Renting a house in Portugal had a median cost of 16.1 euros per square meter (euros/m2) at the end of October this year, according to the idealista price index. In relation to the quarterly variation, house rents fell 1.5%.
When analysing the 13 capitals with representative samples, it appears that house rents rose in one year in 10 large cities. Leading the rise in house prices for rent, is Coimbra (11%), Funchal (10.9%) and Viseu (10.3%). Rents also became more expensive in Braga (9.9%), Santarém (6.9%), Porto (6.1%), Lisbon (5.3%), Setúbal (4.3%), Castelo Branco ( 1.8%) and Viana do Castelo (1.1%).
In Leiria, rent prices for houses remained stable. On the other hand, in Évora houses for rent were 3.6% cheaper, as well as in Aveiro (-1.4%).
Lisbon continues to be the city where it is most expensive to rent a house: 22 euros/m2. Porto (17.5 euros/m2) and Funchal (15.2 euros/m2) occupy second and third place, respectively. Next come Setúbal (12 euros/m2), Aveiro (11.4 euros/m2), Évora (11.3 euros/m2) and Coimbra (11.2 euros/m2).
The most economical cities to rent a house are Castelo Branco (6.6 euros/m2), Viseu (7 euros/m2), Leiria (8 euros/m2), Viana do Castelo (8.1 euros/m2), Santarém (8.3 euros/m2) and Braga (9.5 euros/m2).