Lisbon Rents Reach €22.2/m², National Prices Climb 3.3% in August
A new statistical analysis from the property portal Idealista has revealed a continued increase in rental prices across Portugal, with a national year-over-year rise of 3.3% in August. The lead finding from the report indicates that the median cost to rent a home in the country has now reached €16.8 per square meter.
The source of the data is Idealista's proprietary price index, which tracks asking prices for rental properties listed on its platform. The methodology involves analyzing thousands of listings to calculate median prices, providing a comprehensive overview of market trends. The report confirms that Lisbon continues to be the most expensive rental market in Portugal.
The specific numerical findings for the capital show a median price of €22.2 per square meter. Following Lisbon are Porto, with a median rental price of €17.7 per square meter, and Funchal, at €15.1 per square meter. These figures highlight the significant price disparity between major urban centers and the rest of the country.
The geographic breakdown shows that the trend of rising rents is widespread. The Azores archipelago recorded the highest annual increase at 15%. Other regions with significant growth include Madeira (10.5%) and the Algarve (10.4%). The Alentejo region also saw a notable increase of 9.1%, bringing its median price to €11.1 per square meter, with the city of Évora being the most expensive in the region at €11.7 per square meter.
In a time period comparison, the August 2025 data shows a consistent upward trajectory when compared to August 2024. This year-over-year growth reflects ongoing pressure in the housing market. The market segment analysis covers various property types included in the general index, indicating broad-based price appreciation.
Industry expert commentary on these statistical trends points towards a persistent imbalance between supply and demand, fueled by strong interest from both domestic renters and a growing international population of expats and digital nomads. The government and regulatory bodies are aware of the rising costs, with various policies being debated to address housing affordability.
In a historical context, the current rental prices represent a significant increase over the past several years, placing a strain on household budgets. The report from Idealista is a key indicator used by economists and real estate professionals to gauge the health and direction of the property market. Future data releases will be watched closely to see if this growth trend continues through the remainder of the year.
Stay informed on Lisbon property market developments at realestate-lisbon.com.
