United States US: Price to Rent Ratio: sa data was reported at 133.530 2015=100 in 2024. This records an increase from the previous number of 133.173 2015=100 for 2023. United States US: Price to Rent Ratio: sa data is updated yearly, averaging 89.750 2015=100 from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 137.339 2015=100 in 2022 and a record low of 89.750 2015=100 in 1997. United States US: Price to Rent Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by rent price indices

The house price to rent ratio index in the U.S. declined in the second half of 2022 and remained stable until the end of 2024, indicating that house price growth slowed down compared to rental growth. At its peak, in the second quarter of 2022, the index stood at *****. House prices increased dramatically since the coronavirus pandemic. Meanwhile, rents have grown notably, but at a slower rate. What does the house price to rent ratio index measure? The house-price-to-rent-ratio measures the evolution of house prices compared to rents. It is 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. Compared to the OECD countries average, the gap between house prices and rents in the United States was wider. The house price to rent ratio in different countries The house price to rent ratio in the United Kingdom continued to increase in the second half of 2022, but growth softened, as the housing market cooled. On the other hand, the index in Germany fell drastically between the second quarter of 2022 and the second quarter of 2023. A similar trend was observed in France.

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Price to Rent Ratio in Chile increased to 134.20 in the fourth quarter of 2023 from 133.84 in the third quarter of 2023. This dataset includes a chart with historical data for Chile Price to Rent Ratio.

Price to Rent Ratio in Canada decreased to 125.50 in the third quarter of 2025 from 128.87 in the second quarter of 2025. This dataset includes a chart with historical data for Canada Price to Rent Ratio.

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.

France FR: Price to Rent Ratio: sa data was reported at 117.734 2015=100 in 2024. This records a decrease from the previous number of 125.604 2015=100 for 2023. France FR: Price to Rent Ratio: sa data is updated yearly, averaging 75.149 2015=100 from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 129.085 2015=100 in 2022 and a record low of 58.056 2015=100 in 1997. France FR: Price to Rent Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s France – Table FR.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by rent price indices

The house price to rent index in Mexico has risen quarter on quarter since 2015, suggesting that property prices have grown faster than rents. The index is calculated by dividing the median house price by the median annual rent, with 2015 chosen as a base year. In the second quarter of 2025, the house price to rent index amounted to ***** index points, meaning that house price growth outpaced rental growth by ** percent.

Switzerland Price to Rent Ratio: sa data was reported at 125.208 2015=100 in 2024. This records a decrease from the previous number of 125.755 2015=100 for 2023. Switzerland Price to Rent Ratio: sa data is updated yearly, averaging 97.525 2015=100 from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 141.820 2015=100 in 1989 and a record low of 74.756 2015=100 in 2002. Switzerland Price to Rent Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Switzerland – Table CH.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by rent price indices

The annual house price to rent ratio in the Netherlands stood at ****** points in 2024. Between 1970 and 2024, the ratio rose by ***** points, though the increase followed an uneven trajectory rather than a consistent upward trend.

Germany DE: Price to Rent Ratio: sa data was reported at 127.280 2015=100 in 2024. This records a decrease from the previous number of 132.141 2015=100 for 2023. Germany DE: Price to Rent Ratio: sa data is updated yearly, averaging 124.182 2015=100 from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 159.163 2015=100 in 1981 and a record low of 89.430 2015=100 in 2010. Germany DE: Price to Rent Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Germany – Table DE.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by rent price indices

The annual house price to rent ratio in Belgium was ****** points in 2024. Between 1977 and 2024, the ratio rose by ***** points, though the increase followed an uneven trajectory rather than a consistent upward trend.

We study the joint evolution of prices and rents of residential property. We construct indices for both rents and prices of renter-occupied properties and for prices of owner-occupied properties. We then decompose the change in the price of occupant-owned property into three components: (1) changes in rent, (2) changes in the relative prices of investor- and occupant-owned properties, and (3) changes in the price-rent ratio. We use a simple model to link our decomposition to different sources of variation in house prices. We argue that while the 2000s boom was plausibly driven by exuberant expectations, the boom of the 2020s more likely resulted from a preference shock.

Price to Rent Ratio in the United Kingdom decreased to 111.37 in the second quarter of 2025 from 113.72 in the first quarter of 2025. This dataset includes a chart with historical data for the United Kingdom Price to Rent Ratio.

Slovakia SK: Price to Rent Ratio: sa data was reported at 149.695 2015=100 in 2024. This records a decrease from the previous number of 153.721 2015=100 for 2023. Slovakia SK: Price to Rent Ratio: sa data is updated yearly, averaging 107.955 2015=100 from Dec 2005 (Median) to 2024, with 20 observations. The data reached an all-time high of 162.176 2015=100 in 2022 and a record low of 77.468 2015=100 in 2005. Slovakia SK: Price to Rent Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Slovakia – Table SK.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by rent price indices

The annual house price to rent ratio in Luxembourg amounted to ****** points in 2024. Between 2007 and 2024, the ratio rose by ***** points, though the increase followed an uneven trajectory rather than a consistent upward trend.

Japan JP: Price to Rent Ratio: sa data was reported at 132.703 2015=100 in 2024. This records an increase from the previous number of 129.382 2015=100 for 2023. Japan JP: Price to Rent Ratio: sa data is updated yearly, averaging 125.671 2015=100 from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 185.251 2015=100 in 1991 and a record low of 91.768 2015=100 in 2009. Japan JP: Price to Rent Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by rent price indices

South Korea Standardised Price-Rent Ratio: sa data was reported at 106.162 Ratio in 2024. This records a decrease from the previous number of 106.438 Ratio for 2023. South Korea Standardised Price-Rent Ratio: sa data is updated yearly, averaging 103.556 Ratio from Dec 1986 (Median) to 2024, with 39 observations. The data reached an all-time high of 120.453 Ratio in 1990 and a record low of 75.266 Ratio in 1998. South Korea Standardised Price-Rent Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by rent price indices. The long-term average is calculated over the whole period available when the indicator begins after 1980 or after 1980 if the indicator is longer. This value is used as a reference value. The ratio is calculated by dividing the indicator source on this long-term average, and indexed to a reference value equal to 100.

In 2023, the average buy-vs-rent ratio in Europe was ***. The highest ratios were in Austria at *** and Germany at ***, indicating that it was more than twice as expensive to buy than to rent in these markets. The lowest ratios were found in Spain and Finland, at *** and *** respectively, making buying more economical than renting.

Iceland IS: Price to Rent Ratio: sa data was reported at 156.593 2015=100 in 2024. This records a decrease from the previous number of 158.845 2015=100 for 2023. Iceland IS: Price to Rent Ratio: sa data is updated yearly, averaging 115.706 2015=100 from Dec 2001 (Median) to 2024, with 24 observations. The data reached an all-time high of 159.508 2015=100 in 2022 and a record low of 94.217 2015=100 in 2013. Iceland IS: Price to Rent Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by rent price indices