HousingAnywhere Rent Gap Monitor Q1 2025

• The gap between rent prices and tenants’ maximum intended budget narrows from €300 last year to €190 currently

Rotterdam, May 6, 2025 – Rental platform HousingAnywhere reports that tenants across Europe have increased their rental budgets by 4.1% compared to last year. This is one of the key findings of the Rent Gap Monitor Q1 2025, a report in which HousingAnywhere compares users’ maximum rent price filter settings with the actual prices of furnished apartments listed on the platform across 27 European cities.

In nearly all of the 27 cities analyzed, tenants raised their rental budgets compared to last year. The biggest increase was in The Hague, where tenants raised their budgets by 20%, from around €1,567 to €1,880 for a furnished apartment. Utrecht and Prague followed with increases of over 13%. Only three cities saw tenants reduce their budgets: Paris, Milan, and Valencia, with drops of 6.2%, 4.0%, and 3.4%, respectively.

In early April, HousingAnywhere reported that apartment rent prices had decreased by 2.9% year-over-year. As a result of both falling prices and rising tenant budgets, the gap between market rents and tenants’ willingness to pay has narrowed in several European cities. While the median rent gap in Europe was €300 last year, it currently stands at €190.

Antonio Initini, CEO of HousingAnywhere, states:

"At a time of significant economic uncertainty—marked by recent tariff discussions in the United States and ongoing global conflicts—it is surprising to see tenants increasing their rental budgets. The data may be telling a less optimistic story than it first appears. With major European cities experiencing a shortage of housing supply, tenants may be stretching their budgets for housing—likely at the expense of other spending categories—in order to stand out in an increasingly competitive market."

Only in The Hague did tenants set their maximum price filter above the median asking rent. While the price for a furnished apartment was €1,750, tenants set their filter around €1,880—€130 above the market price. No other city among the 27 analyzed showed a similar pattern. In Budapest, however, tenants’ budgets closely aligned with asking prices, with the maximum price filter set just €5 below the median rent of €800.

At the other end of the spectrum, the rent gap remains wide in some cities, with Amsterdam leading with €500. In the Dutch capital, the median asking price for an apartment is €2,500, while tenants are looking for homes priced around €2,000. Lisbon and Valencia also show significant gaps: €450 in the Portuguese capital and €395 in Valencia.

About the HousingAnywhere Q1 2025 Rent Gap Monitor

The HousingAnywhere Rent Gap Monitor compares the median rent price of the apartments advertised on HousingAnywhere (as reported by its International Rent Index) with the median maximum price set by users when filtering during their rental search on the platform. For the Q1 2025 edition of the Rent Gap Monitor, HousingAnywhere analyzed 1.9 million searches carried out by over 175,800 users seeking accommodation in 27 European cities during the first quarters of 2025 and 2024. These are the cities analyzed: Amsterdam, Athens, Barcelona, Berlin, Bologna, Brussels, Budapest, Cologne, Düsseldorf, Florence, Frankfurt am Main, Hamburg, Lisbon, Madrid, Milan, Munich, Paris, Porto, Prague, Rome, Rotterdam, Stuttgart, The Hague, Turin, Utrecht, Valencia, Vienna.

About HousingAnywhere

HousingAnywhere is Europe’s largest mid-term rental marketplace, enabling people to rent wherever they choose thanks to a convenient and secure booking experience. It connects tenants with verified landlords, allowing tenants to book their new home entirely online. HousingAnywhere operates in over 125 cities in Europe and the U.S. and primarily serves students and young professionals aged 18 to 35 who rent accommodation abroad for six to twelve months.

Together with the Dutch platform Kamernetwww.kamernet.nl) and French Studapart, HousingAnywhere represents three fast-growing brands. The HousingAnywhere and Studapart marketplaces generated 60,000 bookings in 2024, while Kamernet had 80,000 paying subscribers in the same year. Headquartered in Rotterdam, The Netherlands, the company employs 250 professionals.

For more information, please contact press@housinganywhere.com. For more reports, go to the press page.