---
title: "Rent & Housing Costs in Portugal — Geo-Parity"
description: "Rent in Portugal: about $619/month for a 70m² flat, 29.8% of the local median wage, mortgage rates 2.95%. Measured against local wages and your own income."
canonical: "https://geo-parity.com/housing/portugal/"
json: "https://geo-parity.com/api/housing.json?country=PT"
generator: geo-parity markdown twin
---
[Expenses](https://geo-parity.com/expenses/?tab=housing) · Portugal

# Rent and housing costs in Portugal

About **$619** a month for a 70m² flat — **29.8%** of what a median local earner takes home. Measured from real published rents.

## The figures

- **Rent, 70m² flat**: $619/mo
- measured · 16 cities
- **Share of local median wage**: 29.8%
- local median ≈ $2,073/mo
- **Price-to-income**: 142.7%
- of this country's own long-run average
- **Price-to-rent**: 152.6%
- above 100 favours renting
- **Mortgage rate**: 2.95%
- new housing loans (ECB)
- **Housing price level**: 80.1
- EU27 = 100 (Eurostat)

Updated 2026-09-01. Price-to-income and price-to-rent compare Portugal with its own long-run average, not with other countries. National averages — not financial advice.

## Rent by city

Real published figures for 16 cities, for a 70m² flat.

| Paredes | $388/mo |
| --- | --- |
| Guimarães | $437/mo |
| Viseu | $440/mo |
| Ponta Delgada | $471/mo |
| Viana do Castelo | $520/mo |
| Coimbra | $562/mo |
| Póvoa de Varzim | $570/mo |
| Braga | $572/mo |
| Faro | $619/mo |
| Aveiro | $649/mo |
| Setúbal | $717/mo |
| Vila Franca de Xira | $718/mo |
| Sintra | $743/mo |
| Funchal | $788/mo |
| Porto | $804/mo |
| Lisboa | $1,039/mo |

## Countries with similar rent

- [Türkiye](https://geo-parity.com/housing/turkiye/) — $453/mo , 42.1% of local wage
- [South Africa](https://geo-parity.com/housing/south-africa/) — $511/mo , 140.4% of local wage
- [Spain](https://geo-parity.com/housing/spain/) — $542/mo , 19.8% of local wage
- [Poland](https://geo-parity.com/housing/poland/) — $682/mo , 37.7% of local wage
- [Hungary](https://geo-parity.com/housing/hungary/) — $712/mo , 43.9% of local wage
- [South Korea](https://geo-parity.com/housing/south-korea/) — $797/mo , 34.4% of local wage

See also: [all countries ranked](https://geo-parity.com/expenses/?tab=housing) · [what people earn in Portugal](https://geo-parity.com/wage-bands/portugal/) · [healthcare costs](https://geo-parity.com/healthcare/portugal/)

## Frequently asked questions

How much is rent in Portugal?

About $619 a month for a 70m² flat — measured from 16 cities published by Eurostat. That is 29.8% of the local median wage of roughly $2,073 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 Portugal on a remote salary?

That depends on the salary, which is the point. Rent of $619 is 29.8% of a local median wage; on a $6,000/month remote income it would be about 10%. The gap between those two figures is the arbitrage, and the housing tool computes it for any income you enter.

Is buying in Portugal good value right now?

Price-to-income currently sits at 142.7% of Portugal's own long-run average, so housing is 43% less affordable than its historical norm. Price-to-rent is at 152.6% of its own average — above 100 favours renting. These compare Portugal with its own past, not with other countries.

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).

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Source: Geo-Parity — https://geo-parity.com/housing/portugal/ · JSON: https://geo-parity.com/api/housing.json?country=PT