These are the most expensive cities to live in

More than 65.000 properties in 28 European countries were surveyed to crown the most expensive cities to rent in Europe. Conclusion? Amsterdam is number 1, where you pay € 2.275 for an apartment, € 963 for a room and € 1.740 per month for a studio. But the Netherlands appears more often in the list. These are the ten most expensive European cities to rent.

HousingAnywhere, Europe's largest platform for medium-term rentals, released The International Rent Index by City this week. A ranking of European cities where you have to pay the most for a rental property. For this purpose, the average rental prices of apartments, rooms and studios were taken into account. More than 65.000 pieces in total. Conclusion? Amsterdam is the most expensive city in Europe to rent. On average you pay €2.275 per month for an apartment, €963 for a room and €1.740 for a studio. Rome is at number two, where you pay an average of €2.000 for an apartment, and Paris completes the top three (€1.862 for an apartment). In addition to Amsterdam, Rotterdam (4), The Hague (5) and Utrecht (7) are also in the top ten when we talk about renting an apartment. The Netherlands is in the lead when it comes to rooms, with the top three being Amsterdam, Utrecht and The Hague.

Vs. 2023 2024

On average, rental prices will increase by 3,8% compared to the first quarter of 2023, where the highest increase can be seen in studios at 4,4%. Apartments (3,9%) and rooms (3,2%) follow next. The International Rent Index by City analyzes price variations in rooms, 1 to 3 bedroom apartments and studios advertised on the platform. Of the more than 65.000 homes analyzed in 28 European cities, 98% are furnished and 62% include service costs.

Djordy Seelmann, CEO of HousingAnyhwere: “Despite recent improvements, inflation continues to put pressure on tenants' wallets. At the same time, rising construction costs pose a risk to cities' residential housing expansion plans. Industry leaders and policymakers must prioritize collaboration to ensure supply expansion plans are implemented in a timely manner, as addressing supply gaps is crucial to effectively reduce pressure on Europe's rental markets in the long term.”