Home rental rates in Hungary edge up 1.4% in July

Residential

Photo by Peter Gudella / Shutterstock.com

Home rental rates in Hungary rose 1.4% year-on-year in July, climbing for the second month in a row after falling for more than a year, data compiled by the Central Statistical Office (KSH) from listings site Ingatlan.com show.

Rental rates in the capital edged 0.2% lower in July. Rates there have dropped with little exception since the start of the pandemic.

The monthly rental rate for a flat in the capital averaged HUF 152,000 in the first half of the year.

In a month-on-month comparison, home rental rates rose 2.7% countrywide and increased 2.4% in Budapest in July.

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