Students attention! This is the monthly rent of a small flat now in Hungary
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Compared to other European university cities, students can rent an apartment in Hungary at a much more affordable price during their studies. Let’s see how much it costs to rent a small student flat in Budapest and in the university towns in the countryside.
The admission thresholds for higher education institutions were announced on 21 July. This period is a boom in the rental market every year as students rush to find flats. In order to facilitate their decision, the Hungarian real estate agency Otthon Centrum has compiled a guide to the rent prices in Budapest and in the university towns in the countryside. This can be useful for both local students studying in other cities than their hometowns, as well as Erasmus students spending their next semester at a Hungarian university.
Read also: Guide for foreign students in Budapest
Budapest
Based on rental contracts signed in the first half of the year, the average price of one-room flats in the capital is around EUR 309 (~HUF 125,000). The average rent for two-room apartments in the city centre is EUR 459 (~HUF 186,000), while the cheapest two-room apartments in the suburbs of Pest cost EUR 353 (~HUF 143,000) – reported by the Hungarian news portal KKV Magazin. Flats larger than this are typically rented jointly by several students. In the case of three-bedroom flats, the most favourable offers are advertised in the suburbs of Pest and in the countryside. The average price for a three-bedroom flat in Buda was EUR 709 (~HUF 287,000), while in the inner districts of Pest it was EUR 509 (~HUF 206,000). Right before the announcement of the admission thresholds on 21 July, the rent of available rooms ranged between EUR 88-293 (~HUF 35,500-118,500) in the Hungarian capital.
University towns in the countryside
In the countryside, the average rent for a one-room apartment is EUR 185 (~HUF 75,000). In the case of two-rooms flats, tenants pay EUR 242 (~HUF 98,000) on a monthly basis. If more students would like to reside jointly, the average price they need to pay for a bigger three-bedroom apartment in the university towns is EUR 415 (~HUF 168,000).
A recently published summary of ingatlan.com also shows what are the rental prices in each Hungarian university city. Accordingly, the brick-built apartments for rent in Debrecen cost EUR 371 (~HUF 150,000). In Győr, Szeged and Pécs they are all EUR 346 (~HUF 140,000), and in Miskolc the average is EUR 247 (~HUF 100,000). In the case of apartments, Debrecen, Szeged and Pécs have the same rental price of EUR 297 (~HUF 120,000), while Győr and Miskolc have EUR 284 (~HUF 115,000) and EUR 241 (~HUF 97,500) respectively. In the university towns in question, rooms for rent were available for EUR 99-161 (~HUF 40,000-65,000) – reported by Pénzcentrum.