HousingAnywhere International Rent Index by City Q1 2025

• HousingAnywhere reports a 0.8% increase in rent prices across European cities, signaling market stabilization.
• Apartment prices decline by 2.9%, while rents continue to rise for rooms (2.2%) and studios (3.7%).

Rotterdam, April 3, 2025 – The HousingAnywhere International Rent Index for Q1 2025 reports a 0.8% annual increase in rent prices across Europe, indicating market stabilization after years of continuous growth. The report, which analyzes rental prices for furnished properties listed on the HousingAnywhere platform in 27 European cities, shows a notable decline in apartment rents, which fell by 2.9%. Meanwhile, rents for rooms continue to rise by 2.2%, and studio rents have experienced the sharpest increase, up 3.7%.

Antonio Intini, CEO of HousingAnywhere, stated: “The rental market is offering some temporary relief to tenants who have faced continuous rent hikes in recent years. While prices have stabilized, the outlook remains challenging. European cities are struggling with housing supply shortages, leaving tenants with limited options and intense competition for their desired homes. There is still a long way to go before affordability truly improves”.

After years of sharp rent increases, tenants searching for apartments in major European cities may notice some relief. Apartment rental prices declined by 2.9% compared to last year. Prague, Budapest, and Munich recorded the sharpest rent price decreases among the 27 cities analyzed. Rents fell by 21.9% in Prague, 15.8% in Budapest, and 15.3% in Munich. Prices also declined in several German cities, including Frankfurt (-12.6%), Hamburg (-12.1%), Cologne (-7.5%), Düsseldorf (-6.3%), and Stuttgart (-3.9%). Conversely, apartment rents rose in other European cities, with the highest increases recorded in Vienna (12.6%), Brussels (12.5%), and Rotterdam (8.3%). Apartment prices vary widely across Europe, with median rents for furnished units reaching €2,500 in Amsterdam and €1,993 in Utrecht, compared to €800 in Budapest and €1,000 in Athens.

Room rents saw a 2.2% annual increase. The steepest increases occurred in Rome (7.5%), Madrid (7.3%), and Düsseldorf (6.7%). Some cities, however, experienced rent decreases compared to the previous year, including Berlin (-4.3%), Stuttgart (-3.2%), Budapest (-3.0%), Frankfurt (-2.9%), and Lisbon (-2.0%). As in previous reports, Dutch and German cities continue to dominate the ranking of the most highly-priced locations for rooms. The median rent for a furnished room currently stands at €971 in Amsterdam, €900 in The Hague, and €850 in Hamburg and Rotterdam. In contrast, lower prices can be found in Budapest (€320), Valencia (€400), and Athens (€400).

Studio rents increased by an average of 3.7%, with some of the highest rises observed in Italian and Spanish cities, with Florence registering the sharpest increase, of 14.3%. Prices rose by 12.6% in Valencia, 11.1% in Madrid, and 9.5% in Barcelona Additional increases were recorded in Rome (9.1%), Milan (8.7%), and Athens (10%). Fewer cities were analyzed in this category due to the scarcity of studio apartments, particularly in Dutch cities. The highest rental prices for studios were found in Munich (€1,457) and Hamburg (€1,430), while lower-priced options were available in Budapest (€650) and Turin (€710).

About the HousingAnywhere International Rent Index by City Q1 2025

For this 27th quarterly edition of the International Rent Index by City, HousingAnywhere analyzed 67,397 properties that were listed and received interest from potential tenants on the platform in the past year. The report analyzed single rooms, studios, and apartments from one to three bedrooms located across 27 European cities, across 11 countries.

Out of all the apartments analyzed, 59% were one-bedroom apartments, 30% were two-bedroom apartments, and 11% were three-bedroom apartments.

Approximately 99% of the listed properties were fully furnished and 61% included bills in their rent, with all listings mainly geared towards servicing young professionals and students relocating within and across borders.

The available properties in HousingAnywhere are primarily listed by private owners and real estate agents listing their available spaces directly. The platform does not include properties offered by housing corporations or other types of non-profit organizations, which generally have lower rental prices.

Rent prices and square meter prices are calculated based on the data provided by property providers when listing on HousingAnywhere. The absolute rent price of a city is calculated by a median. The price per square meter is calculated by dividing the median absolute price of a property type by the median size. In the case of rooms, the price per square meter is calculated by dividing the median absolute price by the median size of the room (excluding any shared living areas). Aiming to provide a robust dataset, cities with less than 30 units in a quarter in one of the property types analysed were excluded from the report. For this reason, some cities (Amsterdam, Stuttgart, The Hague, Utrecht) were excluded from the studio section of the report due to low inventory.

These are the 27 cities included in this edition of the report: Amsterdam, Athens, Barcelona, Berlin, Bologna, Brussels, Budapest, Düsseldorf, Florence, Frankfurt am Main, Hamburg, Köln, Lisbon, Madrid, Milan, Munich, Paris, Porto, Prague, Rome, Rotterdam, Stuttgart, The Hague, Turin, Utrecht, Valencia, Vienna.

The report is also available in Dutch, German, Italian, and Spanish.

Check the Rent Index FAQ page for more information on the report’s methodology.

About HousingAnywhere

HousingAnywhere is Europe’s largest mid-term rental marketplace, enabling people to rent wherever they choose thanks to a convenient and secure booking experience. It connects tenants with verified landlords, allowing tenants to book their new home entirely online. HousingAnywhere operates in over 125 cities in Europe and the U.S. and primarily serves students and young professionals aged 18 to 35 who rent accommodation abroad for six to twelve months.

Together with the Dutch platform Kamernet and French Studapart, HousingAnywhere represents three fast-growing brands. The HousingAnywhere and Studapart marketplaces generated 60,000 bookings in 2024, while Kamernet had 80,000 paying subscribers in the same year. Headquartered in Rotterdam, The Netherlands, the company employs 250 professionals.

Press Contact

For more information, please contact press@housinganywhere.com. For more reports, go to the press page.