Amsterdam Tops List for Most Expensive Medium-Term Rental Homes in Europe

Discover why Amsterdam has been named the city with the highest average monthly rent for apartments, studios, and rooms in Europe, according to a recent report by HousingAnywhere.

Amsterdam has been named the city with the most expensive medium-term rental homes in Europe, according to a recent report by HousingAnywhere. The Dutch capital topped the list with an average monthly rent of 2,276 euros for an apartment, 1,740 euros for a studio, and 963 euros for a room. This data was gathered by HousingAnywhere, a Rotterdam-based company that specializes in providing medium-term rental properties, by analyzing rents for over 67,000 homes in 28 European cities during the first quarter of this year.

Following Amsterdam, Rotterdam and The Hague also made it to the top ten in the apartment category of the International Rent Index. Rotterdam secured the fourth spot with an average monthly rent of 1,795 euros for an apartment, while The Hague followed closely behind in fifth place with an average rent of 1,790 euros. Utrecht also made it to the top ten, ranking seventh with an average monthly rent of 1,746 euros for an apartment.

Both Rotterdam and The Hague experienced significant increases in apartment rents over the past year. HousingAnywhere reported a 15.8 percent increase in apartment rents in Rotterdam and a 25.6 percent increase in The Hague compared to the previous year. These rising rental prices indicate a growing demand for housing in these cities, which could be attributed to factors such as population growth and limited availability of affordable housing.

Amsterdam, Rotterdam, The Hague, and Utrecht are among the most expensive cities in Europe when it comes to medium-term rental homes. The increasing rental prices in Rotterdam and The Hague reflect the challenges faced by residents in finding affordable housing in these popular Dutch cities.