Student rents in Budapest monthly average 490 euros

Student rental accommodation in Budapest is being advertised for a monthly 150,000 forints (EUR 490) on average, according to estate agents.

Students will find out later on Wednesday where they will begin their studies and this will influence rents in the capital and other cities.

Rents vary from district to district, with flats in the central fifth district going for 228,000 (EUR 745) per month while further away from downtown the price drops to around 90,000 forints (EUR 294), Ingatlan.com said in a statement.

Students flats in Szeged, in south-east Hungary, will cost around 90,000 forints a month while in Pecs (SW) and Debrecen (E) around 82,000 forints is the going rate. In Miskolc, in the north-east, rents are typically 68,000 forints.

As we wrote, estate prices in the inner districts of Budapest rose by more than 30% since 2015

Photo: Daily News Hungary

Source: MTI