Do you know where Hungary’s cheapest street is? Houses here can still sell for just a few thousand euros

While buying a home has become increasingly out of reach across much of Hungary, there is one street where property prices seem to belong to a different era altogether. In 2025, Szabadság Street in Kevermes, a village in Békés County, was officially named the cheapest residential street in the country. Here, the average price per square metre is just HUF 13,000 (EUR 34), meaning an entire house can change hands for as little as HUF 1–2 million (EUR 2,600–5,200).

A 500-fold gap in property prices

According to an analysis by Ingatlan.com, there is now a 514-fold difference between the prices of the most expensive and the cheapest public streets in Hungary. While luxury flats in Bárczy István Street in Budapest’s 5th District sold this year for around HUF 6.7 million (EUR 17,300) per square metre, the price of a single square metre in Kevermes would barely buy you the space of 4 dice rolls in the heart of the capital.

Statistics show that Hungary’s cheapest streets are almost always found in small rural settlements, where housing demand is weak, the population is shrinking, and job opportunities are scarce. Even so, Kevermes has surpassed all previous record holders, offering lower prices than earlier frontrunners such as Kiskunlacháza or the Somogy County village of Nágocs.

A street that resembles a ghost village

Blikk visited Hungary’s cheapest street in person. Szabadság Street runs along the edge of Kevermes and is lined with long rows of old, mostly dilapidated peasant houses. Several buildings are no longer habitable, with crumbling shacks and completely collapsed ruins scattered along the street. Many say the sight is more reminiscent of an abandoned village than a functioning residential area.

The population of Kevermes has declined dramatically over recent decades and now stands at just a fraction of its former size. Most residents of Szabadság Street are elderly, while younger generations have largely moved away.

Foreign buyers are also taking notice

Despite the bleak picture, some see potential in the village. Last year, a German man caused a minor sensation by purchasing a house on the street. He has been slowly renovating the property, already replacing the windows and doors.