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In 2024, the most expensive residential rental market in Europe was Luxembourg with rental costs of approximately euros per square meter.Paris and Dublin followed with rental costs of ***and euros per square meter. Rents increased across most markets - a trend that could also be observed in the housing market.

How much does an apartment cost in different European cities?

Renting a furnished studio apartment in some of the leading cities in Europe can cost anywhere between *** euros monthly (Budapest) and euros (Amsterdam) per month. For a furnished one-bedroom apartment in Paris, France, one may be expected to pay on average euros monthly.

Which countries have the most affordable housing?

The house price to rent ratio is an indicator of the affordability of owning housing over renting across European countries and is calculated as the nominal house prices divided by a rent price index. The higher the ratio, the more the gap between house prices and rental rates has widened since 2015 when the index base was 100. As of the first quarter of 2025, Finland, Italy, and Romania had the lowest house price to rent ratio, meaning that buying a house was most affordable there compared to renting.