ADVERTISEMENT

Apartment rental market booming in Hungary

Telco

pixabay

The number of apartments for rent has significantly grown in Hungary during the last two weeks. In Budapest, the offer is 800 apartments higher, according to real estate site ingatlan.com.

An analysis published by online news portal napi.hu shows that currently more than 10,000 apartments are available for rent in Hungary, which is a 11% increase on two weeks previously.

Many owners are expecting huge demand, as the start of the academic year on September 1 is closing in, but prices are said to be well above what most family budgets can afford.

Average monthly apartment rents in major university cities, according to ingatlan.com, amount to HUF 150,000 in Budapest, HUF 100,000 in Szeged, HUF 95,000 in Győr, HUF 85,000 in Debrecen, HUF 83,000 in Pécs, and HUF 70,000 in Miskolc.

ADVERTISEMENT

Digitization, sustainability among characteristics of future... Analysis

Digitization, sustainability among characteristics of future...

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

Transformation Delineation - Microsoft country general manag... Podcasts

Transformation Delineation - Microsoft country general manag...

Most districts not planning mandatory vaccination at kinderg... City

Most districts not planning mandatory vaccination at kinderg...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.