Experimental statistics

In April 2024, rents changed in opposite directions in the Hungarian rental market as a whole and in the capital: nationally they increased by 0.8%, while in Budapest they decreased by 0.5% in one month, following a 1.8% increase in the previous month.

April rents were 12% higher nationally and 10% higher in Budapest than in the same period last year, and 103% and 93% higher than in the base period in 2015.

The real rent index was 23% higher than the 2015 baseline nationally and 17% higher in the capital. The national index was practically stagnant, while the index in the capital fell compared to the previous month.

In Budapest, rents were lower compared to the previous month: in those districts where they increased significantly in March, asking rents decreased in April. Rents rose by 1.4% in the Buda hill districts, fell by 0.9% in the other districts of Buda, while on the Pest side rents were 1.8% lower in the inner districts, 0.7% lower in the transitional districts and 0.8% higher in the outer districts of Pest compared with the previous month. Over a year, rents in the capital's district groups increased by 8-13%, with the highest increase in the Buda hill districts (13%).

In the first four months of 2024, the vast majority (91%) of the advertisements observed were for flats in multi-dwelling buildings, with the remaining 9% or so for detached houses. In Budapest, only 4.0% of the dwellings for rent were detached houses. In the first four months of 2024, 44% of the ads taken into account nationally and 43% in the capital were from individuals.

Expected next release: 12 June 2024

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Related data (HCSO Monitor)

HCSO-ingatlan.com rent index guide
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