Authored by the expert who managed and guided the team behind the Greece Property Pack
Get all the data you need about the real estate market in Greece
We constantly update this blog post so the rent data for Greece stays useful for buyers, landlords and investors.
As of June 2026, rents in Greece are still rising, but the speed of growth depends a lot on the city, the neighborhood and the type of tenant.
This guide focuses only on residential rentals in Greece, with simple numbers for studios, 1-bedroom apartments, 2-bedroom apartments and landlord costs.
And if you’re planning to buy a property in this place, you may want to download our pack covering the real estate market in Greece.
What are typical rents in Greece as of 2026?
What's the average monthly rent for a studio in Greece as of 2026?
As of 2026, the average monthly rent for a studio in Greece is about €450, which is roughly $490 and €450, for a typical 30 to 40 sqm apartment.
In practice, most studio rents in Greece in 2026 fall between €330 and €700 per month, or about $360 to $760 and €330 to €700, depending on the city and condition.
The biggest reasons for this gap are location, renovation quality, furniture, access to universities, metro stations and tourist demand in places like Athens, Thessaloniki, Chania and the Cyclades.
What's the average monthly rent for a 1-bedroom in Greece as of 2026?
As of 2026, the average monthly rent for a 1-bedroom apartment in Greece is about €610, which is roughly $660 and €610, for a typical 45 to 60 sqm home.
Most 1-bedroom apartments in Greece in 2026 rent for about €400 to €750 per month, or roughly $430 to $810 and €400 to €750, with central Athens and coastal areas above that range.
The cheapest 1-bedroom rents are usually found in Patras, Larisa, Ioannina and inland northern Greece, while the highest rents are in Kolonaki, Koukaki, Glyfada, Voula and Vouliagmeni.
What's the average monthly rent for a 2-bedroom in Greece as of 2026?
As of 2026, the average monthly rent for a 2-bedroom apartment in Greece is about €830, which is roughly $900 and €830, for a typical 75 to 90 sqm apartment.
Most 2-bedroom apartments in Greece in 2026 rent for about €600 to €1,100 per month, or roughly $650 to $1,190 and €600 to €1,100, but premium Athens districts can go much higher.
The cheapest 2-bedroom rents are usually in smaller mainland cities and weaker inland markets, while the most expensive ones are in Glyfada, Voula, Vouliagmeni, Kolonaki, Koukaki and Kalamaria.
By the way, you will find much more detailed rent ranges in our property pack covering the real estate market in Greece.
What's the average rent per square meter in Greece as of 2026?
As of 2026, the average rent per square meter in Greece is about €8.8 per sqm per month, which is roughly $9.5 and €8.8.
Across Greece in 2026, a realistic rent range is about €4 to €6 per sqm in cheaper inland areas, €9 to €12 per sqm in central Athens and Thessaloniki, and €13 to €20 or more in premium coastal or island markets.
Compared with other Greek cities, Athens South, central Athens, Thessaloniki Center and the Cyclades are expensive, while Patras, Larisa, Ioannina and Grevena are much more affordable.
Renovated apartments, sea views, balconies, elevators, air conditioning, strong energy performance and short walking distance to metro stations or universities usually push rent per sqm above the Greece average.
How much have rents changed year-over-year in Greece in 2026?
As of 2026, average signed rents in Greece are estimated to be up about 5% to 7% year over year, while national asking rents rose about 4.2% in Q1 2026.
The main drivers are tight rent-ready supply, old leases resetting upward, student demand, tourism pressure, higher wages and the shortage of renovated apartments in Athens and Thessaloniki.
This is slower than the stronger 2024 and 2025 rental surge, but rent pressure in Greece is still clear because many old contracts are catching up with today’s market.
What's the outlook for rent growth in Greece in 2026?
As of 2026, our estimate is that rents in Greece will grow by about 4% to 6% over the full year.
Rent growth in Greece should be supported by limited supply, steady tourism, student demand, wage growth and the fact that many older apartments still need renovation before they can be rented.
The strongest rent growth is likely in Athens South, central Athens, Thessaloniki Center, Kalamaria, Chania, Heraklion, Zografou, Goudi and other university-driven areas.
The main risks are weaker affordability, slower economic growth, new tax pressure, more homes returning from short-term rentals and tenants refusing rents that rise too far above local wages.
Get fresh and reliable information about the market in Greece
Don't base significant investment decisions on outdated data. Get updated and accurate information.
