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What is the average rent in Vienna?

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Vienna's rental market presents compelling opportunities for both investors and tenants in mid-2025, with average studio rents reaching €630-€890 monthly and gross rental yields averaging 4.12% citywide. The Austrian capital continues to attract diverse tenant profiles from students to expat professionals, driving consistent demand across all districts while maintaining relatively stable vacancy rates despite rising rental costs.

If you want to go deeper, you can check our pack of documents related to the real estate market in Austria, based on reliable facts and data, not opinions or rumors.

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What's the average rent price in Vienna right now per property type?

Vienna's rental market as of June 2025 shows distinct pricing tiers across different property types, reflecting the city's diverse housing landscape.

Studio apartments command monthly rents between €630-€890, with the lower end representing basic accommodations in suburban districts and the higher range covering well-located studios in central areas. Market averages for studios generally settle around €880 across Vienna's 23 districts.

One-bedroom apartments represent the most popular rental category, with typical monthly costs ranging from €975-€1,045. The citywide average sits at approximately €1,045 per month, making this segment highly competitive among young professionals and expats seeking quality living spaces.

Two-bedroom apartments, increasingly sought after by small families and sharing professionals, range from €1,396-€1,531 monthly. The citywide average reaches €1,531, positioning these properties as premium offerings in Vienna's rental landscape.

Three-bedroom apartments span the widest price range from €1,599-€2,393 monthly, with the citywide average at €2,393. This significant variation reflects location premiums, with central district properties commanding substantially higher rents than suburban alternatives.

What are the typical monthly rents in each district of Vienna?

District Name (Number) Studio Rent (€) 1-Bedroom (€) 2-Bedroom (€) 3-Bedroom (€)
Innere Stadt (1) 865 1,033-1,395 1,513-1,999 2,692
Landstraße (3) - 1,395 1,999 2,692
Wieden (4) - - 3,660 (luxury) -
Favoriten (10) 844 1,003 1,530 1,639
Floridsdorf (21) 706 930 1,295 1,600
Donaustadt (22) 890 975 1,396 -
Döbling (19) 865 1,033 1,513 3,249
Währing (18) - 1,189 1,734 -
Penzing (14) - 965 1,499 -
Liesing (23) - 999 1,400 2,395

Central districts including Innere Stadt, Landstraße, and Döbling consistently command premium rents due to proximity to business centers, cultural attractions, and excellent public transport connectivity.

Suburban districts like Floridsdorf, Donaustadt, and Liesing offer more affordable rental options while maintaining good infrastructure and growing appeal among families and budget-conscious tenants seeking larger living spaces.

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How does rent differ based on the surface area of the property?

Vienna's rental pricing structure clearly correlates with apartment size, creating distinct market segments based on surface area requirements.

Studios under 40 square meters typically rent for €630-€890 monthly, translating to approximately €15.75-€22.25 per square meter. These compact units attract students, young professionals, and individuals prioritizing location over space.

One-bedroom apartments spanning 40-60 square meters command €975-€1,045 monthly, resulting in €16.25-€26.13 per square meter. This category represents the sweet spot for single professionals and couples seeking balanced space and affordability.

Two-bedroom properties covering 60-90 square meters range from €1,396-€1,531 monthly, equating to €15.51-€25.52 per square meter. These apartments appeal to small families, sharing professionals, or individuals requiring home office space.

Three-bedroom apartments exceeding 90 square meters span €1,599-€2,393 monthly, translating to €13.32-€26.59 per square meter depending on location and quality. Premium central locations command higher per-square-meter rates despite larger overall sizes.

Rent per square meter averages €13.39 for apartments up to 60 square meters and €11.92 for larger apartments when excluding running costs, demonstrating economies of scale in Vienna's rental market.

What's the total monthly cost for the tenant, including maintenance fees and utilities?

Vienna tenants face additional monthly costs beyond base rent that significantly impact total housing expenses, requiring careful budget planning.

Maintenance fees (Betriebskosten) typically range €2-€4 per square meter monthly, covering cleaning services, waste management, building insurance, and administrative costs. These mandatory charges are standard across Vienna's rental market regardless of property type or location.

Reserve fund contributions (Rücklage) add €0.50-€1.50 per square meter monthly, building capital reserves for major building repairs and renovations. This cost ensures property maintenance standards while protecting long-term tenant interests.

Heating and hot water costs vary significantly depending on building systems and lease agreements. Some properties include these utilities in maintenance fees, while others charge separately based on consumption or allocated building costs.

For a typical 60 square meter apartment, total monthly costs break down as follows: base rent €800-€1,200 (location dependent), maintenance fees €120-€240, reserve fund contributions €30-€90, totaling €950-€1,530 monthly excluding personal utilities like electricity and internet.

Personal utilities including electricity, internet, and phone services typically add €80-€150 monthly depending on usage patterns and service provider choices, bringing total housing costs to €1,030-€1,680 for a 60 square meter apartment.

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What taxes or additional charges does a landlord need to pay when renting out a property?

