Home Rental Rates in Hungary Rise 15.6% in May

Residential

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

Rental rates in the capital increased 16.5%.

In a month-on-month comparison, home rental rates climbed 1.8% nationwide and edged up 0.6% in Budapest.

The monthly rental rate for a flat in the capital averaged HUF 207,000 in the second quarter. A home in a large city in the west of the country could be rented for HUF 147,000/month.

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