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 statistic presents the monthly rental prices for a furnished two-room apartment in selected European cities as of 2015. London led the ranking, with an average price per typically sized newly-built apartment amounting up to ***** U.S. dollars. It was followed closely by Geneva, with the monthly rental cost of ***** U.S. dollars.

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.

London's prime high street retail location commanded the highest rents in Europe, with monthly rates reaching a staggering 2,786 euros per square meter in the second quarter of 2025. This figure dwarfs other major European cities, with Milan coming in second at 1,667 euros per square meter. The stark difference in rental prices highlights the premium placed on prime retail spaces in Europe's financial capital, reflecting the city's status as a global shopping destination. While London boasts the highest retail rents, the UK as a whole remains a significant player in retail real estate investment. In 2023, the UK attracted 6.6 billion euros in retail real estate investment, accounting for approximately a quarter of the total investment in the sector across Europe.

Graph and download economic data for Harmonized Index of Consumer Prices: Actual Rentals for Housing for Euro Area (19 Countries) (CP0410EZ19M086NEST) from Dec 1999 to Sep 2025 about Euro Area, rent, harmonized, Europe, CPI, housing, price index, indexes, and price.

This is a simple overview of rental costs for a 1 bed apartment in major european cities.

Data comes from Numbeo: https://www.numbeo.com/cost-of-living/region_prices_by_city?itemId=27&region=15...

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.

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.

During 2018, Paris was the most expensive European city to rent an Apartment, at 2.85 thousand U.S. dollars per month. London had an average rental cost of over 300 U.S. dollars less than the Capital of France. Cities within Western Europe have a higher rental price than their Eastern counterparts with Moscow seeing the average cost of rent over one thousand U.S. dollars per month lower than Paris.

Supply and demand

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 help keep rental prices increasing.

Renters now outweigh home owners

In London, the number of private renters has increased dramatically from 2008. Increasing house prices as well as standard costs of living have seen more and more people unable to get on to the property ladder, and are therefore forced onto the rental markets for longer. This being said 2019 has become a great time for first-time buyers as interest rates remained historically low.

Graph and download economic data for Harmonized Index of Consumer Prices: Actual Rentals for Housing for European Union (27 Countries from 2020) (CP0410EU272020M086NEST) from Dec 2000 to Sep 2025 about EU, rent, harmonized, Europe, CPI, housing, price index, indexes, and price.

Price to Rent Ratio In the Euro Area increased to 128.84 in the second quarter of 2025 from 128.58 in the first quarter of 2025. This dataset includes a chart with historical data for Euro Zone Price to Rent Ratio.

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. Renting in European cities In 2025, Munich was the most expensive city to rent a furnished studio among the 23 cities surveyed. At 1,457 euros per month, renting a studio in Munich cost nearly twice the price of a studio in Athens. For one-bedroom apartments or a furnished private room, the most expensive city was Amsterdam. Homeownership in Europe In many European countries owning your home is more commonplace than renting – for instance, in Romania, the homeownership rate is over 95 percent. In the UK, affordability of housing is one of the leading housing concerns, with the majority of adults agreeing that first-time buyers getting on a property ladder is a very or somewhat serious problem.

This table contains the European Harmonised Consumer Price Index (HICP) for the Netherlands. This price index shows the price evolution of a package of goods and services compiled according to European directives.

The composition of the package of goods and services makes it possible to compare the price movements of consumer goods and services between EU countries. In addition, the table also contains the HICP-CT. This is the HICP excluding the impact of taxes.

In addition to these indices, the table contains monthly and year-on-year developments. For each product group you can also find how much the Dutch consumer spends on it in relation to his total expenditure. This is called the weighting coefficient.

Data available from: 2002 to 2015

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

Changes as of 16 June 2016: None, this table has been discontinued.

Changes as of 18 December 2015 The figures for the groups 061100 ‘Self-care medicines, 061200 ‘Other medical products’, 072200 ‘Autofuels’ and 083000 ‘Phone, fax and internet services’ have been updated from June to September 2015. This does not affect the published indices at main level.

Changes as of 10 December 2015 As of 1 October, the national government has adjusted the points system for housing rentals. As a result, the rents of a limited number of homes have fallen, so the average rents also decreased. The effect of this rent decrease on the price indices of rent and imputed rent could not be determined earlier, as the housing corporations only announced the extent of the rent adjustments in November. The figure of the group 04100 ‘Employable rent’ of October 2015 has therefore been adjusted.

In most cases, all the price information requested is known to CBS when the first results are published and no adjustment will take place later. However, sometimes certain price information is not available on time and the outcome can be adjusted later. HICP outcomes can then always be revised at the same time as the CPI outcomes, even if they were not published as provisional in the previous month. CPI results are marked as provisional at first publication, the month on which the figures are final. If the number is provisional, this is indicated by a *.