Vienna landlords face several tax obligations and charges that directly impact rental property profitability and investment returns.

Rental income taxation applies at the landlord's personal income tax rate, ranging from 25% to 55% depending on total annual income levels. This progressive tax structure means higher-earning landlords face substantially higher tax burdens on rental income.

Depreciation deductions allow landlords to offset rental income through wear and tear allowances on their investment properties. These deductions help reduce taxable rental income while accounting for property value deterioration over time.

Second home tax obligations apply since 2025 for properties classified as second homes, charging €300 annually for properties up to 60 square meters, €450 for properties between 60-130 square meters, and €550 for larger properties.

Operating cost responsibilities vary by lease agreement structure, with landlords potentially covering certain maintenance expenses, building insurance premiums, and administrative costs depending on negotiated rental terms.

Property management fees, when utilizing professional services, typically range 8-12% of gross rental income, providing tenant management, maintenance coordination, and legal compliance support for busy or remote landlords.

What's the current mortgage cost for a buy-to-let apartment in Vienna, and how does it compare to rental income?

Vienna's buy-to-let mortgage market presents challenging dynamics for investors as of mid-2025, with financing costs often exceeding rental income in traditional long-term rental scenarios.

Average apartment prices reach approximately €6,303 per square meter for investment properties, meaning a typical 60 square meter apartment costs around €378,180. This pricing level reflects Vienna's continued property value appreciation and strong investment demand.

Buy-to-let mortgage rates currently range 3.5%-4.5% depending on lender, borrower profile, and loan terms. Banks typically offer 80% loan-to-value ratios, requiring €75,636 down payment for our 60 square meter example, with €302,544 financed.

Monthly mortgage payments for this scenario reach approximately €1,445 (principal and interest) over 30 years at 4% interest rates. This calculation assumes standard amortization schedules without considering additional loan fees or insurance requirements.

Average rental income for the same 60 square meter apartment ranges €800-€1,200 monthly depending on location and quality. This comparison reveals negative cash flow situations in traditional rental arrangements, particularly in central districts with higher purchase prices.

Short-term rental strategies (Airbnb) can generate substantially higher returns, with occupancy rates around 77% potentially justifying higher purchase prices through premium nightly rates in tourist-attractive central districts.

What are the gross and net rental yields for different types of properties in Vienna?

District Gross Rental Yield (%) Net Rental Yield (%) Property Type Focus
Innere Stadt 2.5 - 3.0 1.8 - 2.3 Luxury/Tourist
Landstraße 3.2 - 3.8 2.4 - 2.9 Business/Mixed
Favoriten 3.5 - 4.0 2.7 - 3.1 Affordable/Growing
Donaustadt 4.0 - 4.6 3.1 - 3.6 Suburban/Family
Floridsdorf 3.9 - 4.5 3.0 - 3.5 Value/Transport
Ottakring 3.7 - 4.3 2.8 - 3.3 Emerging/Young
Hietzing 2.8 - 3.3 2.1 - 2.6 Premium/Quiet

Vienna's citywide gross rental yield averages 4.12% as of Q1 2025, positioning the market competitively within European capital city standards while reflecting strong underlying property values.

Net rental yields typically range 2.5%-3.5% after accounting for taxes, maintenance costs, vacancy periods, and management expenses. This calculation provides realistic return expectations for long-term rental investment strategies.

Suburban districts including Donaustadt, Floridsdorf, and Favoriten offer the highest yields due to lower property acquisition costs combined with steady rental demand from families and professionals seeking value-oriented housing options.

Central premium districts like Innere Stadt and Hietzing show lower yields reflecting higher property values, but offer greater capital appreciation potential and luxury market positioning for discerning investors.

It's something we develop in our Austria property pack.

How have average rents and yields changed compared to 5 years ago and to last year?

Vienna's rental market has experienced significant transformation over the past five years, with accelerating changes particularly evident in 2024-2025 rental cycles.

Rental price growth reached more than 13% year-on-year in some market segments during 2024, substantially outpacing Austria's inflation rate of 1.9% in late 2024. This dramatic rental increase reflects supply constraints meeting continued demand growth.

Property prices rose approximately 22.5% from 2016 to 2023, creating a foundation for current rental value increases as landlords adjust rents to reflect higher property acquisition and financing costs.

Rental yields have stabilized or slightly increased due to rising rent levels outpacing property price appreciation in many districts. This yield improvement benefits existing property owners while challenging new investors facing higher acquisition costs.

Five-year rental growth comparison shows studios increasing from approximately €550-€700 in 2020 to current €630-€890 levels, representing 14.5%-27.1% growth depending on location and quality factors.

Last year's changes demonstrate market acceleration, with rental increases particularly pronounced in central districts where international demand and limited supply create competitive bidding situations among prospective tenants seeking quality accommodations.

infographics rental yields citiesVienna

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Austria versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.

What are the projected rental price trends for the next 1, 5, and 10 years?

