Greece rents rise 6.8% in October 2026 as housing costs jump 15.1%
Greek dwelling rents rose 6.8% in the year to October 2026 while housing, water and energy costs jumped 15.1%, ELSTAT reported on 10 November.
The facts
- Rents for dwellings were +6.8% higher than in October 2025 and 1.3% higher than in September, according to the Greek national consumer price index published by ELSTAT in Piraeus on 10 November 2026.
- The housing, water, electricity, gas and other fuels group stood at 145.37 in October 2026 against 126.26 a year earlier, a rise of 15.1%, and 0.7% above September. The reference year is 2020 = 100.
- Inside that group, natural gas cost 80.0% more than a year earlier, heating oil 37.5% more, electricity 17.9% more and solid fuels 8.5% more. Repair and maintenance of the dwelling rose 4.4% and miscellaneous dwelling services 5.9%.
- The housing group carries a weight of 148.31 per thousand in the national index and contributed 2.2003 points to it.
- On the month the items moved in opposite directions: electricity rose 4.7% and natural gas 15.3%, while heating oil fell 12.3%.
- The all-items national index was 129.18 in October 2026 against 122.16 a year earlier, an annual rate of 5.7%, and 0.7% above September. This is the Greek national index.
What it means for your money
- Rent is 6.8% up on a year ago, which helps the income side, while housing and energy costs rose 15.1%, which works against it.
- Glopra's figures put the Greek average purchase price at $3,221.42 per square metre and the average rent at $12.42 per square metre a month, and the 6.8% applies to the second of those two figures, not the first.
- For an owner already letting in Greece, the same release moves the cost side faster than the income side: a 15.1% rise in housing, water and energy costs falls on whoever pays those bills, and it narrows what a tenant can absorb at the next increase.
- Where the heating bill sits with the landlord, the split inside the group matters more than the headline: heating oil at 37.5% and natural gas at 80.0% above last year are the two lines that decide the winter cost.
What to watch
- ELSTAT's next monthly consumer price index release carries the following month's rent figure.
- The release gives rents only as a rate of change and publishes no index level for them, so the 6.8% cannot be anchored to a euro amount from this source.
- Whether energy stays ahead of rent: heating oil already fell 12.3% on the month while natural gas rose 15.3%, so the group's annual rate can cool without rents following.
Sources: ELSTAT https://www.statistics.gr/documents/20181/b59ecf4d-df1c-e80a-00f2-2b882c746835