Georgia's National Statistics Office (Geostat) has released its Residential Property Price Index for the third quarter of 2026. The index follows the prices of newly built homes in Tbilisi.
The figures
- All new homes: up 1.5% on the previous quarter and 5.9% on the third quarter of 2025.
- Flats: up 1.2% on the quarter and 5.6% on the year.
- Detached houses: up 2.7% on the quarter and 7.0% on the year.
Compared with the 2020 average, new homes in Tbilisi now cost 66.2% more (flats 63.1%, houses 72.7%).
What it does and does not tell you
The index covers purchase prices of new residential property in the capital only. It does not measure rents, older flats or other cities. For students, it is a sign of a busy housing market in Tbilisi, where most international students live, and a reason to plan accommodation early rather than a guide to what a room will cost.
Planning your housing
Rents depend on the district, the size of the flat, furniture and how close it is to your university. Arranging housing before you arrive saves time and avoids rushed decisions in your first weeks.
Key points
- New-build home prices in Tbilisi rose 1.5% on the quarter and 5.9% on the year (Q3 2026).
- Flats were up 5.6% and detached houses 7.0% year on year.
- Prices are 66.2% above the 2020 average.
- The index covers new homes for sale in Tbilisi only, not rents.
Let us find your place: our Apartments service shows listings in student cities, and your consultant can arrange housing before you arrive.
Source
- Residential Property Price Index – III quarter of 2026National Statistics Office of Georgia (Geostat) · Oct 23, 2026
Written by the Study and Work Abroad team in our own words from the sources above. Rules change often: before you apply, ask us to check the current rules for your case.
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