Gross rental yields in Austria: Vienna, Graz and Salzburg

The average gross rental yield in Austria stands at 3.28% (Q1, 2024). Previously, in Q3, 2023 the average gross rental yield stood at 3.66%.

  • Vienna
  • Graz
  • Salzburg
  Last Updated: Feb. 01, 2024
VIENNA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Donaustadt - District 22  
Studio €239,000 €870 4.37%
1-Bedroom €301,001 €938 3.74%
2-Bedroom €435,000 €1,467 4.05%
3-Bedroom €674,776 €2,492 4.43%
Floridsdorf - District 21  
Studio €232,618 €703 3.63%
1-Bedroom €299,843 €838 3.35%
2-Bedroom €454,090 €1,198 3.17%
3-Bedroom €622,400 €1,750 3.37%
Favoriten - District 10  
Studio €199,500 €872 5.24%
1-Bedroom €265,003 €1,025 4.64%
2-Bedroom €360,000 €1,495 4.98%
3-Bedroom €499,700 €1,840 4.42%
Döbling - District 19  
Studio €232,000 €775 4.01%
1-Bedroom €420,000 €1,050 3.00%
2-Bedroom €639,000 €1,695 3.18%
3-Bedroom €1,119,000 €2,300 2.47%
Währing - District 18  
1-Bedroom €343,600 €865 3.02%
2-Bedroom €569,800 €1,695 3.57%
Penzing - District 14  
1-Bedroom €308,400 €935 3.64%
2-Bedroom €469,000 €1,450 3.71%
Liesing - District 23  
1-Bedroom €284,000 €850 3.59%
2-Bedroom €410,970 €1,299 3.79%
3-Bedroom €643,000 €1,399 2.61%
Landstraße - District 3  
1-Bedroom €410,100 €1,021 2.99%
2-Bedroom €699,000 €1,569 2.69%
3-Bedroom €999,000 €2,460 2.95%
Vienna avg. rental yields 3.64%
GRAZ - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Graz (all locations)  
Studio €149,000 €531 4.27%
1-Bedroom €214,600 €699 3.91%
2-Bedroom €333,631 €945 3.40%
3-Bedroom €535,114 €1,275 2.86%
Graz avg. rental yields 3.61%
SALZBURG - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Salzburg (all locations)  
1-Bedroom €445,000 €1,050 2.83%
2-Bedroom €550,000 €1,320 2.88%
3-Bedroom €950,000 €1,641 2.07%
Salzburg avg. rental yields 2.59%
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 Immowelt

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 Austria. We used the Immowelt 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).