Budapest, Hungary > For Rent For Sale All Properties in Hungary
List a Property My Properties Tips for Buying & Renting in Budapest
Rentals in Budapest
Summary: The most desirable neighborhoods in Budapest, Hungary are District V (Belváros-Lipótváros), District VI (Terézváros), District VII (Erzsébetváros), District XIII (Újbuda), and District XIV (Zugló). Expats should search for rental properties in Budapest by using online rental websites such as Airbnb, HomeAway, and Booking.com. They should also consider using local real estate agents and property management companies. The cost of a nice 1 bedroom apartment in Budapest is typically between $500 and $1,000 USD per month. The cost of a nice 2 bedroom apartment in Budapest is typically between $800 and $1,500 USD per month. Apartments in Budapest typically include amenities such as a kitchen, bathroom, living room, and bedroom. Some apartments may also include a balcony, terrace, or garden. Expats should be aware that rental properties in Budapest may not be equipped with furniture, appliances, or internet access. Expats should also be aware that some rental properties may require a security deposit or additional fees.
How do I find a place to live in Budapest?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"I already knew the neighborhood from spending a summer here working as an intern. Found my apartment by asking friends & looking for apartments with roommates," said one person in Budapest.
What is a typical expat home or apartment like in Budapest?
"Expat homes and apartments in Budapest are typically modern and spacious, with high ceilings and large windows that let in plenty of natural light. Many of the apartments have balconies or terraces, offering stunning views of the city. The interiors are often decorated with contemporary furnishings and feature modern amenities such as air conditioning, dishwashers, and washing machines. Expat homes and apartments in Budapest are typically located in the city center, close to public transportation, shops, restaurants, and other amenities," explained one person living in Budapest, Hungary.
What is the average cost of housing in Budapest?
If you are thinking about moving to Budapest, cost of living in probably a key consideration. Expats commented about the cost of housing:
"I would say outside the city lower but inside the city normal for most US cities and lower for cities like NYC and DC. The average cost for a 1200 square ft. apartment is around the same price usds. If you get a good deal that would include utilities. We pay 720. usds on the average for a 1 bedroom apartment including utilities. We were lucky," commented an expat living in Budapest, Hungary.
"The cost of housing in Budapest can vary greatly depending on the area and type of accommodation. Generally, the average cost of renting an apartment in Budapest is around €500-€700 per month, while the average cost of buying a property is around €1,500-€2,000 per square meter," said one in Budapest.
Should I buy or rent a home in Budapest?
If you have not spent a lot of time in Budapest, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"It is not a difficult process if you are not getting a loan - that is difficult for a foreigner. But when you consider I came with next to nothing and was able to purchase - you can too. If you remodel, call me - this was the reason I began my expat assistance business - despite speaking the language that was a great challenge," remarked one foreigner who made the move to Budapest.
What are the most popular areas to rent in Budapest?
When we asked expats and digital nomad where people rent in Budapest, they said:
"Budapest is a vibrant city with a variety of popular neighborhoods. The city center is a popular destination for tourists, with its iconic landmarks, such as the Hungarian Parliament Building, the Chain Bridge, and the Buda Castle. The Jewish Quarter is also a popular area, with its unique architecture and vibrant nightlife. The Palace District is a great place to explore the city's history, with its grand palaces and museums. The City Park is a great place to relax and enjoy the outdoors, with its lush gardens and lake. The Castle District is a great place to explore the city's past, with its cobblestone streets and historic buildings. Finally, the Danube Promenade is a great place to take in the city's stunning views, with its beautiful riverfront," said one expat in Budapest.
Are there any special precautions expats should take when renting a property in Budapest?
We asked expats in Budapest what are the most popular neighborhoods in Budapest to live in. They said...
