The prices of houses for rent increased by 0.9% in January 2022 compared to the previous month. According to the idealista price index, renting a house had a cost of 10.8 euros per square meter (euros/m2) at the end of January this year, taking into account the median value.
During the month of January, the price of houses for rent rose in all regions in relation to the values recorded in December 2021. Leading the rises are the Autonomous Region of the Azores (8.4%), the Autonomous Region of Madeira (7.4%) and the Alentejo (3%). The North (2.1%), the Algarve (1%), the Lisbon Metropolitan Area (0.7%) and the Centre (0.6%) follow.
The Lisbon Metropolitan Area, with 12.5 euros/m2, continues to be the most expensive region to rent a house, followed by the Algarve (9.9 euros/m2), the North (9.3 euros/m2) and the Autonomous Region of Madeira (9.2 euros/m2). On the opposite side of the table are the Centre (6.5 euros/m2), the Autonomous Region of the Azores (7.1 euros/m2) and Alentejo (7.2 euros/m2), which are the cheapest regions.