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The biggest extremes from the Hungarian rental property market
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The high season of the Hungarian rental property market started on Thursday when the Educational Authority announced that 75,748 people have been admitted for the next academic year starting in September. Now, they are going to start to search for real estate to rent.
According to novekedes.hu, Hungary is the country of extremes considering the rental property market. At the moment, the cheapest is a flat in Hajdú-Bihar County for HUF 20 thousand (EUR 60) per month, but you can rent an apartment in Dunaújváros for HUF 40 thousand (EUR 120) per month. In Budapest, the cheapest apartment is in the 15th district. It is 23 square metres and costs HUF 60 thousand (EUR 180) per month.
The most expensive apartment in Hungary is in Rose Hill, in Budapest, and you can rent it for HUF 5.4 million (EUR 15,000) per month.
On Ingatlan.com, there are currently 18 thousand advertisements. Thus, freshmen, their families, and foreign students can choose from a lot of options. However, prices have skyrocketed in the last few years almost everywhere in the country.
The cheapest rentable Hungarian real estate is currently in Darvas (Hajdú-Bihar County).
It is a 100-square-metre house in the ownership of the local government, and it costs HUF 20 thousand per month (EUR 60). The closest city is Debrecen, but you have to travel there for 2 hours, so it is probably not the best choice for a freshman.
I rented a smart flat in a smart building in a smart part of Budapest to a female student a while ago. Never again. She broke the 12 month contract after 6 months and had the check to want her deposit back (she did not get it) and left the place filthy. I then told the agent, no more students, ever.
I think you were fortunate. At least she didn’t completely trash the place.