Toruń property market: prices, rents and yields in 2026

In Q3 2026, the average asking price of an apartment in Toruń is €2,231.8/m² (CASAFARI Area Insights, asking prices from indexed listings, not transaction prices), up 9.7% on Q3 2025 but flat against Q2 2026. Asking rents average €11.3/m² a month, giving an indicative gross yield of about 6.1%. This is a domestic, owner-occupier market in a UNESCO-listed university city of about 193,000 people, roughly 45 km from Bydgoszcz, where the 2025 price run-up has now paused.

Latest asking prices for apartments in Toruń

Every September, parents from across northern Poland and the diaspora abroad look at 35 m² studios in the leafy streets of Bydgoskie Przedmieście, five minutes by tram from the Nicolaus Copernicus University (UMK) campus, for a child starting the academic year in October. What surprises many who also watch Warsaw or Gdańsk is that the average asking price per square metre in Toruń sits at €2,231.8 in Q3 2026, while the indicative gross rental yield still clears 6%.

The ticker above tracks the average asking price per m² of apartments from indexed portal listings in CASAFARI Area Insights (location id 6283486, queried 23 October 2026), with statistical outliers excluded. Because CASAFARI standardises European markets into euros while Polish property trades in złoty (PLN), buyers pricing a deal locally should convert using the current Narodowy Bank Polski exchange rates.

Where is Toruń and who buys there?

For a reader who knows Warsaw and the Tri-City but is less familiar with the Kujawsko-Pomorskie voivodeship, Toruń sits on a broad bend of the Vistula river in north-central Poland. It is famous for its intact Brick Gothic Old Town—a UNESCO World Heritage site—and as the birthplace of Nicolaus Copernicus, whose name the university carries. Toruń shares the role of regional capital with Bydgoszcz, 45 km to the west: the regional governor sits in Bydgoszcz, while the voivodeship assembly (sejmik) meets in Toruń. The A1 motorway connects the city north to Gdańsk and south towards Łódź, with the main railway hub, Toruń Główny, sitting across the river from the medieval centre.

According to GUS Local Data Bank population figures for Toruń, the city had 192,784 residents on 31 December 2025, down from its historical peak of 211,955 in 1999 and 3.0% lower than in 2020. The city is shrinking slowly, which means long-run housing demand rests on household formation, regional in-migration from smaller towns in the powiat, and the constant renewal of the student body rather than raw population growth.

The buyer profile is overwhelmingly domestic. Transactions are driven by local families upgrading, parents buying small flats for UMK students, and regional investors holding one to three rental units. According to MSWiA figures on foreign purchases of apartments in 2025 published in spring 2026, foreign nationals bought 17,720 apartments across Poland in 2025—roughly one in fourteen sales nationally—but almost all of that volume went to Warsaw, Kraków, Wrocław and Gdańsk, with no separate breakdown published for Toruń. It is not a second-home market; non-resident demand is limited to a small number of Old Town apartments operated as short-term lets.

Each residential district serves a distinct segment of this local market:

• Jar, Stawki, Wrzosy and Jakubskie Przedmieście: the main zones for modern developer-built estates and young families looking for new-build stock with parking.
• Rubinkowo, Na Skarpie and Mokre: large late-20th-century housing estates and central secondary stock offering liquid, lower-ticket two- and three-room flats.
• Bydgoskie Przedmieście, Chełmińskie Przedmieście and Bielany: historic tenement streets and campus-adjacent blocks that anchor the student and young-professional rental market.

For the wider national picture, see our guide to the Polish property market.

How have prices moved since 2025, and why does the series start there?

