Private households spend a substantial part of their income on housing. Information on “housing costs” is given on several financial aspects of housing referring to rented flats as well as to the whole dwelling stock:
The monthly housing costs of rented homes are constantly collected by the Microcensus Housing Survey. Every quarter, the information of about 7 000 households living in rented dwellings is available to give a picture of rents and running costs. In the year 2020 the average rent including running costs per dwelling was €552; in terms of square metres of living space these were €8.27; compared to 2019, rents per dwelling including running costs were 3.2% higher, whereas costs per square metre rose by 3.0%. For quarterly results please refer to the table concerning housing costs (XLSX, 17KB).
Rents for dwellings varied considerably according to the duration of the contract. In 2020, €9.8 was paid on average for newly contracted (duration of the contract less than 2 years) dwellings (communal or cooperative or other rented dwellings). Households with long-lasting contracts (duration 30 years or longer) spent €5.6 rent including running costs.
It is the aim of EU-SILC to provide comprehensive information on the living conditions in Austrian private households – an important part are housing costs. Overall housing costs of all households are captured – comprising costs for rents, for energy and maintenance as well as running costs. Moreover, the interest repayments on mortgages are included for owner-occupied dwellings/houses and cooperative dwellings. In 2020, the median of housing costs of all Austrian private households stood at €488 per month, i.e., half of the households paid less, the other half more for housing.
Essential differences occurred with regard to the tenure status: half of the households in private ownership spent up to €411 (house) and €459 (dwelling) per month on housing. Expenditure per household was highest for privately rented dwellings (median: €718). This corresponds to the following costs per square metre: €3.0 were paid for housing costs per square metre of houses in private property, €5.7 were paid for owner-occupied apartments and €11.3 per square metre were spent on privately rented dwellings (median each).
|Results (overview): Housing costs - quarterly results|
|Results (overview): Housing costs|
|Results (overview): Rent and running costs|
|Results (overview): Housing costs (EU-SILC)|
|09.09.2021||Average monthly rent was €8.3 per square metre in the second quarter of 2021|
|25.05.2021||Average monthly rent in 2020 was €8.3 per square metre, for newly contracted private rents €10.8|
|28.10.2020||Rents including running costs rose to €8.0, for newly contracted private rents households pay €10,5 monthly per square metre|
© STATISTICS AUSTRIA, Last Changed 20.09.2021