Which neighborhoods rent best in Greece as of 2026?
Which neighborhoods have the highest rents in Greece as of 2026?
As of 2026, the highest-rent areas in Greece include Vouliagmeni at about €20.5 per sqm, or $22.1 and €20.5, plus Voula and Glyfada at premium Athens Riviera levels.
These neighborhoods charge premium rents because they offer sea access, renovated apartments, international tenants, good lifestyle amenities and very limited high-quality long-term rental supply.
The typical tenant in these high-rent Greece neighborhoods is an expat, a high-income local family, a senior professional, a remote worker or a lifestyle renter who wants a polished home near the sea.
By the way, we’ve written a blog article detailing Sources and methodology: we used Spitogatos, Spitogatos Property Index and Bank of Greece. We focused on published rent per sqm leaders. We also reviewed our own Greece premium-neighborhood rent evidence.
Where do young professionals prefer to rent in Greece right now?
Young professionals in Greece usually prefer Koukaki, Pangrati and Neos Kosmos in Athens, while Kypseli, Exarchia, Gazi, Thessaloniki Center and Kalamaria are also strong choices.
In these Greece neighborhoods, young professionals usually pay about €550 to €900 per month, or roughly $590 to $970 and €550 to €900, for a good studio or 1-bedroom apartment.
These areas attract young professionals because cafés, nightlife, metro access, coworking spaces, furnished apartments and short commutes make daily life easier.
By the way, you will find a detailed tenant analysis in our property pack covering the real estate market in Greece.
Where do families prefer to rent in Greece right now?
Families in Greece usually prefer Chalandri, Marousi and Kifisia in northern Athens, with Glyfada, Voula, Paleo Faliro, Kalamaria, Pylaia and Thermi also popular.
Families in these Greece areas usually pay about €900 to €1,600 per month, or roughly $970 to $1,730 and €900 to €1,600, for 2-bedroom and 3-bedroom apartments.
Families like these neighborhoods because they offer larger apartments, balconies, parking, calmer streets, schools, parks, better heating options and easier daily routines.
Popular educational options near these family areas include St. Catherine’s British School in Lykovrisi, Campion School near Pallini, ACS Athens in Halandri and Anatolia College in Thessaloniki.
Which areas near transit or universities rent faster in Greece in 2026?
As of 2026, the fastest-renting university and transit areas in Greece include Zografou, Goudi and Ilisia in Athens, plus Thessaloniki Center, Patras Center and Ioannina Center.
Well-priced rentals in these Greece areas often stay listed for only 15 to 30 days, especially small furnished homes during the July to September student search season.
A flat within walking distance of a metro station, university or hospital can often earn €50 to €150 more per month, or about $55 to $160 and €50 to €150.
Which neighborhoods are most popular with expats in Greece right now?
The most popular expat neighborhoods in Greece include Koukaki, Pangrati and Kolonaki in central Athens, with Glyfada, Voula, Vouliagmeni, Chania Old Town and Thessaloniki Center also important.
Expats in these Greece neighborhoods usually pay about €700 to €1,600 per month, or roughly $760 to $1,730 and €700 to €1,600, depending on size, furniture and view.
Expats choose these areas because the homes are easier to furnish, the streets are walkable, cafés and services are nearby, and English-speaking support is easier to find.
The most visible expat groups in these Greece areas include British, German, French, American, Dutch and other European residents, plus remote workers from many countries.
And if you are also an expat, you may want to read our Sources and methodology: we used Spitogatos, SPI and IMF Greece. We combined rent levels with international lifestyle demand. We also used our own expat-rental demand notes for Greece.
Get to know the market before buying a property in Greece
Better information leads to better decisions. Get all the data you need before investing a large amount of money.
Who rents, and what do tenants want in Greece right now?
What tenant profiles dominate rentals in Greece?
The top tenant profiles in Greece are young workers, students and families priced out of buying, with expats, remote workers and seasonal workers also important in specific locations.
As a simple estimate, young workers represent about 30% of demand, students about 25%, families about 25%, and expats, remote workers and seasonal tenants about 20%.
Young workers and students usually want studios or 1-bedroom apartments, families want 2-bedroom or 3-bedroom homes, and expats often want furnished renovated homes in central or coastal areas.
If you want to optimize your cashflow, you can read our Sources and methodology: we used Kathimerini, Spitogatos Students and Eurostat Housing. We grouped tenants by city function and property type. We then compared the split with our own Greece tenant-demand analysis.
