Budapest rental prices by district — 2023 Q4

In 2023 I let 17 flats: the median monthly rent was 260 000 Ft and the median floor area 83 m². Per square metre that works out at 4 700 Ft a month. The actual rent also depends on the condition of the flat, how it is furnished, which floor it is on and whether there is a lift — two flats of the same size in the same district can differ by twenty to thirty percent.

Because an asking price is only a request, while a completed letting is an agreement that actually happened. A listing can sit online for months at a price nobody ever accepted — a supply-side statistic cannot see that, and paints a rosier picture than reality. Someone actually moved in at every rent shown here.

Because a rent agreed in 2023 and one agreed in 2026 merged into a single figure would be true of neither year. The year shown is the year the listing went live — I do not record the exact date of each letting, but a Budapest rental typically closes within weeks, so the two are close together.

Because each district accounts for only a handful of flats spread over several years, and no single figure can be derived from that responsibly. A „median” from three transactions looks exactly like one from fifteen, and carries the same weight when quoted. What is true and useful per district: how many flats I have let there, and at what sizes.