Property Rental Prices Rising Nationally

  • 13 May 2022 12:22 PM
  • Budapest Business Journal
Property Rental Prices Rising Nationally
There is a significant rise in prices in the national rental market, according to

In one year, the average rent in the capital increased by 35% to HUF 175,000; in most county seats, the increase was 8-33%.

The significant rise in rents can be partly explained by the significant decline in supply; there were just over 10,000 apartments available for rent in May this year, which corresponds to a 49% decrease in one year.

The yield available in the rental market has almost halved over a seven-year period, which is also holding back supply.

  • How does this content make you feel?

XpatLoop Media Partner

Budapest Business Journal

Hungary's largest and oldest source of business and financial news in English. Since 1992 it has presented essential information on Hungarian business life, including international analyses about the country. These days the BBJ newspaper is published every other week, while it releases daily business news online including premium paid content.