Amsterdam is set to maintain its position as Europe's most expensive city for apartment rentals in 2025, with median costs reaching 2,500 euros per month for a furnished unit. This figure is double the rent in Prague and significantly higher than other major European capitals like Paris, Berlin, and Madrid. The stark difference in rental costs across European cities reflects broader economic trends, housing policies, and the complex interplay between supply and demand in urban centers. Factors driving rental costs across Europe The disparity in rental prices across European cities can be attributed to various factors. In countries like Switzerland, Germany, and Austria, a higher proportion of the population lives in rental housing. This trend contributes to increased demand and potentially higher living costs in these nations. Conversely, many Eastern and Southern European countries have homeownership rates exceeding 90 percent, which may help keep rental prices lower in those regions. Housing affordability and market dynamics The relationship between housing prices and rental rates varies significantly across Europe. As of 2024, countries like Turkey, Iceland, Portugal, and Hungary had the highest house price to rent ratio indices. This indicates a widening gap between property values and rental costs since 2015. The affordability of homeownership versus renting differs greatly among European nations, with some countries experiencing rapid increases in property values that outpace rental growth. These market dynamics influence rental costs and contribute to the diverse rental landscape observed across European cities.

In 2024, the most expensive residential rental market in Europe was Luxembourg with rental costs of approximately *****euros per square meter.Paris and Dublin followed with rental costs of ***and *****euros per square meter. Rents increased across most markets - a trend that could also be observed in the housing market. How much does an apartment cost in different European cities? Renting a furnished studio apartment in some of the leading cities in Europe can cost anywhere between *** euros monthly (Budapest) and ***** euros (Amsterdam) per month. For a furnished one-bedroom apartment in Paris, France, one may be expected to pay on average ***** euros monthly. Which countries have the most affordable housing? The house price to rent ratio is an indicator of the affordability of owning housing over renting across European countries and is calculated as the nominal house prices divided by a rent price index. The higher the ratio, the more the gap between house prices and rental rates has widened since 2015 when the index base was 100. As of the first quarter of 2025, Finland, Italy, and Romania had the lowest house price to rent ratio, meaning that buying a house was most affordable there compared to renting.

This dataset provides values for PRICE TO RENT RATIO reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Turkey, Russia, Portugal, and Latvia were the countries with the highest house price-to-rent-ratio in the ranking in the second quarter of 2024. In all three countries, the ratio exceeded *** index points, meaning that house price growth had outpaced rents by over ** percent between 2015 and 2024. What does the house-price-to-rent ratio show? The house-price-to-rent-ratio measures the evolution of house prices compared to rents. It is generally calculated by dividing the median house price by the median annual rent. In this statistic, the values have been normalized with 100 equaling the 2015 ratio. Consequentially, a value under 100 means that rental rates have risen more than house prices. When all OECD countries are considered as a whole, the gap between house prices and rents was wider than in the Euro area. Measures of housing affordability The national house-price-to-rent ratio may not fully reflect the cost of housing in a particular country, as it does not capture the price variations that can exist between different regions. It also does not take into consideration the relationship between incomes and housing costs, which is measured by the house-price-to-income and household-rent-to-income ratios. Taking both these factors into account uncovers vast differences in housing affordability between different regions and different professions.

The United Kingdom (UK) is the most expensive European country for prime industrial rent. The monthly rent for industrial space in London Heathrow in the second quarter of 2025 cost **** euros per square meter. Switzerland, Norway, and Ireland, were the other European countries where the average annual cost of industrial prime rents in the capital city exceeded one ***euros per square meter.

Virginia (VA) has the 19th highest rent in the country out of 56 states and territories. The Fair Market Rent in Virginia ranges from $701 for a 2-bedroom apartment in Grayson County, VA to $1,765 for a 2-bedroom unit in Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area.

For FY 2024, the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area (Arlington County) rent for a studio or efficiency is $1,772 per month and $3,015 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Virginia is $1,056 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Virginia is around 2,038,847 people. So, there are around 305,827 people in Virginia who could be receiving housing benefits from the HUD. For FY 2025, the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area (Arlington County) rent for a studio or efficiency is $2,012 per month and $3,413 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Virginia is $1,059 per month.

Israel Rental Prices: Avg: Rehovot data was reported at 4,568.300 ILS in Dec 2024. This records an increase from the previous number of 4,507.600 ILS for Sep 2024. Israel Rental Prices: Avg: Rehovot data is updated quarterly, averaging 3,843.350 ILS from Mar 2017 (Median) to Dec 2024, with 32 observations. The data reached an all-time high of 4,568.300 ILS in Dec 2024 and a record low of 3,380.675 ILS in Mar 2017. Israel Rental Prices: Avg: Rehovot data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Israel – Table IL.EB009: Average Rental Price: Dwellings.

