Home rental rates rise 19% y.o.y. in April

Residential

Photo by Alla Simacheva / Shutterstock.com

Home rental rates in Hungary rose 19% year-on-year in April, according to data compiled by the Central Statistical Office (KSH) from listings site ingatlan.com.

Rental rates in the capital increased by 19.8%. In a month-on-month comparison, home rental rates rose 2% countrywide and in the capital.

The monthly rental rate for a flat in the capital averaged HUF 164,000 in the second half of last year.

In the west of the country, an apartment could be rented for HUF 126,000 per month.

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