Do tenants prefer furnished or unfurnished in Greece?
In Greece in 2026, about 55% of small-apartment tenants prefer furnished rentals, while about 45% prefer unfurnished or semi-furnished homes, mainly for longer family leases.
A good furnished apartment in Greece can often earn €50 to €150 more per month, or roughly $55 to $160 and €50 to €150, compared with a similar unfurnished apartment.
Furnished rentals are most popular with students, young professionals, expats, remote workers and medium-term tenants in Athens, Thessaloniki, Chania, Heraklion and island markets.
Which amenities increase rent the most in Greece?
The five amenities that increase rent the most in Greece are full renovation, air conditioning, balcony, elevator access and strong heating or energy performance.
In Greece in 2026, renovation can add about €80 to €180 per month, A/C €30 to €80, balcony €30 to €100, elevator access €30 to €70, and better heating or windows €40 to €120.
In our property pack covering the real estate market in Greece, we cover what are the best investments a landlord can make.
What renovations get the best ROI for rentals in Greece?
The best ROI renovations for Greece rentals are repainting, bathroom refresh, kitchen refresh, A/C installation and double-glazed windows.
Typical costs are about €1,000 to €2,500 for repainting, €2,500 to €6,000 for a bathroom, €3,000 to €8,000 for a kitchen, €800 to €2,000 for A/C and €3,000 to €8,000 for windows, with total rent gains often around €80 to €180 per month.
Landlords in Greece should usually avoid over-luxury finishes, niche design choices and expensive upgrades in low-rent inland areas because local tenants may not pay enough extra rent.
Make a profitable investment in Greece
Better information leads to better decisions. Save time and money. Download our data.
How strong is rental demand in Greece as of 2026?
What's the vacancy rate for rentals in Greece as of 2026?
As of 2026, the functional long-term rental vacancy rate in Greece is estimated at about 5% to 7% nationally.
In liquid areas of Athens and Thessaloniki, functional vacancy is closer to 3% to 5%, while weaker inland towns can have much higher empty-home levels that do not always translate into rent-ready supply.
Compared with the historical picture, today’s useful rental vacancy in Greece is tight because many empty homes are old, inherited, badly located or not prepared for long-term tenants.
Finally please note that you will have all the indicators you need in our property pack covering the real estate market in Greece.
How many days do rentals stay listed in Greece as of 2026?
As of 2026, well-priced rentals in Greece usually stay listed for about 25 to 40 days before finding a tenant.
The realistic range is about 15 to 30 days for good studios near universities or metro lines, and 45 to 75 days for overpriced, old or poorly located apartments.
Compared with one year ago, days on market in Greece look slightly shorter for renovated small units, but overpriced homes are taking longer because tenant affordability is stretched.
Which months have peak tenant demand in Greece?
The peak tenant-demand months in Greece are July, August and September for students, plus May, June and July for seasonal workers and relocation demand.
This seasonality comes from the academic year, tourism hiring, summer relocations and families trying to settle leases before schools and universities restart.
The lowest tenant-demand months in Greece are usually December, January and February, except for special cases such as urgent relocations or well-priced city apartments.
Don't buy the wrong property, in the wrong area of Greece
Buying real estate is a significant investment. Don't rely solely on your intuition. Gather the right information to make the best decision.
What will my monthly costs be in Greece as of 2026?
What property taxes should landlords expect in Greece as of 2026?
As of 2026, a typical landlord in Greece should expect annual property tax of about €200 to €500 for an ordinary 80 sqm apartment, or roughly $215 to $540 and €200 to €500.
The realistic range is about €150 to €1,000 per year, or roughly $160 to $1,080 and €150 to €1,000, depending on location, zone value, size, age and property rights.
Property tax in Greece is mainly driven by ENFIA, which uses official values and property characteristics such as location, floor, age, surface, façade and ownership share.
Please note that, in our property pack covering the real estate market in Greece, we cover what exemptions or deductions may be available to reduce property taxes for landlords.
What utilities do landlords often pay in Greece right now?
In Greece, landlords most often pay ENFIA, major building repairs, insurance if chosen, agency fees if used and common charges during vacancy.
Typical landlord-paid monthly planning costs can include €20 to €80 for vacancy common charges, €15 to €40 for insurance, and larger repair reserves that average about €70 to €170 per month over a year.