In the first quarter of 2025, Amsterdam was the most expensive city to rent a furnished private room among the 27 European cities surveyed. It was also among the top ranking most expensive cities to rent a furnished one-bedroom flat and studio apartment. One of the main factors driving high rents across European cities is the same as any other consumer-driven business. If demand outweighs supply, prices will inflate. The drive for high paid professionals to be located centrally in prime locations, mixed with the low levels of available space, high land, and construction costs, all keep rental prices increasing.

The main objective of the Survey of Rental Households is the following: To find out the characteristics and situation of households living in rented housing in the Basque Country and theCharacteristics of rental housing by type of rental. It is a basic source of information for the system of indicators for monitoring housing policy. More information in thehttps://www.euskadi.eus/encuesta-a-hogares-en-regimen-de-alquiler-enalq-informacion/web01-s2ing/es/"> departmental statistical portal.

Israel Rental Prices: Avg: Tel Aviv data was reported at 7,116.600 ILS in Dec 2024. This records an increase from the previous number of 7,049.600 ILS for Sep 2024. Israel Rental Prices: Avg: Tel Aviv data is updated quarterly, averaging 5,952.500 ILS from Mar 2017 (Median) to Dec 2024, with 32 observations. The data reached an all-time high of 7,116.600 ILS in Dec 2024 and a record low of 5,300.865 ILS in Mar 2017. Israel Rental Prices: Avg: Tel Aviv data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Israel – Table IL.EB009: Average Rental Price: Dwellings.

The median monthly rent for all apartment types in the U.S. has stabilized since 2022, despite some seasonal fluctuations. In August 2025, the monthly rent for a two-bedroom apartment amounted to ***** U.S. dollars. That was an increase from ***** U.S. dollars in January 2021, but a decline from the peak value of ***** U.S. dollars in August 2022. Where are the most expensive apartments in the U.S.? Apartment rents vary widely from state to state. To afford a two-bedroom apartment in California, for example, a renter needed to earn an average hourly wage of nearly ** U.S. dollars. This was approximately double the average wage in North Carolina and three times as much as the average wage in Arkansas. In fact, rental costs were considerably higher than the hourly minimum wage in all U.S. states. How did rents change in different states in the U.S.? In 2025, some of the most expensive states to rent an apartment only saw a moderate increase in rental prices. Nevertheless, rents increased in most states as of August 2025. In West Virginia, the annual rental growth was the highest, at ***** percent.

Israel Rental Prices: Avg: Netanya: 2.5 to 3 rooms data was reported at 3,898.100 ILS in Dec 2024. This records an increase from the previous number of 3,865.200 ILS for Sep 2024. Israel Rental Prices: Avg: Netanya: 2.5 to 3 rooms data is updated quarterly, averaging 3,331.400 ILS from Mar 2017 (Median) to Dec 2024, with 32 observations. The data reached an all-time high of 3,898.100 ILS in Dec 2024 and a record low of 3,034.995 ILS in Mar 2017. Israel Rental Prices: Avg: Netanya: 2.5 to 3 rooms data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Israel – Table IL.EB009: Average Rental Price: Dwellings.

Correction coefficients are used to ensure equality of purchasing power of salaries of EU officials in the different duty stations. They are calculated as the ratio between the “economic parity” and the exchange rate to the Euro (where applicable). They operate as a percentage adjustment to remuneration expressed in local currency.

The method used to establish economic parities is to compare the price of a basket of goods and services purchased by the average retired international official in Belgium with the price of an equivalent basket of goods and services purchased by the average retired international official in each of the other countries.

The rent paid for an apartment or house, due to its high weight in the total household expenditure structure, plays a significant role in determining the overall correction coefficient.

Consequently, specific rent surveys are carried out annually in cooperation with relevant real estate agencies. The information obtained, and that derived from similar surveys in previous years, is used to determine the difference in rental prices between Brussels and each of the other locations where the survey is carried out, in rental prices for the same type of dwelling.

The scope of these surveys is to compare the average market rent for some specific kinds of dwellings in some pre-specified representative areas of Brussels with similar dwellings in similar (representative and comparable) areas in other EU capitals and duty stations.

