Georgia: housing rent index up 10.9% in a year, energy up 10.5%
Georgia's housing rent index rose 10.9% over the year and energy 10.5%, far above the 5.6% headline rate, lifting rental income and running costs alike.
The facts
- In Georgia's September 2026 consumer price figures, the sub-group called actual rentals for housing rose +10.9% year on year, in a release dated 2 October 2026.
- Two further housing sub-groups rose at a similar annual pace: electricity, gas and other fuels 10.5%, and maintenance and repair of the dwelling 9.8%.
- The whole division, housing, water, electricity, gas and other fuels, rose 9.2% over the year and 0.6% over the month, and contributed 0.89 percentage points to annual inflation.
- Headline consumer prices rose 0.4% over the month and 5.6% over the year, below every one of the housing sub-groups above.
- These are consumer price index figures expressed only as percentage changes. The release prints no index level and no rent as an amount of money.
What it means for your money
- The rent index is rising faster than prices in general, at 10.9%. Running costs are rising almost as fast, at 10.5% for energy.
- What this release does not give is an entry price. There is no published national house price level and no published national rent level for Georgia at all: the national statistics office's residential property price index covers only newly built housing in the capital, so there is no national figure in it either. The direction of rental income is therefore measurable here, and the direction of the purchase price is not.
- On the income side, an individual letting residential property in Georgia is taxed at 5% of the gross rent where no expenses are claimed, with a net-basis alternative at the general income-tax rate of 20%. Because that 5% is a flat share of the gross rent, a rise in the rent raises the rent kept after tax by the same percentage.
- Whoever already lets property in Georgia sees that 10.9% in the aggregate, but also meets the 10.5% energy figure and the 9.8% maintenance figure, which fall on whichever side of the lease carries them.
What to watch
- The release gives no month-on-month figure for any individual housing sub-group, only annual ones, so what happened inside the month cannot be read from it.
- Eligibility for the 5% rate for owners who are not tax-resident in Georgia rests on local practitioner sources rather than on the text of the tax code.
- The quarterly residential property price index for the capital's new-build market is the separate release to watch for the direction of purchase prices.
Sources: Geostat, Inflation Rate in Georgia September 2026, 2 October 2026 https://geostat.ge/media/83212/Inflation-Rate-in-Georgia%2C-September-2026.pdf; Geostat, Inflation Rate in Georgia September 2026 release listing, 2 October 2026 https://www.geostat.ge/en/single-news/3862