Prague currently manages nearly thirty thousand municipal apartments, offering residents a significantly more affordable housing option in the Czech capital. While privatization has almost halted compared to a decade ago, preventing further decline in municipal housing stock, the city still struggles to substantially increase available units, with only about sixty new apartments added annually.
City officials are attempting to jumpstart residential development through the Prague Development Company. “We have approximately 450 apartments in the permitting process, and we expect to receive approval for the Peroutkova apartment building with sixty units this year, potentially beginning construction next year,” stated Deputy Mayor Petr Hlaváček (STAN).
During the current electoral term, Prague has implemented or prepared several significant projects, including the Skloněná complex (152 apartments), Hotel Opatov conversion (272 apartments), Sandra dormitory (174 apartments), along with smaller developments on Moskevská (10 apartments), Korunovační (13 apartments), and O+P in Černý Most (28 apartments). The city is also supporting the construction of the Beranka house in Prague 20, which will provide 15 additional units.
The rental rates for municipal housing in Prague remain remarkably affordable at approximately 157 Czech crowns per square meter, substantially below market averages. Half of these city-owned apartments are designated for vulnerable populations including people in need, seniors, individuals with disabilities, and essential workers such as firefighters, police officers, teachers, and healthcare professionals.
While the city council directly manages one-quarter of Prague’s municipal housing, the remaining three-quarters fall under the administration of individual city districts. The largest concentrations of municipal apartments can be found in Prague 14, Prague 10, and Prague 2.