How Much Rent Can I Realistically Get for My Apartment in Tbilisi?

Every homeowner asks this question first, and the honest answer is: it depends far more on your district and finishing standard than most people expect. By late 2025 and into early 2026, the citywide picture had stabilized after two volatile years, giving owners a much clearer benchmark to work from.

According to Galt & Taggart’s monthly residential market watch, the average rent for a standard 50–60 sqm new-build apartment in Tbilisi sat at roughly $9.8–10.1 per square meter between December 2025 and February 2026. That means a typical 55 sqm apartment in an average location rents for somewhere around $540–560 a month before any premium for renovation, furnishing, or location.

That is only a starting point, though. Rent in Tbilisi varies dramatically by district — often by a factor of 1.5x or more between the cheapest and most expensive areas.

Data compiled from Galt & Taggart’s district breakdown shows Vake commanding the highest rents in the city, around $13.8 per square meter, followed closely by Mtatsminda and Saburtalo at roughly $11.7. On the other end, Samgori and Gldani trail at around $8.4 per square meter. A furnished one-bedroom in central Vake, Vera, or Sololaki now typically lets for $700–1,200 a month, while a comparable unit in Saburtalo or an outer district runs closer to $400–600.

  • Renovation quality — a turnkey, professionally finished unit consistently outperforms the district average, sometimes by 15–20%.
  • Furnishing — furnished apartments attract a meaningfully larger tenant pool, particularly expats and relocators who want to move in immediately.
  • Building type — new-build complexes with amenities (parking, security, elevators, gyms) rent faster and at a premium versus older Soviet-era buildings.
  • Floor and views — higher floors with city or mountain views can add a noticeable premium in premium districts.

Rather than anchoring to a single citywide average, compare your apartment against three or four currently listed units of similar size, condition, and location — this is the approach most Tbilisi property consultancies, including agencies like Next and ELT Group, recommend to owners before going to market. Pricing even 5–10% above comparable listings is often the single biggest reason an apartment sits empty for months.

Expect somewhere between $9 and $14 per square meter depending on your neighborhood, with premium, well-furnished units in Vake, Mtatsminda, and Saburtalo capturing the top of that range. If your building or finishing doesn’t match “new-build” standard, price closer to the lower end of your district’s range and let the data — not hope — set your number.

Data referenced: Galt & Taggart Tbilisi Residential Real Estate Monthly Market Watch (Dec 2025–Feb 2026); TBC Capital real estate research.

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