Home Rental Rates in Hungary Rise 13.7% in June

Residential

Photo by Alla Simacheva / Shutterstock.com

Home rental rates in Hungary rose 13.7% year-on-year in June, slowing after a 15.6% increase in May, data compiled by the Central Statistical Office (KSH) from listings site Ingatlan.com show.

Rental rates in the capital increased 14.9%.

In a month-on-month comparison, home rental rates climbed 2.1% nationwide and were up 2.5% in Budapest.

The monthly rental rate for a flat in the capital averaged HUF 221,000 in the first half of the year. A home in a large city in the west of the country could be rented for HUF 156,000/month.

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