This is how much rent you have to pay in different Hungarian cities

There has been a 10 per cent increase in the rent prices since the admission points have been posted in July, reports blikk.hu. In the major college towns, the rent prices are around 260-490 EUR. This means that one would have to pay 16-32 EUR more per average than last year.

The prices vary according to demand and supply and to the increase in demand. The supply increases by 10-20-30 per cent, and the demand by 15-20 per cent at the end of July, beginning of August. Apart from university students, more and more young people choose to rent a flat as to live on their own, and more and more of them move out to big cities from small towns, or to the capital from the cities – says László Balogh, lead economic expert of ingatlan.com.

According to ingatlan.com’s data, the average rent in Budapest in 2014 was 360 EUR per month. However, in 2015 it was 425 EUR, in 2016 458 EUR, and this year 490 EUR. In the bigger college towns the situation is the same:
– in Veszprém, the rent became more expensive by 75 EUR, thus it is  343 EUR now,
– in Székesfehérvár by 45 EUR, making it 340 EUR,
– in Szombathely by 55 EUR, making it 327 EUR,
– in Szeged by 16 EUR, making it 278 EUR,
– in Pécs by 9 EUR, making it 271 EUR,
– in Miskolc by 42 EUR, making it 228 EUR.

[button link=”https://dailynewshungary.com/expensive-apartments-budapest/” type=”big” color=”silver” newwindow=”yes”] This is where the most expensive apartments in Budapest are[/button]

The situation has not changed in Debrecen (278 EUR) and Győr (310 EUR), but the rent prices have fallen by 32 EUR to 327 EUR in Sopron. The upper limit of the rise is limited by the expansion of supply and by the wages. Although a rise in prices is expected in the following years, it will be to a lesser extent because of the limitations on paying capacity.