Gross rental yields in Romania: Bucharest and 7 other cities

The average gross rental yield in Romania stands at 6.46% (Q2, 2024). Previously, in Q3, 2023 the average gross rental yield stood at 6.63%.

  • Bucharest
  • Cluj-Napoca
  • Galati
  • Iași
  • Timisora
  • Brasov
  • Constanţa
  • Craiova
  Last Updated: June 24, 2024
BUCHAREST - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Titan  
Studio €52,000 €350 8.08%
1-Bedroom €76,690 €470 7.35%
2-Bedroom €108,000 €510 5.67%
Berceni  
Studio €44,938 €300 8.01%
1-Bedroom €63,500 €400 7.56%
2-Bedroom €90,000 €460 6.13%
Militari  
Studio €40,000 €260 7.80%
1-Bedroom €60,000 €360 7.20%
2-Bedroom €93,750 €500 6.40%
Drumul Taberei  
Studio €51,000 €350 8.24%
1-Bedroom €75,000 €420 6.72%
2-Bedroom €87,000 €500 6.90%
Unirii  
Studio €88,400 €449 6.10%
1-Bedroom €157,000 €645 4.93%
2-Bedroom €228,000 €800 4.21%
3-Bedroom €350,000 €1,199 4.11%
Băneasa  
1-Bedroom €139,000 €650 5.61%
2-Bedroom €227,940 €950 5.00%
3-Bedroom €389,000 €1,500 4.63%
Floreasca  
1-Bedroom €200,000 €850 5.10%
2-Bedroom €398,000 €2,100 6.33%
3-Bedroom €849,000 €3,500 4.95%
Bucharest avg. Rental Yields 6.23%
TIMISOARA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Girocului  
1-Bedroom €75,000 €350 5.60%
2-Bedroom €95,000 €385 4.86%
Aradului  
1-Bedroom €96,000 €485 6.06%
2-Bedroom €108,750 €550 6.07%
Complex Studenţesc  
Studio €45,000 €290 7.73%
1-Bedroom €88,700 €350 4.74%
2-Bedroom €111,000 €500 5.41%
Timisoara avg. Rental Yields 5.78%
CLUJ-NAPOCA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Mănăştur  
Studio €85,000 €350 4.94%
1-Bedroom €115,000 €480 5.01%
2-Bedroom €150,000 €530 4.24%
Mărăşti  
Studio €78,450 €365 5.58%
1-Bedroom €150,000 €550 4.40%
2-Bedroom €184,900 €690 4.48%
Gheorgheni  
Studio €91,500 €387 5.08%
1-Bedroom €137,500 €550 4.80%
2-Bedroom €180,000 €670 4.47%
3-Bedroom €255,000 €900 4.24%
Zorilor  
Studio €107,000 €375 4.21%
1-Bedroom €150,000 €550 4.40%
2-Bedroom €199,000 €650 3.92%
3-Bedroom €265,000 €900 4.08%
Central  
Studio €116,995 €500 5.13%
1-Bedroom €183,000 €660 4.33%
2-Bedroom €269,450 €870 3.87%
Bună Ziua  
1-Bedroom €175,000 €550 3.77%
2-Bedroom €235,000 €690 3.52%
Cluj-Napoca avg. Rental Yields 4.44%
CRAIOVA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Craiova (all locations)  
Studio €57,000 €320 6.74%
1-Bedroom €82,000 €420 6.15%
2-Bedroom €110,000 €500 5.45%
Craiova avg. Rental Yields 6.11%
GALATI - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Galati (all locations)  
Studio €36,500 €280 9.21%
1-Bedroom €55,000 €400 8.73%
2-Bedroom €71,500 €500 8.39%
Galati avg. Rental Yields 8.77%
IAȘI - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Iași (all locations)  
Studio €60,015 €320 6.40%
1-Bedroom €81,000 €450 6.67%
2-Bedroom €108,900 €550 6.06%
3-Bedroom €137,000 €600 5.26%
Iași avg. Rental Yields 6.10%
BRASOV - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Brasov (all locations)  
Studio €63,500 €379 7.16%
1-Bedroom €99,000 €500 6.06%
2-Bedroom €137,900 €650 5.66%
3-Bedroom €220,200 €990 5.40%
Brasov avg. Rental Yields 6.07%
CONSTANŢA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Constanţa (all locations)  
Studio €59,900 €450 9.02%
1-Bedroom €85,000 €600 8.47%
2-Bedroom €129,500 €800 7.41%
3-Bedroom €151,000 €1,000 7.95%
Constanţa avg. Rental Yields 8.21%
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 imobilaire.ro
Romania´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 Romania. 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).