Average rental cost of private room in European cities Q4 2019-Q4 2020, by city

In the fourth quarter of 2020, London was the most expensive city to rent a furnished private room among the 22 European cities surveyed. London also topped the ranking for 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.