Hungary House Prices, Rents & Rental Yields (2026)

How much property costs in Hungary, what it rents for and how that compares with neighbouring markets in Eastern Europe. City-centre prices per m² rank 3 of 10 in this comparison; gross yields rank 9 of 10.

Apartment price per m² (city centre)
$3,700
2023
Apartment price per m² (outside centre)
$2,607
2023
Gross rental yield (city centre)
3.3%
2024
Price-to-income ratio
13.8
2024
Rent: 1-bedroom, city centre
$575/mo
2023
Mortgage interest rate (20-year fixed)
9.8%
2023

Price and rent trends in Hungary

Apartment price per m²
Monthly rents
Gross rental yield & mortgage rate
Price-to-income & price-to-rent ratios

Latest property market indicators

IndicatorValueYear
Apartment price per m² (city centre)Average asking price per square metre to buy an apartment in city centres$3,7002023
Apartment price per m² (outside centre)Average price per square metre to buy an apartment outside city centres$2,6072023
Price-to-income ratioMedian apartment price divided by median annual disposable family income13.82024
Gross rental yield (city centre)Annual rent as a percentage of purchase price, city-centre apartments3.3%2024
Price-to-rent ratio (city centre)Purchase price divided by annual rent, city-centre apartments30.62024
Rent: 1-bedroom, city centreAverage monthly rent of a one-bedroom apartment in the city centre$575/mo2023
Rent: 1-bedroom, outside centreAverage monthly rent of a one-bedroom apartment outside the centre$452/mo2023
Rent: 3-bedroom, city centreAverage monthly rent of a three-bedroom apartment in the city centre$991/mo2023
Rent: 3-bedroom, outside centreAverage monthly rent of a three-bedroom apartment outside the centre$747/mo2023
Mortgage interest rate (20-year fixed)Average yearly mortgage interest rate, 20-year fixed9.8%2023
Home ownership rateShare of owner-occupied dwellings90.5%2024

Year-by-year data

YearApartment price per m² (city centre)Apartment price per m² (outside centre)Price-to-income ratioGross rental yield (city centre)Price-to-rent ratio (city centre)Rent: 1-bedroom, city centreRent: 1-bedroom, outside centreRent: 3-bedroom, city centreRent: 3-bedroom, outside centreMortgage interest rate (20-year fixed)Home ownership rate
2024——13.83.3%30.6—————90.5%
2023$3,700$2,60714.63.2%31.3$575/mo$452/mo$991/mo$747/mo9.8%90.5%
2022$3,095$2,14210.93.8%26.2$445/mo$347/mo$798/mo$584/mo7.8%90.1%
2021$3,376$2,25011.63.8%26.4$498/mo$374/mo$903/mo$685/mo4.9%91.7%
2020$2,974$1,96214.83.8%26.3$474/mo$356/mo$820/mo$600/mo4.8%91.3%
2019$3,013$1,95412.64.4%23$519/mo$387/mo$958/mo$674/mo5.0%91.7%
2018$2,839$1,65913.34.5%22.3$508/mo$370/mo$914/mo$628/mo5.4%86.0%
2017$2,454$1,42911.25.4%18.4$459/mo$338/mo$842/mo$587/mo5.4%85.2%

Hungary compared with Eastern Europe

City-centre price per m²
Gross rental yield (city centre)
CountryApartment price per m² (city centre)Gross rental yield (city centre)Price-to-income ratioMortgage interest rate (20-year fixed)
Hungary$3,7003.3%13.89.8%
Belarus$1,8794.7%13.716.6%
Bulgaria$2,2424.6%8.93.7%
Czech Republic$5,7074.1%12.95.9%
Moldova$1,3955.8%11.513.3%
Poland$3,6664.3%12.27.6%
Romania$2,2694.5%117.9%
Russia$2,7124.2%16.111.1%
Slovakia$4,0093.3%14.54.3%
Ukraine$1,6115.2%1518.7%

Related

Prices, rents, yields and mortgage rates: Numbeo (crowd-sourced, national averages of city data). Values in US dollars.