According to the idealista price index, renting a house cost 14.3 euros per square meter (euros/m2) at the end of December last year, taking into account the median value. In relation to the quarterly variation, prices fell 2.3%.

According to idealista, in the last year, prices in the region rose in Albufeira (13.9%), Faro (13.9%), Vila Real de Santo António (13.2%), Silves (10.3%), Olhão (2.7%), Portimão (2.7%) and Lagos (1.8%). In Loulé, prices remained stable (0.3%). On the other hand, prices fell in Lagoa (-6.9%).

The most expensive municipality to rent a house is Loulé (16.3 euros/m2), followed by Albufeira (15 euros/m2), Tavira (14.6 euros/m2), Faro (14.1 euros/m2), Lagos (13.7 euros/m2), Portimão (12.9 euros/m2) and Silves (12.6 euros/m2). On the other hand, the most economical are Olhão (11.5 euros/m2), Vila Real de Santo António (11.7 euros/m2) and Lagoa (12.3 euros/m2).