This is where rent takes the biggest part of the salary in Hungary

In recent years, rents in Hungary have gone through the roof. This is confirmed by the latest survey, which shows that in some places rent costs almost half of the average salary, while in others it is only a quarter.

In theory, the ideal housing situation would be if rents did not exceed 30% of tenants’ salaries. With this in mind, Ingatlan.com has analysed the rents of more than 14,000 rental properties in different parts of Hungary to find out how much of the average salary is needed to rent an apartment.

Rent situation in Budapest

There are significant differences in housing, no wonder. In the capital, on average 37% of salaries go on rent: the average gross salary was 697,000 forints (1790 euros), compared to 250,000 forints (642 euros) in mid-February.

The capital’s fifth district is particularly expensive, with 44 percent of the average salary: an average rent of 340 thousand forints (EUR 873) for an average salary of 779 thousand forints (EUR 2000). In districts XI and XIII, with the largest supply of rented accommodation, the ratio of rents to gross salaries is 30 and 31 percent respectively. With rents of 250 thousand forints, earnings were 841 thousand forints (EUR 2160) respectively. The cheapest district continues to be the 15th, where the average rent for a rented apartment is 24 percent of the local gross wage.

Rent situation outside Budapest

Székesfehérvár and Debrecen are the most expensive of the duchy towns, but even there the ratio is close to ideal, at 33-33 percent. Debrecen has a rent of HUF 200,000 (EUR 513) and an average salary of HUF 599,000 (EUR 1530), while Székesfehérvár has an average rent of HUF 205,000 and a gross average salary of HUF 620,000.