Rent in Austria: Record height of 10 euros per square meter reached!

Rent in Austria: Record height of 10 euros per square meter reached!

Vienna, Österreich - The housing costs in Austria have reached a new high. In the first quarter of 2025, the average monthly rent was first documented at EUR 10.0 per square meter. This reports vienna.at . The average rent for a main rental apartment is therefore 663.8 euros and thus increased by 1.0 percent compared to the previous quarter and 3.1 percent compared to the first quarter of 2024.

The net rental, exclusive operating costs, is 7.5 euros per square meter. This represents an increase of 2.7 percent of the year. The increase in rents is part of a comprehensive data analysis, which was carried out by Statistics Austria . The rental prices have been recorded regularly since 1974, with around 1.8 million main rental apartments in Austria incorporated into the analysis.

Details on rental prices

The rental offers show clear differences depending on the size of the apartment. For apartments under 40 square meters, the average rent is EUR 13.0 per square meter. Apartments between 40 and 65 square meters cost an average of EUR 10.4 per square meter, while rents for larger units, specifically for apartments between 65 and 100 square meters, are 9.2 to 9.3 euros per square meter. Main rental apartments that are over 100 square meters cost just under 9.0 euros per square meter.

These developments are part of a more comprehensive analysis of the housing costs, which also takes into account operating costs, energy costs and maintenance costs. The proportion of housing costs in household income plays an important role, as can be seen from the data of the statistics Austria

A look at the future development

Rental prices in Austria have increased continuously in recent years. An example of this is Vienna, where the private main rent has increased by 35 percent between 2008 and 2016 in new rentals. This is demonstrated by the information of the Apartment exchange , which provides detailed rental price mirrors for over 100 cities in Austria. These rent indicators offer both landlords and tenants valuable orientation in the calculation of market rental prices.