The estate agency rent surveys (EARS) are organised jointly by Eurostat, the International Service for Remunerations and Pensions (ISRP) of the Co-ordinated Organisations and national statistical institutes (NSI) in each duty station, including Brussels, with the collaboration of estate agents in the duty stations concerned.

The work is done in accordance with a methodology approved by the Expert Working Group on Articles 64 & 65 of the Staff Regulations.
Whilst this rent information is collected for a specific purpose, according to a specific methodology, it may also be relevant for other purposes.

Median monthly rental prices for the private rental market in England by bedroom category, region and administrative area, calculated using data from the Valuation Office Agency and Office for National Statistics.

Israel Rental Prices: Avg: Rishon Lezion data was reported at 4,943.400 ILS in Dec 2024. This records an increase from the previous number of 4,889.000 ILS for Sep 2024. Israel Rental Prices: Avg: Rishon Lezion data is updated quarterly, averaging 4,204.950 ILS from Mar 2017 (Median) to Dec 2024, with 32 observations. The data reached an all-time high of 4,943.400 ILS in Dec 2024 and a record low of 3,832.571 ILS in Mar 2017. Israel Rental Prices: Avg: Rishon Lezion data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Israel – Table IL.EB009: Average Rental Price: Dwellings.

Japan Average Rent: Tokyo data was reported at 20,438.000 JPY/Tsubo in Sep 2018. This records an increase from the previous number of 20,291.000 JPY/Tsubo for Aug 2018. Japan Average Rent: Tokyo data is updated monthly, averaging 18,200.000 JPY/Tsubo from Dec 1990 (Median) to Sep 2018, with 213 observations. The data reached an all-time high of 44,193.000 JPY/Tsubo in Dec 1991 and a record low of 16,207.000 JPY/Tsubo in Dec 2013. Japan Average Rent: Tokyo data remains active status in CEIC and is reported by Miki Shoji Company Limited. The data is categorized under Global Database’s Japan – Table JP.P007: Office Average Rent: By Region.

Israel Rental Prices: Avg: Beer Sheva: 3.5 to 4 rooms data was reported at 3,346.100 ILS in Dec 2024. This records an increase from the previous number of 3,313.300 ILS for Sep 2024. Israel Rental Prices: Avg: Beer Sheva: 3.5 to 4 rooms data is updated quarterly, averaging 3,062.750 ILS from Mar 2017 (Median) to Dec 2024, with 32 observations. The data reached an all-time high of 3,346.100 ILS in Dec 2024 and a record low of 2,791.214 ILS in Mar 2017. Israel Rental Prices: Avg: Beer Sheva: 3.5 to 4 rooms data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Israel – Table IL.EB009: Average Rental Price: Dwellings.

Average weekly household expenditure on goods and services in the UK. Data are shown by region, age, income (including equivalised) group (deciles and quintiles), economic status, socio-economic class, housing tenure, output area classification, urban and rural areas (Great Britain only), place of purchase and household composition.

This table includes figures on the average rent increase (including and excluding rent harmonisation) of regulated and liberalised dwellings. The data is broken down by part of the country, province and the four major municipalities (Amsterdam, Rotterdam, The Hague and Utrecht).

Data available from: 2015.

Status of the figures: The figures in this table are definitive.

Changes as of 6 September 2021: The figures of 2021 have been published.

When will new figures be published? New figures will become available in September 2022.

In 2023, the average price per square meter for rental apartments in France was the highest in Paris. In the French capital, the average price per square meter for rental flats reached almost ** euros, compared to ** euros in the second-largest French city, Marseille. Not only is Paris the most expensive city in France for renting an accommodation, it is also one of the most expensive in Europe.
Paris housing crisis The Paris region is the most populated area of France. It is also the most densely populated region of the country. In a very centralized country like France, the capital appears to be the center of the majority of economic and cultural activities, as well as the home of an important number of universities. Finding accommodation is becoming more and more difficult in a city which also attracts millions of tourists every year. The average cost of an apartment in Paris amounted to more than 10,000 euros per square meter, compared to nearly ***** euros per square meter in the French second-largest agglomeration: Lyon. The consequences of high prices in housing In Paris, renting a two-bedroom apartment costed more than ***** US dollars in 2018, making the city one of the most expensive worldwide. To cope with this price boom, residents of the Paris metropolitan area often live in one of the many suburbs of the city. Furthermore, the pollution of the French capital, as well as its traffic jams and congested public transports, often lead Parisians to change their lives and move elsewhere after a few years. In 2015, Bordeaux was named most attractive city to live in France. Paris was only ranked eighth.