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Home Rental Rates Rise 23%

• 30 Aug 2022 8:53 AM
• Hungary Matters

Average rental rates in Hungary rose by an annual 23% this July, the latest data compiled by the Central Statistical Office (KSH) from listings site Ingatlan.com show. Home rental rates in the capital increased by 25%.

In a month-on-month comparison, home rental rates rose by 2.3%. The increase in the capital was 3%.

The monthly rental rate for a flat in the capital averaged 183,000 forints (EUR 450) in the first half of the year.

In the west of the country, a similar size flat could be rented for 136,000 forints per month.

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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.

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