Rents Increased in Almost All of Austria Last Year

A comparison by the real estate platform willhaben.at, which compared 200,000 rental property listings, shows that the average offered rents per square meter increased in almost all analyzed regions over the past year. Particularly high price increases were noted in the districts of Klagenfurt-Land, Vienna-Alsergrund, and Eisenstadt-Umgebung, among others.
Vienna: Rents in Alsergrund and Ottakring Increased the Most
In Klagenfurt-Land, the offered price for rental properties on the real estate platform increased by 19.1 percent to an average of 16.2 euros per square meter. In Vienna-Alsergrund, the price per square meter rose by 18.6 percent to 19.3 euros, in Eisenstadt-Umgebung (11.85 euros) and Oberpullendorf (9.28 euros) it was an increase of 17.5 percent, and in Vienna-Ottakring (16.81 euros) an increase of 16.2 percent, according to the "willhaben rental price index".
Decreasing Prices Only for Rents in Bludenz and Burgenland
Meanwhile, only a few districts recorded decreasing offered prices per square meter. For instance, the cost per square meter for rent in Bludenz in Vorarlberg averaged 15.98 euros last year, which is 1.2 percent less than in 2023. It also became cheaper in Jennersdorf (minus 1.1 percent to 8.3 euros per square meter) and Güssing (minus 0.7 percent to 7.8 euros per square meter) in Burgenland. Güssing and Jennersdorf were also the districts in 2024 where it was the cheapest to live for rent in all of Austria.
Highest Rents in Austria in Vienna City
Rental apartments were also the most expensive in 2024 in the Vienna district of Innere Stadt, where the cost per square meter averaged 23.1 euros (plus 5.8 percent). This was followed by the Tyrolean districts of Innsbruck (23 euros per square meter) and Kitzbühel (21.1 euros per square meter) and Salzburg City (20.5 euros per square meter).
(APA/Red)
This article has been automatically translated, read the original article here.
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