Cian Reveals What's More Profitable: Renting Out an Apartment or Having a Bank Deposit
The Cian company conducted a study of the profitability of housing rentals.
It turned out that it is much more profitable to have a deposit in a bank.
RIA Novosti reports this, citing the conclusions made by experts.
The company conducted a comparative analysis of the rental costs of one-room apartments rented out in cities with a population of over 500 thousand people.
As it turned out during the study, the average level of profitability from renting out a one-room apartment for July 2024 is about 6.6%. In some cities, this figure is 8-9%.
Moreover, this indicator increased by 0.8% compared to July 2023. Due to the increase in rent, the profitability indicator also increased.
At the same time, many financial institutions now offer bank deposits with a yield of about 19%.
Thus, experts came to the conclusion that in most Russian cities, having a bank deposit is three times more profitable than renting out a one-room apartment.