Walking through the six quarters of active coverage in CASAFARI Area Insights shows a rapid climb in 2025 followed by a plateau in 2026:

Quarter	Average asking price (€/m²)	Quarter-on-quarter change
Q2 2025	€1,899.6	—
Q3 2025	€2,033.9	+7.1%
Q4 2025	€2,131.9	+4.8%
Q1 2026	€2,186.2	+2.5%
Q2 2026	€2,231.9	+2.1%
Q3 2026	€2,231.8	0.0%

Over the full six-quarter window from Q2 2025 to Q3 2026, average asking prices rose by 17.5%, with year-on-year growth at 9.7% between Q3 2025 and Q3 2026. Between Q2 2026 and Q3 2026, however, the average moved from €2,231.9/m² to €2,231.8/m² (0.0%), confirming that the 2025 run-up has paused.

A note on data honesty: in the raw CASAFARI database for Toruń, the sale figure of €1,771.6/m² is repeated from Q1 2023 to Q1 2025, and the rent figure of €9.5/m² is repeated from Q1 2024 to Q1 2025. Those early quarters are placeholders from sparse listing coverage rather than a flat market, so CASAFARI states this openly and excludes them from trend calculations and charts.

Keep in mind that the latest quarter (Q3 2026) may still be revised slightly as open listings close, and that because the series is denominated in euros, part of any quarterly percentage movement reflects PLN/EUR exchange-rate shifts rather than local złoty re-pricing. You can compare this trajectory with CASAFARI's property market trends across Europe.

How does Toruń compare with the official Polish price index?

Official Polish housing statistics measure completed sales from notarial deeds rather than portal listings. According to the GUS residential price index for Q2 2026 (published on 1 October 2026), transaction prices for residential premises across Poland rose by 6.3% year on year and 1.5% quarter on quarter in Q2 2026. At the regional level, the GUS voivodeship price indices for Q1 2026 (announced on 2 July 2026) recorded a 1.5% quarter-on-quarter increase in the Kujawsko-Pomorskie voivodeship, compared with 2.3% nationally in that quarter.

Put side by side with CASAFARI's +9.7% year-on-year asking-price figure for Toruń in Q3 2026, the two series serve different purposes. CASAFARI captures what sellers in the city are asking today in euros; Statistics Poland (GUS) captures what buyers across the whole country or voivodeship actually paid in złoty one to two quarters earlier. The gap between the two is a reading aid for the spread between expectations and closed deeds, not proof that Toruń is outperforming the national average.

Readers benchmarking secondary Polish cities against the major hubs can compare these figures directly with our Warsaw property market guide and our Gdańsk property market guide.

What do rents and gross yields look like for an investor?

In the rental market, CASAFARI Area Insights shows average asking rents in Toruń rising from €10.2/m² a month in Q2 2025 to €11.0/m² in Q3 2025 and €11.3/m² in Q3 2026. That represents a 10.8% increase over the six real quarters of coverage, but a gentler 2.7% rise year on year between Q3 2025 and Q3 2026. Rents have lagged sale prices since the middle of 2025.

Combining the two asking series (12 × monthly asking rent ÷ asking price per m²) produces the following indicative gross rental yield trajectory:

• Q2 2025: 6.4%
• Q3 2025: 6.5%
• Q4 2025: 6.1%
• Q1 2026: 6.0%
• Q2 2026: 6.0%
• Q3 2026: 6.1%

Yields compressed by about 40 basis points in late 2025 as asking prices rose faster than rents, before stabilising around 6.0%–6.1% through 2026. These are gross indicative figures before vacancy, municipal taxes, building service charges (czynsz administracyjny) and agency fees.

Tenant demand is anchored by UMK students, staff at the university hospitals and public institutions, young local professionals, and Ukrainian and Belarusian residents working or studying in the city. The most liquid rental units are compacts and two-room flats in Bydgoskie Przedmieście, Chełmińskie Przedmieście and near the Bielany campus.

Before bidding on a rental unit, investors can explore CASAFARI tools for property investors and check a specific asking price with Comparables against similar active and delisted apartments on the same street.

What rules, taxes and permits apply to a buyer from abroad?

