HousingAnywhere International Rent Index by City Q4 2024
2024 Ends with a 3.1% Yearly Increase in Rent Prices
- The HousingAnywhere International Rent Index for Q4 2024 reported the lowest increase of the year.
- With a furnished apartment costing €2,164 in Amsterdam and €2,000 in Rome, housing affordability will remain a challenge for Europe in 2025.
Rotterdam, January 8, 2025 – The HousingAnywhere International Rent Index by City for Q4 2024 recorded a 3.1% yearly increase in rental prices. This rise was observed across all property types analyzed: 3.6% for apartments, 2.6% for rooms, and 2.9% for studios. In cities like Amsterdam and Rome, renting a furnished apartment with one to three bedrooms still costs over €2,000. HousingAnywhere, a European mid-term rental platform, analyzed the rental prices for +78,000 furnished one- to three-bedroom apartments, rooms, and studios across 28 cities in 12 European countries.
The lowest increase of the year
Rental prices continued to rise throughout 2024, but the 3.1% yearly increase in Q4 marked the lowest growth rate in recent years.
“Despite closing 2024 with a lower price increase compared to previous years, access to affordable housing will remain one of the biggest challenges for European governments in 2025. The lack of affordable housing creates a barrier to growth for families, students and young professionals seeking new opportunities. 2025 should be the time to take a significant step forward in creating new housing options,” said Djordy Seelmann, CEO of HousingAnywhere.
Rent price increases by category
Apartments: Up by 3.6% yearly
Apartment prices rose by 3.6% yearly. Prices for furnished one- to three-bedroom apartments range from €2,164 in Amsterdam and €2,000 in Rome to €900 and €877 in Athens and Budapest. The German cities of Stuttgart and Frankfurt recorded the sharpest increases among the analyzed cities (26.4% and 22.3%, respectively), while other German cities saw price declines showcasing disparities across the country. In the Netherlands, Rotterdam registered one of the highest increases in Europe (22.3%), while prices eased minimally in Amsterdam (-1.6%).
Except for Bologna (-3.3%), apartment prices also increased in Italian cities, notably in Turin (15.8%). In Portugal, prices dropped in both Porto (-4.3%) and Lisbon (-2.9%). In Spain, prices rose in Valencia (12.7%) and Madrid (7.7%) but remained stable in Barcelona (0.0%).
Rooms: Up by 2.6%
Room prices rose by 2.6% compared to last year. German and Dutch cities are among the most highly-priced, with average rents reaching €1,000 in Amsterdam and €890 in Hamburg. In contrast, room rents average €400 in Athens and €350 in Budapest. Facing supply constraints for student rooms, prices rose in all analyzed Dutch cities, with Rotterdam at 6.1%. In Germany, a disparity was seen again, with the highest increase in Düsseldorf (5.8%) and the sharpest drop in Cologne (-6.0%).
Portugal showed more stable trends, with room prices unchanged in Porto (0%) and declining by 2.3% in Lisbon. In Italy, Bologna recorded the highest increase in the index (16.7%), and rents also rose in Turin (3.9%), Rome (3.3%), and Florence (1.7%). Room prices rose in the three Spanish cities, notably in Valencia and Madrid at 9.3% and 7.8% respectively.
Studios: Up by 2.9%
Studio prices increased by 2.9% yearly. With fewer cities analyzed in this category due to fewer inventory, prices range from €1,540 in Munich to €605 in Turin. The most significant price increases were observed in Madrid (21.2%), and Barcelona (16.3%), while substantial decreases were recorded in Valencia (-11.1%) and Berlin (-6.9%).
About the HousingAnywhere International Rent Index by City for Q4 2024
For this 26th quarterly edition of the International Rent Index by City, HousingAnywhere analyzed 78,224 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 28 European cities, across 12 countries. Out of all the apartments analyzed, 58% were one-bedroom apartments, 31% were two-bedroom apartments, and 11% were three-bedroom apartments. Approximately 99% of the listed properties were fully furnished and 60% 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 were excluded from the report. For this reason, some cities (Amsterdam, Helsinki, Rome, Stuttgart, The Hague, Utrecht) were excluded from the studio section of the report due to low inventory. These are the 28 cities included in this edition of the report: Amsterdam, Athens, Barcelona, Berlin, Bologna, Brussels, Budapest, Düsseldorf, Florence, Frankfurt am Main, Hamburg, Helsinki, 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 platform. With Kamernet and Studapart under its umbrella, it represents three fast-growing brands with over 30 million yearly unique visitors combined, 160,000+ properties available for rent and 100,000+ tenants securing their new homes, based on the 2023 performance. HousingAnywhere serves young professionals and students, primarily aged between 18 and 35, connecting them with accommodation providers. Through its advanced technology platform, tenants rent accommodation for 6 to 12 months outside of their country of origin. Headquartered in Rotterdam, HousingAnywhere operates in most European cities and recently expanded to key cities in the US, establishing a presence in over 125 cities. Driven by the mission to enable people to live wherever and however they choose thanks to a flexible renting experience, the technology scale-up employs 250 professionals globally.
Press Contact
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