Budapest real estate market — prices, rental yield and trend
- Average price: $4,376 / m²
- Gross rental yield: 4.63%
- 12-month price change (USD): 24%
- Price basis: local-market average
Budapest is one of the faster-moving markets Glopra tracks: the average residential square metre now costs $4,376, +24% in dollar terms over the last twelve months. That makes it the 26th most expensive of the 70 markets in the set. In local currency the same twelve months read +16.5%; the 7.5-point gap is the exchange rate, not the housing market.
What a buyer pays in Budapest
The $4,376 figure is a local-market average across all residential property types: a flat in a prime district sits well above it, an older unit on the edge of the market well below. That is 11.2% below the Hungary national average of $4,926.
What it earns
Long-term letting returns about 4.6% gross on the purchase price, 52nd of 69 markets by gross yield. Short-term letting is a different business with different costs, but for reference the short-let yield here works out at about 10.4%, on an average daily rate of $80 and 78% occupancy.
How this figure is built
The price figure for Budapest comes from the source we judge most reliable for this market. It was last refreshed on 2026-07-23. We rate our confidence in this market’s data medium: the series is usable, but thinner or less current than our best-covered markets. We recompute every market the same way, which is what lets Budapest be compared with a country average or another city.
Sources: ingatlan.com via Telex · telex.hu · portfolio.hu · airbtics.com. Snapshot: 2026-07-23.
Latest Budapest market analysis
- Hungarian Rents Rose 5.0% Over the Year in August, KSH Index Shows — 2026-09-12
- Budapest's Most Expensive Districts Lost the Most Buyer Interest in a Year — 2026-09-08
- Hungary's Housing Cost Overburden Rate Fell to 5.3% in 2025, Below the EU Average — 2026-09-05
- A Czech Developer Is Putting 324 Flats and a 152-Room Hotel on Budapest's Old Szikra Print Site — 2026-09-04
- Hungarian Home Listings Grew 12% to 148,000 as Buyer Demand Fell 40% — 2026-09-03
- Budapest Buyers Are Deserting the Cheap End: Under-HUF 50m Searches Fell From 42% to 19% — 2026-09-02
- Hungarian Home Sales Fell to 8,077 in August, 29% Below Last Year — 2026-09-02
- Hungary's Otthon Start Scheme Signed 56,000 Subsidised Loans in Its First Year — 2026-09-01
- Miskolc Flat Prices Jumped 30% as Hungary's Regional Cities Outpaced Budapest — 2026-08-31
- More Than Four in Five Budapest Listing Price Changes Are Now Cuts — 2026-08-27
- Hungarian Asking Prices Rose 0.1% in July as Annual Growth Eased to 11.9% — 2026-08-26
- Interest in South Balaton Holiday Homes Has Fallen 62% Since 2021 — 2026-08-25
Related markets: Hungary