Buying a flat in Poland is a formal process centred on the civil-law notary (notariusz), who verifies title in the electronic land and mortgage register (księga wieczysta) and collects transfer taxes at signing. Whether a foreign national needs a permit from the Ministry of the Interior (MSWiA) depends on nationality and property type, so non-EEA buyers should always ask their notary to confirm the current permit position before signing a preliminary contract.

On the tax side, secondary-market resales and new-build units follow different rules, as detailed in the guide to PCC transfer tax on apartments reflecting the legal status in July 2026:

• Secondary-market purchases (PCC): Buyers pay a 2% tax on civil-law transactions (Podatek od czynności cywilnoprawnych), calculated on the market value of the apartment and collected by the notary. Since 31 August 2023, individuals buying their very first home are exempt from the 2% PCC. Conversely, since 1 January 2024, a higher 6% PCC rate applies when a buyer purchases a sixth or subsequent apartment on the same land plot.
• New-build purchases (VAT): Flats bought directly from a developer are exempt from PCC because the price already includes Value Added Tax—8% VAT for residential units up to 150 m², and 23% VAT on the portion above that threshold.

If you plan to let an apartment to tourists in Toruń's UNESCO Old Town, note a major legislative shift. On 8 October 2026, the lower house of Parliament (Sejm) passed an amendment to the Hotel Services Act by 407 votes to 24, with 9 abstentions, as covered in the report on the Sejm vote on the short-term rental act. The bill creates a central public register (CWTON), requires a registration ID on every portal listing, sets fines of up to 50,000 PLN for unlabelled or unregistered lets, and empowers housing communities, cooperatives and municipalities to ban short-term letting from 1 January 2028. As of 23 October 2026, the act was before the Senate and not yet in force. In Toruń, this regulation primarily concerns a small circle of Old Town investment flats rather than the broader residential market.

Practically, all transactions settle in Polish złoty, and non-resident buyers without Polish-sourced income face strict affordability checks from local mortgage banks, making cash the standard route for cross-border buyers.

What could go wrong: the risks worth weighing

Toruń is a calm, transparent market, not a speculative boomtown, and its risks reflect that character:

• A young data series: Six real quarters of CASAFARI coverage (Q2 2025 to Q3 2026) are enough to show where listings sit today, but too short to map a full property cycle. Do not extrapolate the 2025 surge forward.
• Demography: With 192,784 residents at the end of 2025 (GUS), down from 211,955 in 1999, long-term demand relies on the university and regional migration rather than natural population growth.
• Mortgage sensitivity: Local owner-occupiers depend on domestic złoty mortgages. The 2025 price rise coincided with easing credit conditions, and two flat quarters in Q2 and Q3 2026 suggest buyers have reached a near-term affordability ceiling.
• Asking versus closing spread: Listing prices sit above final notarial deed prices; always build a negotiation margin into yield models.
• Currency noise: Studying an euro-denominated series for a złoty market means PLN/EUR fluctuations can amplify or mute local price changes.
• Short-term rental rules: The October 2026 Hotel Services Act amendment, once in force, and potential community bans from 2028 could prompt some Old Town short-stay hosts to move their flats onto the long-term rental or resale market.

How to track Toruń with CASAFARI data

Analysts, relocation advisers and proptech teams can query the exact dataset behind this guide programmatically. In CASAFARI's Location Lookup, 'Toruń' resolves to location id 6283486, which you can pass directly to the Area Insights endpoint or query in plain language through Casafari MCP for querying Area Insights from an AI assistant.

API and MCP calls consume tokens according to your plan. To review endpoints, parameters and response schemas, read the Area Insights API documentation (English) and the Comparables and valuation documentation (English). Teams benchmarking dozens of secondary Polish and European cities at scale can also use Data Services for bulk market data.

Whether you are sense-checking a single studio near the UMK campus or building a regional valuation model for Kujawsko-Pomorskie, you can create a CASAFARI account on the platform and inspect live listing data across Toruń in a few clicks.