Gross rental yields in Austria: Vienna, Graz and Salzburg

The average gross rental yield in Austria stands at 3.66% (Q3, 2023).

  • Vienna
  • Graz
  • Salzburg
  Last Updated: Aug. 14, 2023
VIENNA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Donaustadt - District 22  
Studio €292,410 €719 2.95%
1-Bedroom €299,901 €799 3.20%
2-Bedroom €419,000 €1,249 3.58%
3-Bedroom €656,691 €1,583 2.89%
Floridsdorf - District 21  
Studio €232,618 €699 3.61%
1-Bedroom €311,700 €849 3.27%
2-Bedroom €442,069 €1,198 3.25%
3-Bedroom €598,000 €1,413 2.84%
Favoriten - District 10  
Studio €216,502 €689 3.82%
1-Bedroom €275,005 €909 3.97%
2-Bedroom €367,500 €1,220 3.98%
3-Bedroom €498,000 €1,850 4.46%
Döbling - District 19  
Studio €269,000 €662 2.95%
1-Bedroom €420,000 €1,090 3.11%
2-Bedroom €635,525 €1,371 2.59%
3-Bedroom €1,249,000 €2,842 2.73%
Währing - District 18  
Studio €199,000 €673 4.06%
1-Bedroom €371,950 €1,050 3.39%
2-Bedroom €580,925 €1,649 3.41%
3-Bedroom €864,500 €2,290 3.18%
Penzing - District 14  
Studio €202,547 €590 3.50%
1-Bedroom €309,000 €810 3.15%
2-Bedroom €479,900 €1,350 3.38%
3-Bedroom €838,625 €1,820 2.60%
Liesing - District 23  
Studio €229,320 €700 3.66%
1-Bedroom €295,000 €850 3.46%
2-Bedroom €450,000 €1,285 3.43%
3-Bedroom €650,000 €1,399 2.58%
Landstraße - District 3  
Studio €249,900 €833 4.00%
1-Bedroom €412,000 €1,052 3.06%
2-Bedroom €699,000 €1,568 2.69%
3-Bedroom €1,190,000 €2,390 2.41%
Vienna avg. rental yields 3.29%
GRAZ - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Graz (all locations)  
Studio €136,914 €499 4.37%
1-Bedroom €219,406 €680 3.72%
2-Bedroom €340,654 €949 3.34%
3-Bedroom €542,520 €1,299 2.87%
Graz avg. rental yields 3.58%
SALZBURG - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Salzburg (all locations)  
Studio €179,000 €750 5.03%
1-Bedroom €380,000 €1,322 4.17%
2-Bedroom €525,000 €1,855 4.24%
3-Bedroom €875,850 €2,215 3.03%
Salzburg avg. rental yields 4.12%
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).