HCSO–ingatlan.com-rent index, November 2025
Figure 1
Rental fees showed a decreasing trend for the third consecutive month in November 2025: they fell by 0.8% nationally and in Budapest alike compared to the previous month. Market rental fees for homes were 6.2% higher nationally and 5.6% higher in Budapest than a year earlier, and 123% and 112% higher than in the base period of 2015, respectively. The real rent index was 29% higher nationally and 23% higher in Budapest than the 2015 base year. As consumer prices continued to stagnate compared to the previous month, real rents decreased to a similar extent as nominal rents: by 0.8% nationally and 0.9% in Budapest. On an annual basis, real rents surpassed the indicator of the corresponding period of the previous year by 2.3% nationally and 1.8% in Budapest.
Figure 2
Within the capital, rents increased in the hilly districts of Buda and the outer districts of Pest, while they decreased in the other district groups compared to the previous month. The largest decline was measured among dwellings for rent in the inner districts of Pest (–1.6%), while rents in the outer districts of Pest rose by 1.0%. The annual growth rate of rents in the other districts of Buda was below average (4.5%), while the highest increase occurred in the outer districts of Pest (7.7%).
Figure 3
In November 2025, the vast majority (93%) of the advertisements observed concerned flats in multi-dwelling buildings, with the remaining 6.7% being detached houses. In Budapest, only 2.6% of the dwellings for rent were detached houses. 41% of advertisements came from private individuals, and this proportion was 39% in the capital city.
Expected next release: 14 January 2025
Rental fees showed a decreasing trend for the third consecutive month in November 2025: they fell by 0.8% nationally and in Budapest alike compared to the previous month. Market rental fees for homes were 6.2% higher nationally and 5.6% higher in Budapest than a year earlier, and 123% and 112% higher than in the base period of 2015, respectively. The real rent index was 29% higher nationally and 23% higher in Budapest than the 2015 base year. As consumer prices continued to stagnate compared to the previous month, real rents decreased to a similar extent as nominal rents: by 0.8% nationally and 0.9% in Budapest. On an annual basis, real rents surpassed the indicator of the corresponding period of the previous year by 2.3% nationally and 1.8% in Budapest.
Within the capital, rents increased in the hilly districts of Buda and the outer districts of Pest, while they decreased in the other district groups compared to the previous month. The largest decline was measured among dwellings for rent in the inner districts of Pest (–1.6%), while rents in the outer districts of Pest rose by 1.0%. The annual growth rate of rents in the other districts of Buda was below average (4.5%), while the highest increase occurred in the outer districts of Pest (7.7%).
In November 2025, the vast majority (93%) of the advertisements observed concerned flats in multi-dwelling buildings, with the remaining 6.7% being detached houses. In Budapest, only 2.6% of the dwellings for rent were detached houses. 41% of advertisements came from private individuals, and this proportion was 39% in the capital city.
Expected next release: 14 January 2025