Updated
Updated · The Portugal News · Jul 17
Portugal Median Housing Rent Rises to €9.29/m² as New Leases Climb 5.4%
Updated
Updated · The Portugal News · Jul 17

Portugal Median Housing Rent Rises to €9.29/m² as New Leases Climb 5.4%

1 articles · Updated · The Portugal News · Jul 17

Summary

  • Portugal’s median rent for new housing leases reached €9.29 per square meter in 2025, while newly signed lease contracts rose 5.4% from a year earlier.
  • €14.19/m² in Greater Lisbon was the highest regional median, ahead of Madeira at €11.33, Setúbal at €11.05, the Algarve at €10.53 and the Porto metro area at €10.17—all above the national average.
  • 41,593 new contracts were signed in Greater Lisbon alone, and Greater Lisbon plus Porto accounted for 44.8% of all new leases nationwide, highlighting demand concentration in the two biggest urban markets.
  • 36 of Portugal’s 308 municipalities posted rents above the national median; Lisbon led at €16.88/m², followed by Cascais at €16.20 and Oeiras at €15.03, all in Greater Lisbon.
  • 813 contracts in Alto Tâmega e Barroso marked the lowest sub-regional total, underscoring a sharp divide between high-rent coastal hubs and weaker inland rental activity.

Insights

With housing supply finally catching up, will Lisbon's record-high rental prices begin to fall?
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