• Home
• Channel: Property
• Property Rental Prices Fall By 10% In Hungary

Property Rental Prices Fall By 10% In Hungary

• 28 Jul 2020 7:46 AM
• Hungary Matters

Real estate rental fees are falling nationwide, with prices down by an average 10%, at around 150,000 forints (EUR 433) in Budapest and 100,000-110,000 in university cities, an expert of real estate site ingatlan.com said.

The number of searches for rental flats grew by 38% in annual comparison in the peak period after the publication of university admission thresholds, László Balogh said.

The fall in prices was driven by the effects of the novel coronavirus crisis and considerations of digital education being resumed in the new academic year, he said.

Meanwhile, property prices have not changed, Balogh added.

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Rental Prices

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports

Rent in Budapest Skyrocketing - Where's Most Expensive and Cheapest?

• 17 Apr 2024 5:45 AM

According to the Central Statistical Office (KSH) and the ingatlan.com rent index, rent prices were 11.7 percent higher in the country and 12.4 percent higher in the capital in March compared to a year earlier.



Budapest Rental Prices Expected to Rise by Over 10% This Year

• 10 Jan 2024 8:11 AM

Rents in Budapest have increased by 19% in a year, fuelled mainly by record high inflation, Rentingo.com says in its latest analysis of the market.



Top 10 Districts for Expats to Live in Budapest

• 19 Jun 2023 3:47 PM

In terms of location and attractions, the most popular neighbourhoods for expats to live in Budapest are Districts V, VI, VII and XIII in Pest, and Districts I, II, XI and XII in Buda.



University Town Rents, Real Estate Prices Rise in Hungary

• 3 Aug 2022 11:02 AM

Both rental and apartment prices in university towns have risen significantly, according to the Takarék Index, an analysis of the Takarék Jelzálogbank of Magyar Bankholding, writes profitline.hu