Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

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

Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

2020

Region

Europe

Survey time period

1st quarter 2019 to 1st quarter 2020

Number of respondents

100,327 properties

Special properties

listed on Housing Anywhere platform.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* Prices do not include sales tax.

Statistics on "Residential real estate in Europe"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.