New Residential Market in Iași: Moderate Price Growth Keeps the City Among Romania’s Most Affordable

New Residential Market in Iași: Moderate Price Growth Keeps the City Among Romania’s Most Affordable

New Residential Market in Iași: Moderate Price Growth Keeps the City Among Romania’s Most Affordable 2560 1440 ROMANIA PROPERTY CLUB

In April 2026, the average asking price for new apartments in Iași reached EUR 2,053 per sqm usable area, marking a 15% year-on-year increase, according to the Imobiliare.ro Index. Despite this upward trend, Iași continues to be one of the most affordable residential markets among Romania’s major cities.

For comparison, the average asking price for new apartments stands at EUR 3,434/sqm in Cluj-Napoca, EUR 2,717/sqm in Brașov, EUR 2,245/sqm in Timișoara, and EUR 2,632/sqm in Bucharest. The only major city with a comparable price level is Constanța, where the average reaches EUR 2,112/sqm.

At the same time, the supply of newly built homes in Iași declined significantly during the first part of 2026, falling 43% compared with the same period last year. Around 1,240 new apartments were available for sale during the first quarter of 2026.

The city’s highest residential prices are recorded in the Ultracentral area, where average asking prices exceed EUR 3,100/sqm, followed by the Copou district at approximately EUR 2,800/sqm. Meanwhile, Bucium, Dacia, and Mircea cel Bătrân remain the city’s most affordable residential neighbourhoods, with average asking prices below EUR 1,800/sqm.