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 |
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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).
