Of the +65,000 properties analyzed in 28 European cities, 98% are furnished and 62% include bills. HousingAnywhere’s International Rent Index analyzes price variations in rooms, 1-to-3 bedroom apartments and studios advertised on the platform that received interest from potential tenants. Industry leaders and policymakers must prioritize collaboration to ensure timely delivery of supply expansion plans, as tackling supply shortage is crucial to effectively alleviate pressure in Europe's rental markets over the long term”.Ī recent survey conducted by research company BONARD at the end of 2023 among Purpose Built Student Accommodation (PBSA) leaders revealed that 52% of respondents anticipate the need to increase rents to offset rising construction costs (2). Concurrently, rising construction costs pose a risk to cities' housing expansion plans for residential purposes. “While inflation has shown recent improvements (1), it continues to exert pressure on tenants’ wallets. Despite the slowdown in price growth, prices remain resistant to decline posing continued affordability challenges in Europe. Per property type, rent prices registered a 3.9% increase for apartments, 3.2% for rooms, and 4.4% for studios. This is just two points down compared to the 5.8% YoY hike at the end of 2023. After seven quarters of decelerating price increases, the Index recorded a 3.8% year-on-year (YoY) increase in the first quarter of 2024. Rotterdam, April 9th 2024 – The International Rent Index by City by HousingAnywhere, Europe’s largest mid-term rental platform, reveals that rent price increases are losing momentum for yet another quarter. Five cities in Europe consistently maintain their positions as the most highly priced across rooms, apartments, and studios, with apartments in Amsterdam and Paris at €2,275 and €1,862.

A 3.8% rent price increase in HousingAnywhere’s Rent Index for Q1 2024 points to prices remaining resilient against declines, despite increases losing steam.

Average monthly apartment rent