"Before renting a home in Budapest, an expat should be aware of the local rental market, which can be competitive, especially in popular areas. It is essential to research the different neighborhoods and their respective costs, as well as the proximity to public transportation, schools, and other amenities. Expats should also familiarize themselves with the local language, Hungarian, as many landlords and real estate agents may not speak English fluently. It is helpful to have a local friend or colleague assist with the rental process and communication. When searching for a rental property, expats should use reputable websites and real estate agencies to avoid scams. It is also important to visit the property in person before signing any contracts. Rental contracts in Budapest are typically for a minimum of one year, with a security deposit equivalent to one or two months' rent. Expats should carefully review the rental contract and ensure they understand the terms and conditions, including the notice period, maintenance responsibilities, and any additional fees. Utilities, such as water, gas, and electricity, are usually not included in the rent and must be paid separately. Expats should ask the landlord about the average monthly cost of utilities and whether they need to set up accounts with the utility providers. It is also important to check if the rental property is furnished or unfurnished, as this can significantly impact the overall cost of living. If the property is unfurnished, expats should budget for the cost of purchasing furniture and appliances. Lastly, expats should be aware of their rights as tenants in Hungary. This includes the right to a safe and habitable living environment, the right to privacy, and the right to have necessary repairs made by the landlord. Familiarizing oneself with local tenant laws can help ensure a smooth and enjoyable rental experience in Budapest," commented an expat living in Budapest, Hungary.
What are typical rental prices for expats in Budapest?
We asked expats in Budapest about any special precautions they should take when renting a property in Budapest. They said....
"The rental price for a nice 1 bedroom apartment in Budapest can range from around $500 to $1,000 per month, depending on the location and amenities. For a nice 2 bedroom apartment, the rental price can range from around $800 to $1,500 per month, again depending on the location and amenities," explained one person living in Budapest, Hungary.
What appliances are typically included in a rental?
We asked foreigners in Budapest what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Budapest typically include a refrigerator, stove, oven, and washing machine. Some properties may also include a dishwasher, microwave, and other small kitchen appliances. Additionally, some properties may include furniture such as beds, couches, and tables," explained one foreigner living in Budapest, Hungary.
What should newcomers know about renting in Budapest?
We asked foreigners in Budapest what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"When looking for a rental home in Budapest, it is essential to research the different neighborhoods and decide which area best suits your needs and preferences. Consider factors such as proximity to public transportation, schools, and amenities. It is recommended to use a reputable real estate agency or online platforms to find rental properties. Be cautious of scams and always verify the legitimacy of the landlord or agency before making any payments. When viewing potential rental properties, pay close attention to the condition of the home, including the plumbing, heating, and electrical systems. It is also a good idea to inquire about the building's maintenance and any additional costs, such as utility bills and common charges. Before signing a rental agreement, make sure to read and understand the terms and conditions. It is common for rental contracts in Budapest to be written in Hungarian, so consider having a local friend or a professional translator review the document to ensure you understand your rights and responsibilities as a tenant. Be prepared to provide proof of income and employment, as well as personal identification documents when applying for a rental property. Landlords may also require a security deposit, typically equivalent to one or two months' rent, which will be returned at the end of the lease, provided there are no damages or outstanding payments. Finally, be respectful of local customs and traditions, and make an effort to learn some basic Hungarian phrases to help you communicate with your landlord and neighbors. This will not only make your transition to Budapest smoother but also help you build positive relationships within your new community," said one in Budapest.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
Additional Information:
- Expat Guide to Budapest
- Healthcare & Health Insurance in Budapest
- Pros & Cons of Living in Budapest
- Fun Classes for Expats Living in Budapest
- Best Neighborhoods for Retirees in Budapest
- Best Neighborhoods for Families in Budapest
- Best Neighborhoods for Single People in Budapest
- Best International Schools and Bilingual Schools in Budapest
- 7 Weekend Getaways for Digital Nomads Living in Budapest
- Best Bookstores and Libraries in Budapest
- Fun Classes for Expats Living in Budapest
- Public Transportation in Budapest
- Best Markets in Budapest
- Retire in Budapest Guide
- 7 Tips for Living in Budapest
- Pros & Cons of Living in Budapest
- Tips for Expats Driving in Budapest
- Cost of Living in Budapest
- Health Care in Budapest
- The Insider's Guide to Budapest
- Living in Budapest
- 5 Tips for Living in Budapest
- Healthcare & Health Insurance in Hungary
- Best Places to Live in Hungary
- Real Estate in Hungary
- Pros & Cons of Living in Hungary
- International Schools in Budapest
- What It's Like Living in Budapest
- Pros and Cons of Living in Hungary 2025
- 2025 Guide to Moving to Hungary
- More Advice about Retiring in Hungary