Year: 2026 2025 2024
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Vienna, Austria

Property prices · 2024 · Europe

Price/sqm — City Centre EUR 6,800
Price/sqm — Outside Centre EUR 4,200
1-Bed Rent / Month EUR 1,400
3-Bed Rent / Month EUR 2,300
Avg Mortgage Rate 3.20%
Price-to-Rent Ratio 23.0x Renting is generally more cost-effective

Property price trend in Vienna (2024–2026)

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Property comparison — cities in Austria (2024)

City Centre /sqm Outside /sqm 1-Bed Rent vs Vienna
Vienna EUR 6,800 EUR 4,200 EUR 1,400
Salzburg EUR 7,000 EUR 4,600 EUR 1,400 +2.9%
Graz EUR 5,200 EUR 3,500 EUR 1,100 -23.5%

Other Europe cities (2024)

Frequently asked questions

How much does property cost in Vienna in 2024?

In Vienna, the average price per sqm in the city centre is EUR 6,800, and EUR 4,200 outside the centre (2024 data). Prices have risen 7% since 2024.

How much is rent in Vienna in 2024?

A 1-bedroom apartment in Vienna rents for approximately EUR 1,400 per month in 2024. A 3-bedroom apartment costs around EUR 2,300/month.

Is it better to buy or rent in Vienna?

Renting is generally more cost-effective in Vienna. The price-to-rent ratio is 23.0x — it would take approximately 23.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 3.20%.

What are mortgage rates in Austria in 2024?

The average mortgage rate in Austria is approximately 3.20% as of 2024. With a price-to-rent ratio of 23.0x, buyers should carefully weigh mortgage costs against rental savings.

What is the price per sqm in Vienna?

The average property price per square metre in Vienna city centre is EUR 6,800 in 2024. Outside the centre, expect to pay around EUR 4,200/sqm.

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