Official Stats Update: Home Rental Rates in Hungary Rise By 10.5%

  • 13 Jun 2024 8:56 AM
  • Hungary Matters
Official Stats Update: Home Rental Rates in Hungary Rise By 10.5%
Home rental rates in Hungary rose by an annual 10.5% in May, data compiled by the Central Statistics Office (KSH) from listings site Ingatlan.com show.

Rental rates in the capital increased by 10.8%. In a month-on-month comparison, home rental rates edged up by 0.7% for the whole country and climbed 1.4% in Budapest.

The monthly rental rate for a flat in the capital averaged 235,000 forints (EUR 586) in H2 2023.

A home in a large city in the west of the country could be rented for 170,000 forints/month.

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