When are new figures coming? This table is followed by consumer prices; European harmonised price index 2015 = 100. See paragraph 3.

Average net rent by Reference date, Number of rooms and Municipality

European Union - Housing cost overburden rate: Tenant, rent at reduced price or free was 10.00% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Housing cost overburden rate: Tenant, rent at reduced price or free - last updated from the EUROSTAT on October of 2025. Historically, European Union - Housing cost overburden rate: Tenant, rent at reduced price or free reached a record high of 12.60% in December of 2012 and a record low of 8.50% in December of 2020.

Graph and download economic data for Harmonized Index of Consumer Prices: Actual Rentals for Housing for France (CP0410FRM086NEST) from Jan 1996 to Sep 2025 about France, rent, harmonized, CPI, housing, price index, indexes, and price.

European Union - Housing cost overburden rate: Tenant, rent at market price was 19.20% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Housing cost overburden rate: Tenant, rent at market price - last updated from the EUROSTAT on October of 2025. Historically, European Union - Housing cost overburden rate: Tenant, rent at market price reached a record high of 27.10% in December of 2014 and a record low of 19.20% in December of 2024.

European Union - Overcrowding rate: Tenant, rent at market price was 24.40% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Overcrowding rate: Tenant, rent at market price - last updated from the EUROSTAT on September of 2025. Historically, European Union - Overcrowding rate: Tenant, rent at market price reached a record high of 24.60% in December of 2023 and a record low of 19.60% in December of 2011.

The European condominiums and apartments market is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 5.50% from 2025 to 2033. This expansion is fueled by several key drivers. Increasing urbanization across major European cities like London, Paris, Berlin, and Amsterdam is creating significant demand for residential properties, particularly within conveniently located, modern condominium and apartment complexes. Furthermore, favorable government policies aimed at boosting housing affordability and stimulating construction activity in several European nations are contributing to the market's expansion. Strong economic growth in several key European markets, coupled with rising disposable incomes and a growing preference for urban living amongst millennials and young professionals, are also driving demand. The market is segmented by production, consumption, import/export analysis (both value and volume), and price trends, allowing for a granular understanding of the market's dynamics. Leading players such as CPI Property Group, Aroundtown Property Holdings, and others are actively shaping the market through development projects and strategic acquisitions. While supply chain disruptions and fluctuating construction material costs pose some restraints, the overall market outlook remains positive, driven by long-term demographic trends and a sustained focus on urban development. The regional breakdown shows significant market activity across Western and Northern Europe, with the United Kingdom, Germany, France, and the Netherlands representing key markets. The continued development of smart homes and sustainable building practices is a significant trend within the sector, impacting both construction methods and consumer preferences. Market analysis reveals a positive correlation between economic growth and demand for higher-end apartments and condominiums, with premium properties commanding higher prices. The sustained growth in the tourism sector in certain European countries also impacts rental yields and property values, leading to investment in new development projects aimed at catering to both local and international buyers. The market shows resilience to economic downturns due to the underlying demand driven by population growth and urbanization, although pricing may fluctuate based on interest rates and economic conditions. Overall, the European condominiums and apartments market presents attractive opportunities for investors and developers alike, despite the challenges presented by global economic uncertainty. This in-depth report provides a comprehensive analysis of the European condominiums and apartments market, covering the period from 2019 to 2033. It delves into market trends, key players, and future growth prospects, offering invaluable insights for investors, developers, and industry professionals. The report utilizes data from the base year 2025 and forecasts up to 2033, incorporating historical data from 2019-2024. Recent developments include: November 2022: Ukio, a short-term furnished apartment rental platform aimed at the "flexible workforce," raised a Series-A round of funding totalling EUR 27 million (USD 28 million). The cash injection totalled EUR 17 million (USD 18.03 million) in equity and EUR 10 million (USD 10.61 million) in debt and came 14 months after the Spanish company announced a seed round of funding of EUR 9 million (USD 9.54 million)., September 2022: Gamuda Land planned to expand its international markets, with a significant expansion plan that will see the developer add an average of five new overseas projects per year beginning in the fiscal year 2023 (FY2023). This move follows the opening of Gamuda Land's first property in the United Kingdom (West Hampstead Central in London) and second in Australia (The Canopy on Normanby in Melbourne).. Key drivers for this market are: Increasing Developments in the Residential Segment, Investments in the Senior Living Units. Potential restraints include: Limited Availability of Land Hindering the Market. Notable trends are: Demand for Affordable Housing.