Get all the data you need about the real estate market in Romania
We update this blog post regularly so the data you see here reflects what the Romania rental market actually looks like right now.
Romania has become one of the most watched residential markets in Central and Eastern Europe, and the numbers behind that attention are worth understanding clearly.
Whether you are looking at Bucharest, Cluj-Napoca, Iasi, Timisoara, or the Black Sea coast, rental yields vary a lot depending on where you buy and what type of apartment you choose.
And if you're planning to buy a property in Romania, you may want to download our real estate pack about Romania.
A quick summary table
| Metric | Value |
|---|---|
| Romania neighborhood with the best rental yield | Militari (studio) at 8.3% gross |
| Romania neighborhood with the weakest rental yield | Copou and Tractorul (2-bed) at 6.2% gross |
| Average gross yield across Romania neighborhoods | ~7.0% |
| Average net yield across Romania neighborhoods | ~4.8% |
| Median purchase price in Romania (this dataset) | ~530,000 RON |
| Average monthly rent in Romania (this dataset) | ~3,050 RON |
| Average occupancy rate across Romania neighborhoods | ~94% |
| Fastest leasing market in Romania | Tatarasi (studio) at 11 days average |
| Slowest leasing market in Romania | Pipera-Aviatiei (2-bed) at 24 days average |
| Highest occupancy Romania neighborhoods | Militari, Drumul Taberei, Tatarasi, Marassti (studios at 96%) |
| Best value high-yield segment in Romania | Studios in Militari and Drumul Taberei |
| Yield dispersion across Romania neighborhoods | From 6.2% to 8.3% gross (about 2.1 percentage points) |
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Romania neighborhoods and property types in 2026 ranked by rental yield
This table ranks the top neighborhoods and property types in Romania by gross rental yield.
For each neighborhood and property type, the table includes average purchase price, average monthly rent, gross rental yield, net rental yield, annual fees, average occupancy, average time to rent, main rental demand, main risk, and investment profile.
By the way, you'll find much more detailed data in our real estate pack about Romania.
| # | Neighborhood | Property type | Gross rental yield | Net rental yield | Average purchase price | Average monthly rent | Ownership annual fees | Average occupancy | Average time to rent | Main rental demand | Main risk | Rental Investment Profile |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Militari | Studio | 8.3% | 5.7% | 264,966 RON | 1,834 RON | 6,000 RON | 96% | 14 days | Students and first-job renters | Older stock renovation risk | Top Pick |
| 2 | Militari | 1-bed apartment | 7.7% | 5.5% | 397,449 RON | 2,548 RON | 7,200 RON | 95% | 16 days | Couples and young professionals | High competition from similar units | Strong Potential |
| 3 | Militari | 2-bed apartment | 7.5% | 5.5% | 529,932 RON | 3,312 RON | 8,400 RON | 94% | 18 days | Families near metro and retail | Higher turnover after rent increases | Strong Potential |
| 4 | Drumul Taberei | Studio | 8.1% | 5.6% | 285,348 RON | 1,936 RON | 6,200 RON | 96% | 13 days | Students and metro commuters | Older block maintenance costs | Top Pick |
| 5 | Drumul Taberei | 1-bed apartment | 7.6% | 5.4% | 428,022 RON | 2,701 RON | 7,600 RON | 95% | 15 days | Young couples and civil servants | Rent resistance in budget stock | Strong Potential |
| 6 | Drumul Taberei | 2-bed apartment | 7.4% | 5.4% | 570,696 RON | 3,516 RON | 9,000 RON | 94% | 18 days | Families seeking green areas | Slower leasing for dated interiors | Strong Potential |
| 7 | Tatarasi | Studio | 7.5% | 5.3% | 315,921 RON | 1,987 RON | 6,000 RON | 96% | 11 days | Students and hospital employees | Older building modernization risk | Strong Potential |
| 8 | Tatarasi | 1-bed apartment | 7.1% | 5.1% | 473,882 RON | 2,803 RON | 7,600 RON | 95% | 13 days | Young couples and nurses | Large pipeline of similar flats | Good Potential |
| 9 | Tatarasi | 2-bed apartment | 6.8% | 4.9% | 631,842 RON | 3,567 RON | 9,200 RON | 94% | 15 days | Families near schools and hospitals | Slower lease-up for dated flats | Good Potential |
