Rents rise dramatically: where you pay the most in Austria!

Rents rise dramatically: where you pay the most in Austria!

Tirol, Österreich - In Austria, rental prices continue to rise, as a current analysis by Immoscout24 shows. In the first quarter of 2025, the average price increase is 4%. The average square meter price for rental apartments is now 14.90 euros for gross rents. In the study, around 117,000 apartment advertisements were evaluated, which document a decline in interest in rental apartments, despite a high crowd in 2024.

Markus Dejmek, the Austrian boss of Immoscout24, comments on the situation: interest in rental apartments is falling, while at the same time a growing interest in property can be observed. This goes hand in hand with a continued decline in available rental apartments.

most expensive and cheapest rent regions

The most expensive regions for rental apartments are still in Austria. In Tyrol, tenants pay an average of 20.74 euros per square meter, which corresponds to an increase of 5% compared to the previous year. Vienna follows with 20.42 euros and a price increase of 9%. Salzburg shows the highest price increase of 13% and now has an average square meter price of 20.25 euros. The most expensive areas at an overview:

On the other hand, the cheapest rent regions in Upper Austria, Burgenland, Styria, Lower Austria and Carinthia are. In Upper Austria, tenants pay an average of EUR 12.01 per square meter, which corresponds to an increase of 4%. A look at the cheapest regions:

market analysis and real estate trends

In the context of the Austrian real estate market, further trends show a recovery. According to an annual press conference of the International Maklern network Remax, 600 respondents expect positive developments nationwide for supply, demand and prices. An increase of 5.4% for the offer and 5.2% for demand is predicted, while prices should only increase by 0.3%. This indicates stabilizing the market.

The price dynamics have changed; Extreme price increases are slowed down. It is particularly noteworthy that the range of buying objects has increased, which offers buyers more selection and room for negotiations. However, the rental offer shows a different development: it is still scarce and has decreased by over 13% compared to the previous year.

This situation is also reflected in the transaction figures. In 2024 there were around 98,500 real estate transactions, which is 9.8% below the previous year's value and 40% below the level of 2021. For 2025, cities such as Vienna, Tyrol, Styria and other price increases are expected, while in some other regions, such as Carinthia.

In a market that is changing, it remains to be seen how rental prices and the offer will develop in the coming months. The information and analyzes come from [5min.at] (https://www.5min.at/5202504231055/Mieten-stiegen-in-diesen- Bundesla-Nahlst-du-Jetzt-am-meiste/) and offer a comprehensive overview of the current location on the real estate market in Austria. Interested parties receive additional insights through the analysis on lives.at.