Home Rental Rates in Hungary Rise 22% in October

Residential

Photo by Fabio Balbi/Shutterstock.com

Home rental rates in Hungary rose 22.1% year-on-year in October, data compiled by the Central Statistical Office (KSH) from listings site Ingatlan.com show. 

Rental rates in the capital increased by 23.2%.

In a month-on-month comparison, home rental rates edged up 0.1% nationwide and rose 0.5% in Budapest.

The monthly rental rate for a flat in the capital averaged HUF 183,000 in the first half of the year. In the west of the country, a flat could be rented for HUF 136,000 per month.

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