| 10 | Calea Girocului | Studio | 7.4% | 5.1% | 295,539 RON | 1,834 RON | 5,800 RON | 95% | 14 days | Students and first-job renters | Tenant churn in cheaper stock | Good Potential |
| 11 | Calea Girocului | 1-bed apartment | 7.1% | 5.0% | 433,118 RON | 2,548 RON | 7,300 RON | 94% | 16 days | Young couples and office staff | Competition from Braytim and new projects | Good Potential |
| 12 | Calea Girocului | 2-bed apartment | 6.9% | 4.8% | 570,696 RON | 3,261 RON | 8,800 RON | 93% | 18 days | Families near schools and transit | Higher vacancy for top-floor units | Good Potential |
| 13 | Tomis Nord | Studio | 7.4% | 5.1% | 331,208 RON | 2,038 RON | 6,200 RON | 95% | 13 days | Students and seasonal workers | Summer-winter rent volatility | Good Potential |
| 14 | Tomis Nord | 1-bed apartment | 6.9% | 4.9% | 499,359 RON | 2,854 RON | 7,800 RON | 94% | 15 days | Young professionals and medical staff | Seasonal short-let temptation | Good Potential |
| 15 | Tomis Nord | 2-bed apartment | 6.5% | 4.6% | 672,606 RON | 3,669 RON | 9,600 RON | 92% | 19 days | Families and university-linked tenants | Off-season vacancy spikes | Moderate Appeal |
| 16 | Manastur | Studio | 7.2% | 5.1% | 356,685 RON | 2,140 RON | 6,500 RON | 96% | 12 days | Students and entry-level workers | Older stock refurbishment needs | Good Potential |
| 17 | Manastur | 1-bed apartment | 6.8% | 4.9% | 519,741 RON | 2,955 RON | 8,200 RON | 95% | 14 days | Couples seeking lower rents | Abundant competing supply | Good Potential |
| 18 | Manastur | 2-bed apartment | 6.5% | 4.7% | 692,988 RON | 3,771 RON | 9,800 RON | 94% | 16 days | Families and roommate sharers | Rent resistance above market | Moderate Appeal |
| 19 | Pipera-Aviatiei | Studio | 7.1% | 4.8% | 499,359 RON | 2,955 RON | 9,000 RON | 93% | 17 days | Single corporates in business hubs | New-supply competition | Good Potential |
| 20 | Pipera-Aviatiei | 1-bed apartment | 6.8% | 4.6% | 738,848 RON | 4,178 RON | 12,000 RON | 92% | 19 days | Expats and corporate tenants | Service-charge and parking costs | Moderate Appeal |
| 21 | Pipera-Aviatiei | 2-bed apartment | 6.6% | 4.5% | 1,070,000 RON | 5,860 RON | 15,000 RON | 90% | 24 days | Expat families and managers | Tenant seasonality and premium price risk | Moderate Appeal |
| 22 | Marasti | Studio | 6.6% | 4.8% | 433,118 RON | 2,395 RON | 7,000 RON | 96% | 12 days | Students and hospital staff | High summer vacancy sensitivity | Moderate Appeal |
| 23 | Marasti | 1-bed apartment | 6.6% | 4.8% | 631,842 RON | 3,465 RON | 9,000 RON | 95% | 13 days | Young professionals near offices | Price-to-rent stretch | Moderate Appeal |
| 24 | Marasti | 2-bed apartment | 6.3% | 4.6% | 840,758 RON | 4,382 RON | 10,800 RON | 94% | 16 days | Roommates and young families | Higher purchase price inflation | Moderate Appeal |
| 25 | Copou | Studio | 6.6% | 4.6% | 387,258 RON | 2,140 RON | 6,500 RON | 95% | 14 days | Students near universities | Academic-season vacancy swings | Moderate Appeal |
| 26 | Copou | 1-bed apartment | 6.4% | 4.6% | 570,696 RON | 3,057 RON | 8,500 RON | 94% | 16 days | Lecturers and young professionals | High entry price per sqm | Moderate Appeal |
| 27 | Copou | 2-bed apartment | 6.2% | 4.3% | 774,516 RON | 3,975 RON | 10,500 RON | 92% | 20 days | Medical staff and small families | Narrower tenant pool | Moderate Appeal |
| 28 | Tractorul | Studio | 6.8% | 4.6% | 387,258 RON | 2,191 RON | 7,200 RON | 95% | 13 days | Young professionals in new blocks | Higher condo fees in new schemes | Moderate Appeal |
| 29 | Tractorul | 1-bed apartment | 6.4% | 4.4% | 575,792 RON | 3,057 RON | 9,000 RON | 94% | 15 days | Couples and mobile professionals | New-supply pressure | Moderate Appeal |
| 30 | Tractorul | 2-bed apartment | 6.2% | 4.3% | 774,516 RON | 3,975 RON | 11,000 RON | 93% | 18 days | Families wanting new-build amenities | Purchase prices rising faster than rents | Moderate Appeal |
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Key insights about rental yields in Romania
Insights
- In Romania, the gap between the best and worst gross yield in this dataset is about 2.1 percentage points (8.3% in Militari vs 6.2% in Tractorul and Copou). That gap sounds small, but over a 10-year hold it compounds into a very real difference in total return.
