The monthly average rent including operating costs now reached the first quarter of 10.0 euros per square meter in the first quarter. In comparison with the previous year, home costs rose by 3.1 percent, according to Statistics Austria. The smaller the apartment, the higher the square meter rental prices.
According to Statistics Austria, an average of EUR 663.8 per lease rental apartment is now being paid – this corresponds to an increase of 1.0 percent compared to the previous quarter and 3.1 percent compared to the first quarter of 2024.
“At the beginning of 2025, the average rent per square meter including operating costs reached the brand for the first time since the beginning of 1974 with 10 euros,” said Thomas Burg, co-general director of Statistics Austria.
On average, the most important rental apartments without operating costs now cost 502.0 euros per month, the operating costs amounted to 165.2 euros per apartment or 2.5 euros per square meter. The data refer to approximately 1.8 million main rental apartments in Austria.
Small apartments even more expensive
The apartment size plays an important role in the entire rental price: for apartments with less than 40 square meters, residents have to be no less than 13.0 per square meter leaf every month. This affects many people, because about 9 percent of all lease rental objects, which are more than 160,000, are less than 40 square meters.
The bigger, the cheaper it gets – of course only relative. For apartments between 40 and 65 square meters, the rent is then 10.4 euros, which costs around 9.2 euros per square meter between 65 and 100 square meters. Main rental apartments of more than 100 square meters cost on average almost 9.0 euros per square meter.
Almost half of all main rental apartments in Austria are smaller than 65 square meters.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
