In which country did rents increase the most? - Croatia and Greece lead in the EU

With rental prices continuing to rise, absorbing an ever-increasing share of household monthly income, data shows that in 2025 Greece recorded the second highest annual growth in the European Union. Specifically, rents increased by 10.1%, with Greece taking second place after Croatia, with a rent increase of 17.6%. Hungary followed with an increase of 9.8%, Bulgaria (9.6%) and Romania (8.2%). On the other hand, the lowest increases were recorded in countries such as Italy, France and Finland.
According to a study by the Center for Liberal Studies (KEFIM) entitled "House Prices and Rents in Greece and the European Union", in Athens, the average rent for a one-bedroom apartment corresponds to 70.2% of the average monthly salary, while the average in EU capitals corresponds to 33.8%. For a two-bedroom apartment, the corresponding percentage reaches 93.6% compared to 45.6% in the EU average.
The analysis, based on the latest data available from Eurostat and the Bank of Greece, records the continued deterioration of housing affordability in Greece, at a time when house prices and rents are rising faster than incomes.
According to the study, in 2025, house prices in the EU increased by 5.5% and rents by 3.2%. Greece recorded the second highest increase in rents in the EU, by 10.1%. The significant increase in rents in Greece is attributed to a combination of factors such as increased demand due to tourism and short-term rentals such as Airbnb, the limited supply of new housing during the crisis, the influx of foreign investment in the real estate market mainly due to the Golden Visa program, the existence of a large number of closed apartments, but also the recovery of the economy which increases demand.
The housing crisis affects beyond the real estate market, the daily lives, prospects and quality of life of thousands of families. Addressing it requires a combination of policies that will first and foremost strengthen the supply of housing, address market distortions and effectively support vulnerable families.
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