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Average rental cost of apartments in European cities Q1 2019-Q1 2020, by city

In the first quarter of 2020, London was the most expensive city to rent a furnished one-bedroom flat among the 18 leading European cities surveyed. At 1,756 euros per month, rent in London was approximately twice as high as in Turin. All cities except for Barcelona saw the average rent increase between the first quarter of 2019 and 2020. The highest growth was observed in Vienna where rental prices soared by 12 percent.

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 as of 1st quarter 2019 and 1st quarter 2020

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Release date




Survey time period

1st quarter 2019 to 1st quarter 2020

Number of respondents

100,327 properties

Special properties

listed on Housing Anywhere platform.

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Statistics on "Residential real estate in Europe"

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