Cost of Renting an Apartment in Cyprus (2026) | Cyprus Locally

Cost of Renting an Apartment in Cyprus

Verified rental prices by city, apartment size, and location — updated with 2026 data.

Updated April 2026

Rent is the single biggest expense for most expats in Cyprus. The difference between cities is massive: Limassol now rivals mid-tier European capitals, while Nicosia and Larnaca remain genuinely affordable.

Quick Summary: Monthly Rent by City

1-bed, Nicosia center€500 – €900

1-bed, Nicosia suburbs (e.g. Lakatamia)€400 – €750

1-bed, Limassol center€900 – €1,800

1-bed, Paphos center€550 – €1,300

1-bed, Larnaca center€550 – €1,100

From a local: I rent a 1-bedroom apartment in Lakatamia (Nicosia suburbs) for €600/month. It’s a decent size with a balcony. Two years ago, this would have been €450. Rents are climbing everywhere, but Nicosia is still the most affordable major city.

Detailed Breakdown: 2-Bed and 3-Bed

Type	Nicosia	Limassol	Paphos	Larnaca
2-bed center	€700–€1,200	€1,200–€2,500	€750–€1,500	€700–€1,300
2-bed suburbs	€550–€900	€900–€1,800	€600–€1,100	€550–€1,000
3-bed center	€900–€1,600	€1,500–€3,500	€900–€2,000	€850–€1,800
3-bed suburbs	€700–€1,200	€1,100–€2,500	€750–€1,500	€700–€1,300

Why Limassol is So Expensive

Limassol has become the tech and finance hub of Cyprus. Russian, Israeli, and UK companies have set up offices there, driving demand from well-paid professionals. Expect to pay 50-100% more than Nicosia for an equivalent apartment.

What’s Included in Rent

Most rentals are unfurnished. Rent typically does not include utilities. Budget an additional €150-300/month for electricity, water, internet, and waste fees. Some newer Limassol apartments come furnished with communal pool and gym fees in building charges.

UK comparison: A 1-bed in Nicosia center (€674 avg) costs about 63% less than central London (€1,800) and roughly 40% less than Manchester (€1,100).

Tips for Finding Rentals

Main platforms: Bazaraki.com (Cyprus’s Craigslist), Facebook Marketplace, and local agents. No agency fee for tenants in most cases (landlord pays). Standard deposit: 2 months’ rent.

Frequently Asked Questions

Can I find a furnished apartment?

Yes, but they’re less common and cost 15-25% more. Limassol has the most furnished options.

What’s the typical lease length?

12 months is standard. Some landlords accept 6 months but may charge a premium.

Is rent negotiable?

Yes, especially outside Limassol. Longer leases or upfront payment can get you 5-10% off.

Written by a local · Last updated April 2026 · Calculators & Tools