Europe: Price/rent ratio

This ratio is typically used to measure the undervaluation/overvaluation of real estate prices. It is calculated by dividing the average house price by the average yearly rent. Essentially, it provides information about the number of years it would take to recoup our investment in the current market situation. Generally, any value up to 20 could be considered a potential investment market, with lower values being more favorable. However, this calculation does not account for taxes or other costs associated with the purchase and rental process.

When were these data collected?

Click on individual countries to view the data collection date.

This table was last updated in September 2023.
Luxembourg 39 yrs
France 36 yrs
Switzerland 32 yrs
Czech Rep. 32 yrs
Germany 30 yrs
Malta 30 yrs
Finland 30 yrs
Austria 27 yrs
Norway 26 yrs
Latvia 25 yrs
Slovenia 23 yrs
Belgium 22 yrs
Bulgaria 22 yrs
Croatia 22 yrs
Estonia 21 yrs
Denmark 21 yrs
Cyprus 20 yrs
North Macedonia 20 yrs
Netherlands 19 yrs
Greece 19 yrs
Hungary 19 yrs
Slovak Rep. 19 yrs
Lithuania 19 yrs
Turkey 18 yrs
Portugal 18 yrs
Poland 18 yrs
Spain 16 yrs
Italy 16 yrs
Romania 15 yrs
Montenegro 13 yrs
Ireland 12 yrs