Expenses · Hungary
Rent and housing costs in Hungary
About $712 a month for a 70m² flat — 43.9% of what a median local earner takes home. Estimated; see the caveat below.
The figures
- Rent, 70m² flat
- $712/mo
- modelled from the price basket
- Share of local median wage
- 43.9%
- local median ≈ $1,620/mo
- Price-to-income
- —
- of this country's own long-run average
- Price-to-rent
- —
- above 100 favours renting
- Mortgage rate
- —
- not published free outside the euro area
- Housing price level
- 61.1
- EU27 = 100 (Eurostat)
Updated 2026-09-01. Price-to-income and price-to-rent compare Hungary with its own long-run average, not with other countries. National averages — not financial advice.
Countries with similar rent
- Spain — $542/mo , 19.8% of local wage
- Portugal — $619/mo , 29.8% of local wage
- Poland — $682/mo , 37.7% of local wage
- South Korea — $797/mo , 34.4% of local wage
- Czechia — $842/mo , 36.4% of local wage
- Greece — $852/mo , 41.9% of local wage
See also: all countries ranked · what people earn in Hungary · healthcare costs
Frequently asked questions
How much is rent in Hungary?
About $712 a month for a 70m² flat — modelled from this site's price basket, which understates housing where it has decoupled from the general cost of living. That is 43.9% of the local median wage of roughly $1,620 a month. A national average, not a quote: what you pay depends on the city, the neighbourhood and when you look.
Can I afford to live in Hungary on a remote salary?
That depends on the salary, which is the point. Rent of $712 is 43.9% of a local median wage; on a $6,000/month remote income it would be about 12%. The gap between those two figures is the arbitrage, and the housing tool computes it for any income you enter.
Is buying in Hungary good value right now?
OECD does not publish affordability ratios for Hungary, so this page does not guess at one.
Where does this data come from?
OECD (price-to-income and price-to-rent), the ECB (mortgage rates, euro area only) and Eurostat (measured city rents and housing price levels), refreshed at build time — last updated 2026-09-01. OECD — DSD_AN_HOUSE_PRICES, HPI_YDH_AVG (% of long-term average); OECD — DSD_AN_HOUSE_PRICES, HPI_RPI_AVG (% of long-term average); ECB Data Portal — MIR, new housing loans to households (euro area); Eurostat — prc_ppp_ind, ppp_cat A0104 (EU27=100); Eurostat Urban Audit — SA1049V, average annual rent per m² (EUR); Eurostat Urban Audit — SA1053V, apartment price per m² (EUR); Eurostat Urban Audit — SA1051V, average apartment price (EUR); HUD USER — Fair Market Rents FY2026, One-Bedroom (40th-percentile GROSS rent, incl. tenant-paid utilities, USD/month).