Gross Rental Yields in Hungary: Budapest and 4 other cities

The average gross rental yield in Hungary stands at 5.09% (Q2, 2023).

  • Budapest
  • Debrecen
  • Pécs
  • Nyíregyháza
  • Kecskemét
  Last Updated: Aug. 22, 2023
BUDAPEST - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
District XIII (Hegyvidék)  
Studio €95,141 €376 4.74%
1-Bedroom €150,198 €576 4.60%
2-Bedroom €210,312 €951 5.43%
3-Bedroom €297,454 €1,238 4.99%
District XIV (Zugló)      
Studio €83,874 €351 5.02%
1-Bedroom €117,424 €426 4.35%
2-Bedroom €175,260 €626 4.29%
3-Bedroom €248,619 €726 3.50%
District III (Óbuda-Békásmegyer)      
Studio €87,380 €401 5.51%
1-Bedroom €111,528 €501 5.39%
2-Bedroom €149,973 €751 6.01%
3-Bedroom €331,617 €1,152 4.17%
4+Bedroom €523,777 €2,505 5.74%
District XI (Újbuda)      
Studio €107,444 €350 3.91%
1-Bedroom €144,110 €501 4.17%
2-Bedroom €225,269 €801 4.27%
3-Bedroom €356,155 €1,202 4.05%
4+Bedroom €487,680 €1,528 3.76%
District VI (Terézváros)      
Studio €99,680 €401 4.83%
1-Bedroom €156,532 €676 5.18%
2-Bedroom €240,434 €1,002 5.00%
3-Bedroom €270,538 €1,804 8.00%
District VII (Erzsébetváros)  
Studio €85,655 €401 5.62%
1-Bedroom €129,985 €551 5.09%
2-Bedroom €180,325 €814 5.42%
3-Bedroom €220,448 €1,127 6.13%
4+Bedroom €306,303 €1,502 5.88%
District VIII (Józsefváros)  
Studio €82,399 €401 5.84%
1-Bedroom €119,967 €557 5.57%
2-Bedroom €162,794 €789 5.82%
3-Bedroom €199,109 €945 5.70%
District IX (Ferencváros)  
Studio €95,923 €388 4.85%
1-Bedroom €137,498 €551 4.81%
2-Bedroom €186,186 €820 5.29%
3-Bedroom €225,156 €1,125 6.00%
4+Bedroom €277,376 €1,252 5.42%
Budapest avg. Rental Yields 5.12%
DEBRECEN - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Debrecen (all locations)  
Studio €77,640 €351 5.43%
1-Bedroom €92,642 €401 5.19%
2-Bedroom €127,731 €476 4.47%
3-Bedroom €175,291 €751 5.14%
Debrecen avg. Rental Yields 5.06%
PÉCS - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Pécs (all locations)  
Studio €67,096 €250 4.47%
1-Bedroom €74,885 €341 5.46%
2-Bedroom €102,548 €551 6.45%
3-Bedroom €162,794 €689 5.08%
Pécs avg. Rental Yields 5.37%
NYÍREGYHÁZA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Nyíregyháza (all locations)  
Studio €57,429 €225 4.70%
1-Bedroom €71,379 €301 5.06%
3-Bedroom €93,168 €319 4.11%
3-Bedroom €112,453 €551 5.88%
Nyíregyháza avg. Rental Yields 4.94%
KECSKEMÉT - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Kecskemét (all locations)  
Studio €64,867 €250 4.62%
1-Bedroom €77,390 €301 4.67%
2-Bedroom €107,444 €451 5.04%
3-Bedroom €165,298 €751 5.45%
Kecskemét avg. Rental Yields 4.95%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide and Real Estate Hungary
Hungary´s Historic Rental Yield Data

Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of Hungary. We used the local real estate listing website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).

For instance, if the monthly rent is €500 and the purchase price is €100,000, the calculation would be: €500 (Monthly Rent) x 12 / €100,000 (Purchase Price) = 6% (Gross Rental Yield).