Rental price explosion: over 20 euros per square meter in Tyrol and Vienna!

Rental price explosion: over 20 euros per square meter in Tyrol and Vienna!

Wien, Österreich - Rental prices in Austria continue to rise rapidly, as current analyzes show. In the first quarter of 2025, an increase in rental costs was registered by 4 percent, the average offer price was 14.90 euros per square meter. The regions of Tyrol, Vienna and Salzburg are particularly affected, where the square meter prices are now over 20 euros. In Tyrol, the average price is 20.74 euros per square meter, which has an increase of 5 percent compared to the previous year. In Vienna, the square meter price is 20.42 euros and thus has an increase of 9 percent. In Salzburg, on the other hand, the price increases to 20.25 euros per square meter, which corresponds to an increase of 13 percent. These developments are described in detail by Kosmo.

The housing costs vary greatly between the different federal states. While Vorarlberg is already above the Austrian average at 19.05 euros per square meter, there are significantly lower rental prices in other federal states. Upper Austria has an average price of 12.01 euros, followed by Styria with 12.41 euros, Lower Austria with 12.44 euros, Carinthia with 13.80 euros and Burgenland with 13.06 euros per square meter. In rural districts, it can also happen that the rental prices are higher, especially if the real estate is near ski areas or popular excursion destinations, such as ImmobilienScout24.

increasing demand and tight offers

Despite the rising rental prices, interest in rental apartments has decreased, while interest in property is slightly increasing. At the same time, the range of rental objects remains scarcer, which further fuel price development. This data is based on around 117,000 housing advertisements from the first quarter of 2023 to 2025. The consideration of the gross rents that includes net rental and operating costs, but excludes heating and electricity costs, illustrates the significant burden on tenants.

The development of rental prices is not new. The rental prices in Austria have increased continuously since 2006 and have almost doubled. The average rent per square meter was 3.78 euros in 2006 and rose to 7.40 euros by 2024, which means an increase of 96 percent. In recent years there has not been a year with falling rental prices, a trend that is fueled by the high demand for residential properties and rising raw material prices. According to infina, there could be a plateau formation in a short period of time, while further increases can be expected in particularly sought-after areas.

influencing factors and future developments

A decisive factor for the future development of rental prices remains the planned adjustment of the guideline rents, which were increased by 8.6 percent on April 1, 2023 and affect around 750,000 tenants. The guidelines differ depending on the state and could have further influence on rental prices in the future. Experts predict that an economic break -in burglar could also affect rental price development. In addition, the decision about a possible rental price lid remains of great importance for future market development.