HCSO–ingatlan.com-rent index, September 2025
Figure 1
Rental fees moderated in September 2025: they fell by 1.1% nationally and 0.2% in Budapest compared to the previous month. Rental fees for homes were 6.5% higher nationally and 6.6% higher in Budapest than a year earlier, and 126% and 116% higher than in the base period of 2015, respectively. The real rent index was 31% higher nationally and 25% higher in Budapest than the 2015 base year. As consumer prices stagnated compared to the previous month, the decrease in real rents essentially corresponded to the drop in nominal rents (1.0% nationally, 0.2% in Budapest). The real rents surpassed the indicator of the corresponding period of the previous year by 2.1% nationally and 2.2% in Budapest.
Figure 2
Within the capital, rents in the hilly districts of Buda fell most significantly (1.1%) compared to the previous month. Among the district groups, the asking prices rose in the 'other districts' of Buda (by 0.7%), while a larger moderation occurred in downtown Pest (-0.8%), and a smaller decrease was seen in the transitional and outer districts of Pest (-0.1% and -0.4%). Accordingly, the annual increase in rents was lowest in the hilly districts of Buda (5.2%), while in other areas of the capital, an increase between 6.6% and 8.1% was characteristic.
Figure 3
In September 2025, the vast majority (93%) of the advertisements observed concerned flats in multi-dwelling buildings, with the remaining approximately 7% being detached houses. In Budapest, only 2.9% of the dwellings for rent were detached houses. 44% of advertisements came from private individuals, and this proportion was similar to the national average in the capital city too.
Expected next release:November 2025
Rental fees moderated in September 2025: they fell by 1.1% nationally and 0.2% in Budapest compared to the previous month. Rental fees for homes were 6.5% higher nationally and 6.6% higher in Budapest than a year earlier, and 126% and 116% higher than in the base period of 2015, respectively. The real rent index was 31% higher nationally and 25% higher in Budapest than the 2015 base year. As consumer prices stagnated compared to the previous month, the decrease in real rents essentially corresponded to the drop in nominal rents (1.0% nationally, 0.2% in Budapest). The real rents surpassed the indicator of the corresponding period of the previous year by 2.1% nationally and 2.2% in Budapest.
Within the capital, rents in the hilly districts of Buda fell most significantly (1.1%) compared to the previous month. Among the district groups, the asking prices rose in the 'other districts' of Buda (by 0.7%), while a larger moderation occurred in downtown Pest (-0.8%), and a smaller decrease was seen in the transitional and outer districts of Pest (-0.1% and -0.4%). Accordingly, the annual increase in rents was lowest in the hilly districts of Buda (5.2%), while in other areas of the capital, an increase between 6.6% and 8.1% was characteristic.
In September 2025, the vast majority (93%) of the advertisements observed concerned flats in multi-dwelling buildings, with the remaining approximately 7% being detached houses. In Budapest, only 2.9% of the dwellings for rent were detached houses. 44% of advertisements came from private individuals, and this proportion was similar to the national average in the capital city too.
Expected next release:November 2025