Braga is the city in the country where the price of renting a house has risen the most. The data refers to the last quarter of 2024.
Prices of houses for rent in Portugal increased by 2% in the first quarter of the year compared to the previous quarter. According to the idealista price index, renting a house cost 15.8 euros per square meter (euros/m2) at the end of March, taking into account the median value. In relation to the monthly variation, prices remained stable.
In the first quarter, rental prices rose in seven district capitals across the country, with Braga (6.9%) topping the list. Followed by Santarém (6.3%), Coimbra (4.8%), Castelo Branco (2.8%), Lisbon (2.6%), Porto (1.4%) and Setúbal (1.1% ). In the opposite direction, prices fell in Évora (-7.6%), Funchal (-7.4%), Faro (-4.3%), Aveiro (-2.1%) and Leira (-0.8 %).
Lisbon continues to be the city where it is most expensive to rent a house: 21.5 euros/m2. Porto (17.1 euros/m2) and Funchal (13.5 euros/m2) occupy second and third place, respectively. This is followed by Faro (11.9 euros/m2), Setúbal (11.7 euros/m2), Coimbra (11.2 euros/m2), Aveiro (11.1 euros/m2), Évora (10.7 euros/ m2) and Braga (9.2 euros/m2).
The most economical cities are Castelo Branco (6.8 euros/m2), Santarém (7.9 euros/m2), and Leiria (8 euros/m2).
