BAKU, YEREVAN, TBILISI, September 28, 2025
London has been named the most expensive city in the world for rent. A one-bedroom in London typically costs $2,700/month, and in prime central areas up to $3,100.
Just slightly cheaper is Singapore. In Washington D.C., average rent is about $2,300/month. Amsterdam is around $2,650, while in Dublin, a one-bedroom often rents for $2,200/month.
In sharp contrast, rents in Baku, Yerevan, and Tbilisi are far more affordable:
In Baku, a central one-bedroom is often in the ballpark of $300–600 USD/month, depending on building quality, amenities, and location.
In Yerevan, typical central one-bedroom apartments list for $400–550 USD/month, with more upscale units priced higher.
In Tbilisi, central 1-bedroom apartments often start in the $350–550 USD range, depending on district and condition.
These numbers underline how dramatically cheaper housing is in these regional capitals compared to global ones like London or Washington – a factor that shapes how people live, move, and develop in these cities.

