Rent in Austria: Dramatic climb in Klagenfurt and Vienna!

Rent in Austria: Dramatic climb in Klagenfurt and Vienna!

Klagenfurt-Land, Österreich - Rental prices in Austria rise unstoppably! The increase in Klagenfurt-Land is particularly dramatic, where the offer prices for rental objects according to ORF Kärnten in 2024 climbed average 19.1 percent per square meter. In Vienna-Alsergrund, too, tenants felt the price increase with an increase of 18.6 percent, which increased the square meter price to 19.3 euros. In districts such as Eisenstadt-Umgebung and Oberpullendorf, striking climbs of 17.5 percent were also registered. Only in a few districts, especially in Vorarlberg and Burgenland, there were slight declines of rental prices.

A closer look at the most expensive regions shows that the inner city of Vienna is at the top with 23.1 euros per square meter, followed by Innsbruck, Kitzbühel and Salzburg. According to a further analysis of Kleine Zeitung , which compared 200,000 rental ads, show an almost nationwide increase of prices throughout Austria in 2024 However, remains in midfield compared to other federal states with an average price of EUR 12.6 per square meter, but determines an increase of 32 percent compared to 2020.

The demand for rental apartments is also enormous, with the highest odds in Vorarlberg (79 percent) and Tyrol (56 percent), while Carinthia lags behind 53 percent. According to statistics Austria, the rental apartments in Carinthia were the cheapest compared to other federal states in 2023, with the rental price including operating costs being 498 euros per apartment. In contrast to the expensive regions such as Vorarlberg with 717 euros and Salzburg with 713 euros per apartment.