
- Vake — $15.1 per sq. m (the most expensive district);
- Mtatsminida — $13.0 per sq. m;
- Saburtalo — $11.4 per sq. m;
- Krtsanisi — $10.8 per sq. m;
- Isani — $10.2 per sq. m.
The most affordable rent remains on the outskirts of the capital. In Samgori, the price is $8.5 per sq. m, in Gldani — $8.6, and in Didi Digomi — $8.7 per sq. m. Thus, the difference between the most expensive and cheapest district reaches almost 80%.
Tbilisi as a Regional Investment Center
The return on rental income from apartments in Tbilisi is 8.5% per annum, which allows Georgia's capital to rank third in the region. Only Ankara leads with a return of 9.5% and Tashkent — 8.7%. Tbilisi outperforms major centers such as Astana (8.1%), Yerevan (7.3%), and Baku (5.1%).
Compared to European cities, Georgia's capital demonstrates significantly higher potential for investors. The return on real estate in Tbilisi almost doubles the figures for Bucharest (4.3%), Riga (4.2%), Vienna and Sofia (3.9% each), which makes it an attractive investment asset.
Rental Income Compared to Bank Deposits
Analysts also compared the rental income yield with bank deposit rates. The rental income return (8.5%) is almost four times higher than the rate on deposits in US dollars (2.4%). However, deposits in Georgian currency remain slightly more attractive — their rate is 9.6% per annum, which is 1.1 percentage points higher than the return on residential real estate investments.