Press release: 12.524-115/21

Average monthly rent in 2020 was €8.3 per square metre, for newly contracted private rents €10.8

Vienna, 2021-05-25 – In 2020, the average monthly rent (including running costs) was €8.3 per square metre, as Statistics Austria reports. The actual amount of rent varies depending on the length of the lease, the rental segment and the region. Between 2016 and 2020, rents rose by an average of 12.2%, which is higher than the inflation rate of +7.3%. The increase in net rent was even higher at +15.5%.

For more detailed information please refer to the German version.