Average apartment rental cost Europe by city 2024

In the first quarter of 2024, Amsterdam was the most expensive city to rent a furnished one-bedroom apartment among the 23 leading European cities surveyed. At 2,300 euros per month, rent in Amsterdam was more than twice as high as in Brussels. Amsterdam was also the most expensive city to rent a private room.

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.

Average monthly rental cost of a furnished one-bedroom apartment in select European cities in 1st quarter 2024 (in euros)

Characteristic	Average cost of rent in euros
Amsterdam	2,275
Rome	2,000
Paris	1,862
Rotterdam	1,795
The Hague	1,790
Munich	1,770
Utrecht	1,746
Lisbon	1,700
Milan	1,700
Hamburg	1,650
Bologna	1,600
Florence	1,600
Prague	1,600
Stuttgart	1,550
Berlin	1,500
Frankfurt am Main	1,500
Barcelona	1,495
Madrid	1,494
Kôln	1,425
Valencia	1,400
Düsseldorf	1,390
Po rto	1,250
Vienna	1,190
Helsinki	1,170
Brussels	1,163
Turin	1,100
Athens	1,000
Budapest	950

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Release date

2024

More information

Region

Europe

Survey time period

Q1 2024

Number of respondents

23,182 properties

Special properties

listed on Housing Anywhere platform.

Supplementary notes

The source adds the following information: "About 94% (and 59%) of the listed properties were fully furnished (and included electricity and gas), geared towards servicing young professionals and students relocating across the borders."

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