Moderate to good rental yields in Romania

Residential Valuation Specialist | November 22, 2022

Last Updated: Sept. 14, 2022
BUCHAREST - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Titan
Studio €49,762 €300 7.23%
1-Bedroom €73,533 €400 6.53%
2-Bedroom €103,000 €450 5.24%
3-Bedroom €139,296 €525 4.52%
Berceni
Studio €43,500 €300 8.28%
1-Bedroom €64,500 €350 6.51%
2-Bedroom €91,000 €450 5.93%
3-Bedroom €110,000 €550 6.00%
Militari
Studio €36,000 €240 8.00%
1-Bedroom €59,999 €320 6.40%
2-Bedroom €85,950 €400 5.58%
Drumul Taberei
Studio €48,000 €300 7.50%
1-Bedroom €68,000 €380 6.71%
2-Bedroom €83,250 €400 5.77%
3-Bedroom €105,000 €500 5.71%
Ultracentral
Studio €65,000 €399 7.37%
1-Bedroom €128,000 €580 5.44%
2-Bedroom €207,175 €595 3.45%
3-Bedroom €316,000 €1,300 4.94%
Băneasa
Studio €83,500 €390 5.60%
1-Bedroom €118,185 €600 6.09%
2-Bedroom €175,000 €1,000 6.86%
3-Bedroom €392,500 €1,100 3.36%
Floreasca
Studio €74,900 €400 6.41%
1-Bedroom €158,950 €650 4.91%
2-Bedroom €351,800 €1,800 6.14%
3-Bedroom €734,000 €3,300 5.40%
Bucharest avg. Rental Yields 5.83%
TIMISOARA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Girocului
Studio €51,000 €235 5.53%
1-Bedroom €72,000 €340 5.67%
2-Bedroom €89,900 €400 5.34%
3-Bedroom €124,740 €700 6.73%
Aradului
Studio €49,500 €300 7.27%
1-Bedroom €84,500 €400 5.68%
2-Bedroom €96,990 €445 5.51%
3-Bedroom €134,000 €650 5.82%
Complex Studenţesc
Studio €32,000 €250 9.38%
1-Bedroom €71,900 €370 6.18%
2-Bedroom €105,000 €490 5.60%
3-Bedroom €160,000 €700 5.25%
Timisoara avg. Rental Yields 6.16%
CLUJ-NAPOCA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Mănăştur
Studio €72,000 €320 5.33%
1-Bedroom €102,000 €450 5.29%
2-Bedroom €131,000 €500 4.58%
3-Bedroom €145,000 €575 4.76%
Mărăşti
Studio €68,000 €350 6.18%
1-Bedroom €122,500 €550 5.39%
2-Bedroom €155,000 €650 5.03%
3-Bedroom €180,000 €670 4.47%
Gheorgheni
Studio €76,500 €360 5.65%
1-Bedroom €124,900 €550 5.28%
2-Bedroom €173,500 €700 4.84%
3-Bedroom €240,000 €910 4.55%
Zorilor
Studio €89,000 €300 4.04%
1-Bedroom €135,000 €500 4.44%
2-Bedroom €167,500 €620 4.44%
3-Bedroom €239,000 €875 4.39%
Central
Studio €87,000 €490 6.75%
1-Bedroom €150,000 €600 4.80%
2-Bedroom €200,000 €800 4.80%
3-Bedroom €339,900 €950 3.35%
Bună Ziua
Studio €103,000 €355 4.14%
1-Bedroom €142,000 €535 4.52%
2-Bedroom €210,000 €750 4.29%
3-Bedroom €292,495 €1,500 6.15%
Cluj-Napoca avg. Rental Yields 4.89%
CRAIOVA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Craiova (all locations)
Studio €48,250 €222 5.52%
1-Bedroom €73,000 €300 4.93%
2-Bedroom €98,000 €400 4.90%
3-Bedroom €127,000 €390 3.69%
Craiova avg. Rental Yields 4.76%
GALATI - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Galati (all locations)
Studio €33,000 €223 8.12%
1-Bedroom €53,500 €300 6.73%
2-Bedroom €69,000 €333 5.78%
Galati avg. Rental Yields 6.88%
IAȘI - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Iași (all locations)
Studio €50,000 €320 7.68%
1-Bedroom €69,500 €400 6.91%
2-Bedroom €90,000 €500 6.67%
3-Bedroom €119,000 €600 6.05%
Iași avg. Rental Yields 6.83%
BRASOV - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Brasov (all locations)
Studio €51,500 €350 8.16%
1-Bedroom €82,781 €450 6.52%
2-Bedroom €120,000 €600 6.00%
3-Bedroom €142,200 €700 5.91%
Brasov avg. Rental Yields 6.65%
CONSTANŢA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Constanţa (all locations)
Studio €57,677 €350 7.28%
1-Bedroom €80,000 €450 6.75%
2-Bedroom €110,000 €600 6.55%
3-Bedroom €138,250 €1,000 8.68%
Constanţa avg. Rental Yields 7.31%
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 Definitions: Data FAQ See also: Update Schedule

Get updated rental yields data for 75 countries

Houses and apartments are not expensive in Bucharest, with a two-bedroom apartment price varying from around EUR €83,250 to EUR €351,800.

Bucharest´s rental yields are moderate to good, ranging from 3.45% to 8.28% with a city average of 5.83%.

Please note that our prices primarily represent well-maintained apartments. We have used the "useful area" instead of the "built area" when we computed for the sq. m. prices because we only included old apartments in our survey. When one buys an old apartment in Bucharest, one buys the useful area. But when a developer sells an apartment, he sells the built surface. Therefore, the buyer becomes the co-owner of the conjoint spaces.

Rental yields are about the same or slightly higher in other cities and areas inside Romania. Cluj-Napoca produces an average yield of 4.89%, Timisoara can produce an average of 6.16%, Craiova´s average rental return is 4.76%, in Galati you can expect an average return of 6.88%, Iași produces on average 6.83%, Brasov average rental yield is 6.65%, and Constanţa average rental yield produces 7.31%.

Round trip transaction costs are moderate in Romania. See our Romania transaction costs analysis and our Residential property transaction costs in Romania compared to other countries.