This price-to-rent ratio helps assess whether it is more cost-effective to buy or rent a home in a given market. A high price-to-rent ratio suggests that buying a property is more expensive relative to renting, whereas a low ratio indicates that buying may be more favorable than renting.
- Price-to-Rent Ratio below 16: It's generally cheaper to buy a home than to rent.
- Price-to-Rent Ratio between 17 and 20: The cost of buying and renting is roughly comparable.
- Price-to-Rent Ratio above 21: It's generally cheaper to rent than to buy.
Last updated December, 2024
Luxembourg, Luxembourg City | 37 yrs |
France, Paris | 36 yrs |
Switzerland, Zurich | 32 yrs |
Czech Republic, Prague | 32 yrs |
Malta, Valletta | 30 yrs |
Finland, Helsinki | 30 yrs |
Austria, Vienna | 28 yrs |
Germany, Berlin | 27 yrs |
Latvia, Riga | 25 yrs |
Norway, Oslo | 24 yrs |
Slovenia, Ljubljana | 22 yrs |
Estonia, Tallinn | 22 yrs |
Belgium, Brussels | 22 yrs |
Cyprus, Nicosia | 22 yrs |
Bulgaria, Sofia | 22 yrs |
Croatia, Zagreb | 21 yrs |
Greece, Athens | 21 yrs |
Denmark, Copenhagen | 21 yrs |
North Macedonia, Skopje | 20 yrs |
Hungary, Budapest | 19 yrs |
Slovakia, Bratislava | 19 yrs |
Lithuania, Vilnius | 19 yrs |
Portugal, Lisbon | 18 yrs |
Poland, Warsaw | 18 yrs |
Spain, Madrid | 17 yrs |
Netherlands, Amsterdam | 17 yrs |
Romania, Bucharest | 15 yrs |
United Kingdom, London | 14 yrs |
Italy, Milan | 14 yrs |
Turkey, Istanbul | 14 yrs |
Montenegro, Podgorica | 13 yrs |
Ireland, Dublin | 12 yrs |
*n.a. means there is not enough data to show a valid result