- Studios in Romania beat 1-bed and 2-bed apartments on gross yield in every single neighborhood covered here, often by 0.3 to 0.5 percentage points, which makes them the most efficient entry format for a first-time Romanian landlord focused on yield.
- Moving from a studio to a 2-bed apartment in the same Romania neighborhood typically costs close to three times as much to buy but only brings in about twice the monthly rent, which is why the yield always drops as you go up in size.
- Militari and Drumul Taberei in Bucharest reach gross yields above 8% on studios, which is unusually high for a European capital and reflects how affordable these neighborhoods still are relative to their tenant demand.
- Pipera-Aviatiei commands the highest rents in this Romania dataset (up to 5,860 RON per month for a 2-bed), but its purchase prices are so elevated that the net yield falls to just 4.5%, one of the lowest in the table despite the strong tenant profile.
- Tatarasi in Iasi is the fastest-renting neighborhood in this dataset at just 11 days on average for a studio, which is faster than many Bucharest neighborhoods despite Iasi being a smaller city overall.
- Tomis Nord in Constanta delivers solid yields year-round, but it is the only neighborhood in this dataset where seasonal swings in rent are flagged as a primary owner risk, which matters if you plan to rely on steady monthly cash flow.
- Tractorul in Brasov attracts young professionals in new-build blocks, but the condo fees in those newer schemes eat more deeply into net returns than older stock in other cities, bringing its net yield down to 4.3% on a 2-bed.
- The most affordable entry point in this Romania dataset is a Militari studio at around 265,000 RON, which is less than a quarter of the cost of a Pipera-Aviatiei 2-bed, yet still delivers a higher net yield.
- Across all Romania neighborhoods here, the average gap between gross yield and net yield is roughly 2.2 percentage points, which gives a useful rule of thumb: subtract about 2 points from any gross yield figure to get a more realistic after-cost number.
- Manastur in Cluj-Napoca stands out as the only Cluj neighborhood in this dataset with a net yield above 5% on a studio (5.1%), which is notable given that Cluj is generally one of Romania's most expensive cities to buy in.
- Occupancy rates across Romania neighborhoods in this dataset cluster tightly between 90% and 96%, meaning vacancy is rarely the main lever. The bigger variable is purchase price, which directly drives most of the yield differences between neighborhoods.
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About our methodology
We also believe it is important to show our reasoning. It is one of the ways we make our work solid, transparent, and rigorous, just as you will see in our real estate pack about Romania.
First, please note that this data is updated regularly, so what you see here reflects the current values as of today.
In order to get reliable data, we applied a strict source filter. We only used authoritative, verifiable sources, not random listings or unsupported figures. More on that point below.
For each Romania neighborhood and property type, we aggregated the freshest purchase price and monthly rent data available. When possible, we cross-checked multiple sources to confirm the same range. Romania's property portals Imobiliare.ro and Storia were central to this, but we also used official sources including INSSE, ANCPI, and the National Bank of Romania.
This allowed us to estimate rental yield before costs. That is the gross yield, based on annual rent versus purchase price.
We then estimated rental yield after costs. That is the net yield, after recurring ownership and operating expenses.
