London, Dublin, Stockholm most expensive European capitals for rent
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IN SHORT
London and Dublin are among the most expensive European capitals for rent, according to Eurostat data. London has the highest average monthly rent for a two-bedroom flat at €3,050, while Geneva is slightly higher at €3,350. Stockholm also features on the list of costly capitals. In contrast, Skopje offers the most affordable rental market, with average rents at €470 per month for a similar property. The data highlights significant rental cost variations across the continent.
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Key Numbers
€3,050average monthly rent in London for a two-bedroom flat
€3,350average monthly rent in Geneva for a two-bedroom flat
€470average monthly rent in Skopje for a two-bedroom flat
Who's Involved
Eurostat
data provider on European rental costs
London
European capital with high rental costs
Dublin
European capital with high rental costs
Geneva
city with high rental costs
Stockholm
European capital with high rental costs
Skopje
most affordable European capital for rent
Key facts
London is one of the most expensive European capitals for rent.
London has an average monthly rent of €3,050 for a two-bedroom flat.
Geneva has an average monthly rent of €3,350 for a two-bedroom flat.
Stockholm is among the most expensive European capitals for rent.
Skopje is the most affordable European capital for rent.
Skopje has an average monthly rent of €470 for a two-bedroom flat.
Eurostat data reveals significant disparities in rental costs across European capitals.
Rental costs vary significantly across European capitals, with London and Dublin identified as particularly expensive. Data from Eurostat indicates that London has the highest average monthly rent for a two-bedroom flat, standing at €3,050. Geneva, though not a capital, is noted with an even higher average rent of €3,350 for a comparable property. Stockholm is also listed among the capitals with high rental prices. On the other end of the spectrum, Skopje is the most affordable capital city for renters, with average monthly rents for a two-bedroom flat costing €470. This disparity underscores the wide range of living expenses faced by residents in different European urban centers.
Frequently asked questions
Geneva is the most expensive city for rent, with an average monthly rent of €3,350 for a two-bedroom flat. London is the second most expensive at €3,050.
Dublin and Stockholm share the title of the most expensive EU capitals for rent, with average monthly rents of €2,650 for a two-bedroom flat.
Skopje is the cheapest city for rent, with an average monthly rent of €470 for a two-bedroom flat. Pristina and Ankara are also among the cheapest.
High rents are attributed to strong demand from workers, students, and newcomers, coupled with insufficient housing supply. Rising interest rates and elevated construction costs also play a role.
What Happens Next
01Eurostat will continue to monitor and publish rent data across European cities.
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