Vienna's rental market faces continued upward pressure through 2026, driven by persistent supply-demand imbalances and demographic growth patterns supporting sustained rental demand.

Next 12 months projections indicate continued rental growth as high demand meets limited new supply additions. Population growth, international migration, and tourism recovery maintain pressure on available rental inventory across all property types and districts.

Five-year outlook (2025-2030) suggests moderate to strong rental appreciation, particularly in central and high-demand districts. Infrastructure development, urban regeneration projects, and Vienna's growing international business presence support long-term rental value growth.

Ten-year projections (2025-2035) anticipate sustained upward rental pressure with potential stabilization if significant new housing projects reach completion. Climate change adaptations, smart city initiatives, and evolving work patterns may reshape rental demand geography within Vienna.

Suburban districts may experience accelerated rental growth as affordability pressures drive tenant migration from central areas, creating investment opportunities in currently undervalued neighborhoods with improving infrastructure.

Short-term rental regulations and tourism patterns will influence central district rental dynamics, potentially creating opportunities for traditional rental investors as regulatory changes affect Airbnb competition levels.

What's the typical vacancy rate in Vienna, and how does it vary by district and property type?

Vienna maintains historically low vacancy rates as of mid-2025, reflecting robust rental demand across all market segments and limited available inventory challenging both tenants and investors.

Citywide vacancy rates remain extremely tight due to high demand from diverse tenant populations including students, expats, families, and young professionals. This scarcity creates competitive rental markets favoring landlords with quality properties.

District variation shows lowest vacancy rates in central and high-demand areas where prime locations and excellent connectivity maintain consistent tenant interest. Suburban districts experience slightly higher vacancy rates but still tight market conditions.

Property type analysis reveals studios and one-bedroom apartments maintain the lowest vacancy rates due to high demand from students and young professionals entering Vienna's competitive rental market seeking affordable, well-located housing options.

Family-sized apartments in quieter, family-friendly districts like Döbling, Hietzing, and Liesing show stable occupancy with slightly longer tenant search periods reflecting more selective rental decisions among families requiring specific amenities and school access.

Seasonal variations affect short-term rental properties more significantly than traditional rentals, with central district vacation rentals experiencing higher occupancy during tourist seasons while maintaining strong business travel demand year-round.

What kinds of renters are most common in Vienna, and what are they typically looking for?

Vienna's diverse tenant landscape reflects the city's role as a major European capital attracting varied demographics with distinct housing preferences and budget considerations.

Students represent a significant rental segment seeking affordable studios and shared apartments, typically preferring districts with excellent public transport connections to universities and vibrant social scenes. Popular student areas include Alsergrund, Wieden, and Favoriten offering budget-friendly options.

Expat professionals prioritize central or well-connected districts, modern apartment features, and furnished rental options facilitating easier relocation processes. These tenants often accept higher rents for convenience, location, and quality amenities.

Young families seek larger apartments in quieter, family-friendly districts like Döbling, Hietzing, and Liesing, prioritizing school access, parks, and family amenities over central location convenience and nightlife proximity.

International business professionals value proximity to commercial districts, modern amenities, excellent transport links, and flexible lease terms accommodating potential relocations or contract changes.

Local young professionals balance location preferences with budget constraints, seeking apartments offering good work-life balance through proximity to both employment centers and recreational activities while maintaining reasonable commuting options.

What are the smartest property types or areas to invest in for short-term versus long-term rentals right now?

Vienna's rental investment landscape offers distinct opportunities depending on investment strategy, risk tolerance, and management preferences, with clear differentiation between short-term and long-term rental approaches.

Short-term rental investments perform best in central districts including Innere Stadt, Landstraße, and Mariahilf, capitalizing on tourism and business travel demand. These areas generate higher returns with occupancy rates around 77% but require active management and regulatory compliance.

Long-term rental investments show strongest potential in growing districts with good infrastructure including Landstraße, Donaustadt, Floridsdorf, and Favoriten. These areas offer stable returns, lower management intensity, and population growth supporting sustained demand.

Studio and one-bedroom apartments excel in short-term rental strategies due to tourist and business traveler preferences for compact, well-located accommodations in premium districts with convenient transportation and attraction access.

Two and three-bedroom apartments perform better as long-term rentals, particularly in family-friendly districts where stable tenant relationships, longer lease terms, and reduced turnover costs improve investment returns and cash flow predictability.

It's something we develop in our Austria property pack.

Conclusion

This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.

Sources

  1. Spotahome Vienna Studio Rentals
  2. Global Property Guide Austria Rental Yields
  3. Rustler Real Estate Analysis Vienna Rents
  4. Engel & Völkers Vienna Property Prices
  5. Statistics Austria Housing Report Q1 2025
  6. InvestRopa Vienna Maintenance Fees
  7. InvestRopa Vienna Rental Yields
  8. Austrian Ministry of Finance Rental Taxation
  9. EHL Market Report Vienna 2025
  10. InvestRopa Vienna Real Estate Trends