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Bydgoszcz Sees Developer Boom, Rising Prices, and Tight Rental Market

REAL ESTATEBydgoszcz Sees Developer Boom, Rising Prices, and Tight Rental Market

According to data from Otodom, the number of available new-build apartments in Bydgoszcz has surged by over 50% year-on-year, with average prices reaching PLN 11,300 per square meter. Meanwhile, resale apartments in the city remain the most affordable among emerging regional markets, averaging PLN 8,400 per square meter. The rental market is also heating up, although the number of listings has dropped by 25% over the past year.

Each real estate market has its own local character, and this time the spotlight is on Bydgoszcz—a city attracting investors while also feeling growing price pressure. Here’s a closer look at the availability, pricing, and dynamics of the sales and rental segments in Poland’s eighth-largest city.


More Apartments on the Market, But Prices Keep Climbing

Developers are showing strong confidence in Bydgoszcz. Between January and May 2025, they introduced 815 new apartments—almost four times more than in the same period last year. As a result, over 2,600 units were on offer in May, a 51% year-on-year increase—a sign of investor optimism.

However, rising supply hasn’t translated into greater affordability. Average prices for new apartments now stand at PLN 11,300 per square meter, up more than PLN 1,100 from last year. This places Bydgoszcz among the top three most expensive emerging housing markets, behind only Szczecin and Lublin.

Demand appears to be tapering in response. In the first five months of 2025, developers sold 588 units, a 27% drop year-on-year. Otodom Analytics data shows that final transaction prices were PLN 670 lower on average than advertised prices, indicating increased buyer caution, stronger selectivity, and more frequent price negotiations.

At the current pace of sales, it would take developers over 1.5 years to sell off existing inventory. The sales absorption rate now stands at 7.1 quarters, slightly above the market equilibrium range of 4–6 quarters—highlighting a supply-demand mismatch.

“Developers in Bydgoszcz are becoming more cautious, which is reflected in GUS data. In the first four months of this year, the number of building permits issued dropped by 31%, and the number of new construction starts and completed units nearly halved compared to the same period last year. This is a clear sign that the market is cooling and adjusting to real demand,” explains Agata Stachowiak, housing market expert at Otodom.


Resale Market Remains Price-Competitive

While new-build prices have surged, the resale market remains more accessible—though affordability is fading here as well. Still, Bydgoszcz continues to offer the lowest average resale prices among emerging Polish markets, at PLN 8,400 per square meter. For comparison:

  • Kielce: PLN 9,400/m²
  • Rzeszów: PLN 11,000/m²

Larger resale units (over 90 m²) are even more affordable, with an average of PLN 7,400/m², while smaller flats (under 40 m²) are more expensive at PLN 8,900/m².

The number of resale listings remains stable: in May, buyers could choose from 2,600 offers, roughly the same as a year ago.


Rental Demand Grows, Listings Shrink

In May, prospective tenants in Bydgoszcz had access to just 400 rental listings on Otodom, a 25% drop year-on-year. What’s behind this sharp decline?

“Bydgoszcz is investing in tourism and riverside services, attracting not only tourists but also long- and short-term tenants. This could signal growing competition among renters, but also a shrinking supply of available rental units,” says Stachowiak.

Rental demand is clearly on the rise. In May:

  • Searches for rental apartments were 14% higher than six months ago
  • And 9% higher than in May 2024

Rents are also increasing. The average monthly rent in Bydgoszcz reached just under PLN 2,200, representing a 5% rise since December and a 10% increase year-on-year.


Source: Manager+

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