Chodov / Michle (established, ~€252/sqm/yr · ≈ $25.3 PSF/yr USD) is one of 5 Prague Class A submarkets we track.

  • Chodov / Michle sits at established tier.
  • Average rent €252/sqm/yr · ≈ $25.3 PSF/yr USD vs city average 312.
  • Compared submarkets: Nové Město (trophy), Karlín (prime), Smíchov (prime).

Chodov / Michle vs other Prague submarkets

Chodov / Michle (established, ~€252/sqm/yr · ≈ $25.3 PSF/yr USD) is one of 5 Prague Class A submarkets we track.

TL;DR

  • Chodov / Michle sits at established tier.
  • Average rent €252/sqm/yr · ≈ $25.3 PSF/yr USD vs city average 312.
  • Compared submarkets: Nové Město (trophy), Karlín (prime), Smíchov (prime).

Side-by-side with peers

**Nové Město** (trophy, €360/sqm/yr · ≈ $36.1 PSF/yr USD) — Heritage CBD trophy core. **Karlín** (prime, €348/sqm/yr · ≈ $34.9 PSF/yr USD) — Post-2010 mixed-use frontier. **Smíchov** (prime, €312/sqm/yr · ≈ $31.3 PSF/yr USD) — Western Class A and tech corridor. **Pankrác** (prime, €288/sqm/yr · ≈ $28.9 PSF/yr USD) — Southern suburban Class A spine.

Key facts

cityPrague
submarketChodov / Michle
tierestablished
averageRentLocal€252/sqm/yr · ≈ $25.3 PSF/yr USD
cityClassARentUsd$31/sqft/yr
cityVacancyPct7.6%

Frequently asked questions

What other submarkets compete with Chodov / Michle in Prague?
Nové Město, Karlín, Smíchov

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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