For normal long-term rentals in Greece, tenants usually pay electricity, water, internet, heating use and routine common charges, while furnished or medium-term rentals may include more utilities in the rent.
How is rental income taxed in Greece as of 2026?
As of 2026, rental income in Greece is taxed at 15% up to €12,000, 35% from €12,001 to €35,000, and 45% above €35,000.
Main deductions and tax treatments can depend on the landlord’s situation, but owners should check maintenance, reporting rules, tax residence, treaty treatment and professional advice before assuming any deduction.
Common Greece-specific mistakes include not getting a Greek tax number, misreporting rental income, ignoring non-resident rules, forgetting ENFIA, and treating short-term rental income like ordinary long-term rent without checking the rules.
We cover these mistakes, among others, in our Sources and methodology: we used AADE income taxation, AADE non-residents and IMF Greece. We used official tax brackets for the core answer. We also checked our own Greece investor notes for common landlord mistakes.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Greece 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 sources have we used to write this blog article?
Whether it’s in our blog articles or the market analyses included in our property pack about Greece, we always rely on the strongest methodology we can … and we don’t throw out numbers at random.
We also aim to be fully transparent, so below we’ve listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why we trust it | How we used it |
|---|---|---|
| ELSTAT Consumer Price Index | ELSTAT is Greece’s official statistics agency, so it is the core source for national inflation data. | We used ELSTAT to anchor actual rent inflation in Greece. We compared it with Eurostat and FRED so the article did not rely only on asking rents. |
| Eurostat/FRED HICP Actual Rentals for Housing | FRED republishes Eurostat’s harmonized rent index in a clear monthly time series. | We used the May 2026 index as a signed-rent pressure signal. We used it to separate paid rents from advertised rents. |
| Spitogatos Q1 2026 market report | Spitogatos is Greece’s largest property portal and gives fresh asking-rent data by area. | We used Spitogatos for Q1 2026 asking-rent growth and local rent per sqm examples. We treated the figures as asking rents, not final contracts. |
| Spitogatos Property Index | The index explains how Spitogatos tracks asking prices, cleans outliers and updates local market data. | We used the index to support area-level rent comparisons in Greece. We adjusted some figures because asking rents can sit above signed rents. |
| Bank of Greece real estate market | The Bank of Greece is the country’s central bank and tracks the wider property market. | We used it to frame Greece’s broader real estate cycle. We did not use it as a direct rent source because it is stronger on prices than leases. |
| Bank of Greece real estate price indices | The indices use bank valuation data and official market-monitoring infrastructure. | We used them to check whether rising rents fit the wider property-price cycle. We cross-checked the signal with Spitogatos and Eurostat data. |
| European Commission Greece forecast | The European Commission gives official economic forecasts for Greece and the wider European Union. | We used it for 2026 growth and inflation context. We used that context to judge whether rent growth in Greece should cool or accelerate. |
| IMF Greece country page | The IMF publishes macroeconomic material and country-level analysis for Greece. | We used it to cross-check Greece’s 2026 economic outlook. We treated macro demand as supportive, but not enough to solve supply shortages. |
| IMF 2026 Article IV Greece | This is a recent official IMF assessment of Greece’s economy. | We used it to frame inflation, wage and affordability risks. We connected those risks to tenants’ ability to absorb rent increases. |
| AADE income taxation in Greece | AADE is Greece’s official tax authority, so it is the right source for rental-income tax brackets. | We used AADE for the rental-income tax rates. We avoided relying on simplified investor blogs for the core tax answer. |
| AADE non-residents and property taxation | This official portal covers non-resident tax and property topics in Greece. | We used it to verify the basic landlord-tax framework for foreign owners. We used official categories instead of informal summaries. |
| Eurostat Housing in Europe 2025 | Eurostat gives comparable housing data across Europe. | We used it for ownership, renting and housing-cost context. We used it to avoid treating Greece like a normal high-rent market without nuance. |
| Kathimerini student rents report | Kathimerini is a major Greek newspaper and cites Spitogatos Insights clearly. | We used it for student-rental behavior and university-market pressure. We cross-checked it with Spitogatos student housing supply. |
| Spitogatos student housing portal | This portal shows live student-rental supply around Greek universities. | We used it to identify university-driven rental zones. We did not treat individual listings as official market averages. |
Get fresh and reliable information about the market in Greece
Don't base significant investment decisions on outdated data. Get updated and accurate information.