Nicosia is Cyprus's administrative centre and its largest city, with a steady, year-round rental market that does not depend on tourist seasons. The city also has the most affordable rents on the island: the median sits at around €11/m²/month, compared to €23/m² in Limassol (figures based on Bazaraki listings, September 2026). A two-bedroom apartment typically rents for €800–€1,200 per month (median €900), while studios start at €500–€650 (median €600). Bazaraki.com lists apartments, houses, offices, and commercial spaces to rent in Nicosia from private landlords and professional agents.
Strovolos is the most in-demand residential suburb, well connected and good for families. Engomi and Makedonitissa attract professionals; the area around the University of Cyprus in Aglantzia draws students; Latsia and Lakatamia offer larger homes at the lower end of the range. One-bedroom apartments rent for €600–€800 (median €700); three-bedroom units for €1,000–€1,700 (median €1,250). Use the filters and map to compare areas, then contact the landlord directly.
Nicosia has no beach, but compensates with the best schools on the island, strong healthcare, and good road connections throughout Cyprus. The rental market does not soften in winter, because demand comes from jobs rather than holidays. Office rentals along the Makarios Avenue corridor are much cheaper than equivalent space in Limassol, and the gap between median and average rents is small, meaning prices are predictable and consistent.
A house in Nicosia typically rents for €2,000 a month, and most fall between €1,300 and €3,200. At €9/m², that is the lowest rent per square metre anywhere on the island, cheaper than Nicosia apartments (€11/m²) and cheaper than houses in any other district. Families who want more space and don't mind being away from the sea will find the best prices here.
There are around 230 offices for rent in Nicosia, with a median of €1,500 a month (€750–€4,000). That is €13/m², less than half of what offices cost in Limassol (€29/m²). Shops and showrooms go for about €2,000 a month (€760–€3,500), or €11/m².
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Limassol (5156), Larnaca (1179), Paphos (788), Famagusta (196)
