August saw a big rise in home rental rates in Hungary, latest avarage prices here

Home rental rates in Hungary rose 9.9pc year-on-year in August, data compiled by the Central Statistics Office (KSH) from listings site Ingatlan.com show.

Rental rates in the capital increased 9.1pc, KSH said.

In a month-on-month comparison, home rental rates rose 0.5pc for the whole country and edged up 0.1pc in Budapest.

In H1, the monthly rental rate for a flat in the capital averaged HUF 250,000 (EUR 634). A home in a large city in the west of the country could be rented for HUF 178,000 (EUR 452)/month.

As we wrote today about “Airbnb issue in Hungary”,  with low turnout and almost identical turnout, the VI district ordered a ban, details HERE.

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