Year: 2026 2025 2024
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Salzburg, Austria

Property prices · 2024 · Europe

Price/sqm — City Centre EUR 7,000
Price/sqm — Outside Centre EUR 4,600
1-Bed Rent / Month EUR 1,400
3-Bed Rent / Month EUR 2,200
Avg Mortgage Rate 3.50%
Price-to-Rent Ratio 24.0x Renting is generally more cost-effective

Property price trend in Salzburg (2024–2026)

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Property comparison — cities in Austria (2024)

City Centre /sqm Outside /sqm 1-Bed Rent vs Salzburg
Salzburg EUR 7,000 EUR 4,600 EUR 1,400
Vienna EUR 6,800 EUR 4,200 EUR 1,400 -2.9%
Graz EUR 5,200 EUR 3,500 EUR 1,100 -25.7%

Other Europe cities (2024)

Frequently asked questions

How much does property cost in Salzburg in 2024?

In Salzburg, the average price per sqm in the city centre is EUR 7,000, and EUR 4,600 outside the centre (2024 data). Prices have risen 7.5% since 2024.

How much is rent in Salzburg in 2024?

A 1-bedroom apartment in Salzburg rents for approximately EUR 1,400 per month in 2024. A 3-bedroom apartment costs around EUR 2,200/month.

Is it better to buy or rent in Salzburg?

Renting is generally more cost-effective in Salzburg. The price-to-rent ratio is 24.0x — it would take approximately 24.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 3.50%.

What are mortgage rates in Austria in 2024?

The average mortgage rate in Austria is approximately 3.50% as of 2024. With a price-to-rent ratio of 24.0x, buyers should carefully weigh mortgage costs against rental savings.

What is the price per sqm in Salzburg?

The average property price per square metre in Salzburg city centre is EUR 7,000 in 2024. Outside the centre, expect to pay around EUR 4,600/sqm.

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