Renting a well-appointed home in Kazakhstan has risen in price by 14.6% over the year, while the sale price of new housing increased by 10.4%, and that of resold flats by 7.1%. At the same time, in some cities the growth in rental rates turned out to be significantly above average: in Petropavlovsk it reached 31%, and in Pavlodar — 28.3%.
WHAT IS HAPPENING IN THE HOUSING MARKET
According to data from the Bureau of National Statistics, in October 2026 prices in the housing market continued to rise, but the dynamics varied depending on the segment.
Over the month, the sale price of new housing increased by 0.5%, and that of resold flats by 0.1%. At the same time, the rental of well-appointed housing, by contrast, fell in price by 0.6% compared with September.
Over the year, renting rose in price by 14.6%, new housing by 10.4%, and second-hand housing by 7.1%.
For January–October 2026, compared with the same period in 2025, new housing rose in price by 14.2%, flats on the secondary market by 10.4%, and the rental of well-appointed housing by 13.6%.
IN WHICH CITIES DID RENTS RISE THE MOST
The highest annual growth in the cost of renting well-appointed housing was recorded in Petropavlovsk — 31%. Second place went to Pavlodar — 28.3%.
A notable increase was also recorded in Aktobe Region and the city of Aktobe — 13.4%, Almaty — 14.2%, Astana — 20.1% and Ust-Kamenogorsk — 17.1%.
At the same time, in some cities the growth was more moderate. For example, in Uralsk renting rose in price by 4.7%, in Shymkent — by 8.7%, and in Aktau — by 6.5%.
Thus, the nationwide figure does not reflect the same dynamics in all cities: the difference between individual regions exceeds 26 percentage points.
WHERE THE COST OF FLATS ROSE THE MOST
In the new housing sales market, the leader in annual growth was Turkestan, where the index increased by 19.4%. In Aktobe the figure was 18.7%, in Almaty — 14.3%, in Kokshetau — 12.7%.
On the secondary market, the most notable growth was recorded in Kokshetau — 16.1%. This is followed by Kostanay — 10.3%, Kyzylorda — 10% and Pavlodar — 9.7%.
In some cities the dynamics were significantly weaker. For example, the resale of flats in Zhezkazgan rose in price over the year by 1.3%, and in Taraz — by 1.9%.
HOW MUCH A SQUARE METRE OF HOUSING COSTS
Across Kazakhstan, a square metre of new housing cost an average of 629,463 tenge, and a flat on the secondary market — 639,009 tenge. The average cost of renting well-appointed housing was 5,451 tenge per square metre.
The highest prices for new housing were recorded in Almaty — 746,673 tenge per square metre and Astana — 746,490 tenge. On the secondary market, Almaty also took first place: 756,330 tenge per square metre. In the capital the figure was 742,709 tenge.
Renting was most expensive in Astana — 6,352 tenge per square metre. In Almaty it was 6,288 tenge.
WHERE HOUSING IS CHEAPER
Among the cities with the lowest average prices for new housing, Uralsk stands out — 349,668 tenge per square metre. In Aktobe the figure was 372,750 tenge, in Kokshetau — 376,843 tenge.
On the secondary market, the lowest prices were recorded in Kyzylorda — 346,276 tenge per square metre, Taraz — 350,755 tenge and Aktau — 353,675 tenge.
The lowest cost of renting was recorded in Taraz — 2,617 tenge per square metre, as well as in Turkestan — 2,914 tenge.