These expenses vary between Romania neighborhoods and property types. That is why two areas with similar rents can still produce different net returns.
For example, newer Romania developments like Tractorul in Brasov or Pipera-Aviatiei in Bucharest carry higher condo fees. Older communist-era blocks in Militari or Drumul Taberei tend to have lower fees but may need more maintenance spending over time. In higher-turnover areas, vacancy and tenant-related costs can also be higher.
We also estimated annual ownership fees by combining the main recurring costs linked to each asset type in Romania. This includes property taxes, condo fees where relevant, insurance, and a maintenance allowance.
These estimates were not applied as one flat number across Romania. They were adjusted by neighborhood and property type to better reflect what ownership actually costs in each local context.
All prices were converted to RON using the March 2026 monthly average exchange rate from the National Bank of Romania, cross-checked against the ECB reference series, since many Romania property portals quote in euro.
This table should therefore be read as a structured market estimate, not as an exact guarantee of future performance. Honesty, quality, and rigor are at the core of our work, and they are also what you will find in our real estate pack about Romania.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our real estate pack about Romania, we rely on verifiable sources and a transparent methodology.
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 it's reliable | How we used it |
|---|---|---|
| INSSE (National Institute of Statistics) | Romania's official statistics office, which makes it the most reliable base for housing supply and completions data. | We used it to understand Romania's housing supply backdrop and new delivery volumes by city. This helped us judge where rent pressure is more likely to hold firm because new supply is not fully catching up with demand. |
| ANCPI (National Cadastre and Land Registration Authority) | Romania's official land-registration authority, so it is the definitive reference for registered property transactions. | We used it to anchor where transaction activity was strongest across Romanian cities. This helped us prioritize neighborhoods with real residential liquidity rather than just high listing volume. |
| Eurostat | The EU's official statistics body, which provides a strong cross-country benchmark for house price trends. | We used it to cross-check that Romania's price growth trend stayed positive into 2025 and early 2026. This helped us sanity-check whether our neighborhood-level purchase price assumptions were too conservative or too aggressive. |
| National Bank of Romania (NBR) exchange rates | The NBR is the official source for Romanian leu exchange rate data, with a clean monthly average series. | We used the March 2026 monthly average EUR/RON rate to convert euro-denominated portal prices into local currency. We used the monthly average rather than a single day's rate to reduce noise in the conversion. |
| Imobiliare.ro city sale-price indices | Imobiliare.ro is one of Romania's largest residential portals and publishes city-level price indices with a long track record. | We used the city-level indices for Bucharest, Cluj-Napoca, Iasi, Timisoara, Brasov, and Constanta as our purchase-price baselines. We then adjusted those baselines up or down by neighborhood and unit type using local demand evidence and active listings. |
| Imobiliare.ro rent-demand maps | These portal reports map average asking rents by neighborhood across Romania's major cities, using one of the deepest listing databases in the country. | We used the Bucharest and major-city rent maps to choose which neighborhoods to include and to anchor their relative rent levels. This gave us a cross-city comparison framework rather than relying on a single market's data. |
| Imobiliare.ro Iasi rent map | One of the clearest neighborhood-level rent snapshots available for Iasi from a major Romanian portal. | We used it to identify Tatarasi and Copou as the priority renter zones in Iasi. This informed both the rent levels and the tenant demand profiles shown in the table. |
| Storia rent market analysis 2025 and early 2026 | Storia is a major Romanian housing platform that publishes recurring rental market analysis with clear methodology. | We used it to cross-check tenant demand patterns by unit size across Romanian cities. It confirmed that smaller apartment formats still dominate mainstream rental searches, which shaped our studio-versus-larger-unit yield commentary. |
| SVN Romania Market Drive 2025 | SVN Romania is a recognized real estate consultancy that publishes a transparent market report with explicit use of ANCPI transaction data. | We used it to identify which Romanian regional markets were strongest in sales volume and where affordability pressure was rising. It served as a second check against over-relying on portal listing data alone. |
| Imobiliare.ro national January 2026 price report | A regularly published national price summary from one of Romania's most widely read property portals. | We used it to cross-check the national and major-city sale-price level at the start of 2026. It acted as a bridge between city averages and our neighborhood-level adjustments. |
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