According to Eurostat data for 2023, Bucharest is among the European cities with the lowest rents, but when the rent/salary ratio is taken into account, it becomes less attractive.

​Eurostat, the official statistical office of the European Union, collects data on the cost of rent in 40 cities and capitals across the continent.

In the case of a studio apartment, the rent/salary ratio approaches 60%, while in the case of a two-room apartment, this ratio rises to 90%, according to Eurostat. According to this criterion (the ratio of the level of rent and salary), the most “profitable” is Bern, where although the rent of a one-room apartment costs about 2,000 euros, the salary is about 6,000 euros. The next city where the rent/salary ratio is very good is Nicosia.

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The figures are published in euros for consistency and show that 3 cities cost you more than €2,000 a month to rent a one-bedroom apartment: Geneva, London and Dublin, while 15 other cities have rents between €1,000 and €2,000.

Below is the rent level of a two-room apartment and the average net salary:

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Here is a list of the cheapest cities to rent in Europe.

The figures also show us which countries have seen the biggest increase in average rental prices over the past year, with Eastern European cities seeing the biggest price increases.

In Vilnius, Lithuania, rents have risen by a third (33.9%) over the past year, with the average rent for a one-bedroom apartment rising from €620 in 2021 to €830 in 2022. It is followed by Tallinn in Estonia, where average rental rates have increased. increased by 30.4% (€560 to €730) and Sarajevo in Bosnia and Herzegovina, where rents increased by 30.2% (€430 to €560).