Living Costs Higher Than Ever: Average Rent Reaches 10 Euros Per Square Meter for the First Time

"At the beginning of 2025, the average rent per square meter including operating costs reached the 10-euro mark for the first time since the survey began in 1974," explained Thomas Burg, Director General of Statistics Austria. Smaller apartments, in particular, are disproportionately expensive, said Burg.

Average Rent: Small Apartments Significantly More Expensive

On average, main rental apartments without operating costs cost 502.0 euros per month, with operating costs amounting to 165.2 euros per apartment or 2.5 euros per square meter. The data refers to around 1.8 million main rental apartments in Austria.

The size of the apartment plays a significant role in the rental price: While the average rent for apartments under 40 square meters was 13.0 euros per square meter, it was 10.4 euros for apartments between 40 and 65 square meters, and those between 65 and 100 square meters cost around 9.2 to 9.3 euros per square meter. Main rental apartments over 100 square meters cost an average of just under 9.0 euros per square meter.

Nearly half of all main rental apartments in Austria are smaller than 65 square meters, with around 9 percent even being under 40 square meters in size.

(APA/Red.)

This article has been automatically translated, read the original article here.