In 2026, the key drivers of Poland’s real estate market are migration, urbanisation, and limited housing supply in major cities. As a result, renting is becoming the primary housing solution for a significant share of households.

👥 The main driver of demand is migration. According to European statistics, around 969,000 people under temporary protection were residing in Poland at the end of 2025. Most of them are concentrated in cities with strong economies and infrastructure.

Demand is further supported by population concentration in major urban areas. Warsaw, Kraków, Wrocław, and Gdańsk continue to attract workforce and students. Even with gradual integration, a significant share of tenants remains in the rental segment for extended periods, supporting occupancy levels.

🏗️ At the same time, supply remains limited. Development activity does not fully keep pace with demand, and some projects are being postponed due to financing and construction costs. In these conditions, the market adjusts through higher rents and reduced affordability.

💰 Rental data shows that after a sharp increase in previous years, the market is stabilising but remains at an elevated level. The average rent in Poland in 2025 was around PLN 3,600, which is significantly higher than pre-2021 levels. This indicates that a new price baseline has been established.

📊 The current market structure is shaped by several factors:

— migration is driving устойчивый demand in major cities;
— urbanisation is increasing tenant concentration in economic centres;
— mortgage affordability remains limited for part of buyers;
— renting is becoming a long-term solution rather than a temporary stage.

💼 This shift leads to a more selective investment environment. Rental growth is no longer the primary driver of returns. Asset quality and the ability to maintain occupancy become more important.

This is reflected in several aspects:

— returns increasingly depend on specific locations and property types;
— liquidity at exit becomes as important as rental income;
— overall market growth plays a smaller role in generating profit.

📊 Average gross rental yields are estimated at around 5–6%, although actual returns depend on taxes, vacancy periods, and management costs.

🧭 Strong rental demand in Poland creates a stable foundation for investment, but it does not guarantee returns. In a stabilising market, asset selection becomes more important, and mistakes are no longer offset by general market growth.

📩 In these conditions, the key factor is not the purchase itself, but selecting the right property: location, type of asset, rental model, and expected liquidity. On our platform, you can find a wide range of investment properties in Poland offered by our partners.