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Average rental cost of private room in European cities Q1 2019-Q1 2020

In the first quarter of 2020, London was the most expensive city to rent a furnished private room among the 16 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.

Average monthly rental cost of a furnished private room in selected European cities as of 1st quarter 2019 and 1st quarter 2020

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Source

Release date

2020

Region

Europe

Survey time period

4th quarter 2019

Number of respondents

94,311 properties

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Statistics on "Residential real estate in Europe"

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