Rent house: Prices rise 7.2% in August
Are you looking to rent a house? Find out how much rents have increased since 2023.
23 set 2024 • 1 min
House rents rise by 7.2% from August 2023 to August 2024.
The value of house rents per square meter increased by 7.2% in August compared to the same month in 2023, and 0.1 percentage points from July to August. The data is from the National Institute of Statistics (INE) and indicate year-on-year growth in all regions.
According to the data, in August "all regions showed positive year-on-year variations in housing rents, with Madeira recording the most intense increase (7.7%)", as quoted in Notícias ao Minuto.
Regarding monthly terms, the average value of housing rents per square meter recorded a variation of 0.4% - a value identical to the previous month.
Regarding regions with the highest positive monthly variation, the Algarve and Madeira stand out, with no region showing a negative variation compared to the respective average value of housing rents.
Undecided about renting or buying a house? Talk to a credit intermediary from Poupança no Minuto to understand the best conditions you could get in home credit, without obligation and without costs, or simulate the financing directly now:
Did you enjoy reading? Share it!
Related Articles
Buying a house for renting: is it worth it?
3 min
Are you a tenant? Get ready for the rent increase in 2024
5 min
Which are the Lisbon councils with the lowest rents?
3 min
Income: Learn about the new support for tenants.
3 min
Want to save on credits and insurance?
Subscribe to our newsletter and never miss any content. Learn how to have a healthier financial life.
Talk to an agent now
Want to know more? Talk to one of our agents to clarify any doubts and discover the perfect solution for you.
Call to national landline | Monday to Friday, 9am to 7pm.