Malta House Prices, Rents & Rental Yields (2026)
How much property costs in Malta, what it rents for and how that compares with neighbouring markets in Southern Europe. City-centre prices per m² rank 3 of 10 in this comparison; gross yields rank 3 of 9.
- Apartment price per m² (city centre)
- $3,806
- 2023
- Apartment price per m² (outside centre)
- $3,142
- 2023
- Gross rental yield (city centre)
- 5.3%
- 2024
- Price-to-income ratio
- 11.4
- 2024
- Rent: 1-bedroom, city centre
- $1,070/mo
- 2023
- Mortgage interest rate (20-year fixed)
- 5.0%
- 2023
Price and rent trends in Malta
Latest property market indicators
| Indicator | Value | Year | Change | Source |
|---|---|---|---|---|
| Apartment price per m² (city centre)Average asking price per square metre to buy an apartment in city centres | $3,806 | 2023 | -6.0% vs 2022 | Numbeo |
| Apartment price per m² (outside centre)Average price per square metre to buy an apartment outside city centres | $3,142 | 2023 | +16.8% vs 2022 | Numbeo |
| Price-to-income ratioMedian apartment price divided by median annual disposable family income | 11.4 | 2024 | -5.8% vs 2023 | Numbeo |
| Gross rental yield (city centre)Annual rent as a percentage of purchase price, city-centre apartments | 5.3% | 2024 | ±0.0 pp vs 2023 | Numbeo |
| Price-to-rent ratio (city centre)Purchase price divided by annual rent, city-centre apartments | 18.8 | 2024 | ±0% vs 2023 | Numbeo |
| Rent: 1-bedroom, city centreAverage monthly rent of a one-bedroom apartment in the city centre | $1,070/mo | 2023 | +14.7% vs 2022 | Numbeo |
| Rent: 1-bedroom, outside centreAverage monthly rent of a one-bedroom apartment outside the centre | $897/mo | 2023 | +16.0% vs 2022 | Numbeo |
| Rent: 3-bedroom, city centreAverage monthly rent of a three-bedroom apartment in the city centre | $1,803/mo | 2023 | -3.5% vs 2022 | Numbeo |
| Rent: 3-bedroom, outside centreAverage monthly rent of a three-bedroom apartment outside the centre | $1,427/mo | 2023 | +11.3% vs 2022 | Numbeo |
| Mortgage interest rate (20-year fixed)Average yearly mortgage interest rate, 20-year fixed | 5.0% | 2023 | +1.6 pp vs 2022 | Numbeo |
| Home ownership rateShare of owner-occupied dwellings | 74.7% | 2024 | ±0.0 pp vs 2023 | Trading Economics |
Year-by-year data
| Year | Apartment price per m² (city centre) | Apartment price per m² (outside centre) | Price-to-income ratio | Gross rental yield (city centre) | Price-to-rent ratio (city centre) | Rent: 1-bedroom, city centre | Rent: 1-bedroom, outside centre | Rent: 3-bedroom, city centre | Rent: 3-bedroom, outside centre | Mortgage interest rate (20-year fixed) | Home ownership rate |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | — | — | 11.4 | 5.3% | 18.8 | — | — | — | — | — | 74.7% |
| 2023 | $3,806 | $3,142 | 12.1 | 5.3% | 18.8 | $1,070/mo | $897/mo | $1,803/mo | $1,427/mo | 5.0% | 74.7% |
| 2022 | $4,050 | $2,689 | 13.1 | 5.0% | 19.9 | $933/mo | $774/mo | $1,868/mo | $1,283/mo | 3.4% | 82.6% |
| 2021 | $5,938 | $4,441 | 12.5 | 5.4% | 18.4 | $988/mo | $816/mo | $1,747/mo | $1,253/mo | 4.0% | 81.9% |
| 2020 | $2,635 | $2,746 | 12.3 | 5.7% | 17.6 | $868/mo | $709/mo | $1,563/mo | $1,147/mo | 3.4% | 81.9% |
| 2019 | $3,892 | $2,600 | 10.8 | 5.8% | 17.3 | $1,013/mo | $844/mo | $1,814/mo | $1,431/mo | 4.5% | 79.8% |
| 2018 | $4,372 | $2,461 | 9.7 | 5.8% | 17.2 | $970/mo | $727/mo | $1,746/mo | $1,193/mo | 3.4% | 81.6% |
| 2017 | $3,371 | $2,020 | 8.7 | 5.9% | 17 | $905/mo | $702/mo | $1,590/mo | $1,151/mo | 3.8% | 81.3% |
Malta compared with Southern Europe
| Country | Apartment price per m² (city centre) | Gross rental yield (city centre) | Price-to-income ratio | Mortgage interest rate (20-year fixed) |
|---|---|---|---|---|
| Malta | $3,806 | 5.3% | 11.4 | 5.0% |
| Albania | $2,304 | 4.8% | 14.1 | 5.4% |
| Bosnia and Herzegovina | $2,094 | 2.6% | 12.5 | 3.8% |
| Croatia | $4,018 | 3.3% | 13.4 | 3.8% |
| Greece | $2,918 | 3.9% | 13.6 | 4.6% |
| Italy | $4,911 | 4.2% | 10.7 | 4.2% |
| Kosovo | $1,677 | — | — | — |
| Montenegro | $2,343 | 6.3% | 12.3 | 6.5% |
| North Macedonia | $1,789 | 3.4% | 14.8 | 5.5% |
| Portugal | $3,523 | 6.4% | 12.6 | 3.8% |
Related
- Properties for sale in Malta (48,305)
- Mortgages in Malta for foreigners
- Malta market overview
- Tax rates in Malta
Prices, rents, yields and mortgage rates: Numbeo (crowd-sourced, national averages of city data). Values in US dollars.