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What rental yield can you expect in Vienna? (2026)

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Get all the data you need about the real estate market in Vienna

We update this blog post regularly so the numbers you see always reflect the latest available data.

Vienna is one of the most stable rental markets in Europe, with strong demand, low vacancy, and a city that keeps growing.

But not every neighborhood works the same way for a landlord, and the differences can be significant.

And if you're planning to buy a property in Vienna, you may want to download our real estate pack about Vienna.

A quick summary table

Metric Value
Vienna neighborhood with the best rental yield Favoriten (studio) and Donaustadt (one-bedroom)
Vienna neighborhoods with the weakest rental yields Döbling (all property types)
Average gross yield across Vienna 3.0%
Average net yield across Vienna 2.5%
Median purchase price in Vienna around €316,500
Average monthly rent in Vienna around €870
Average occupancy rate in Vienna 96.8%
Fastest Vienna rental market Mariahilf, Neubau, and Wieden (studios rent in 9 days)
Slowest Vienna rental market Döbling three-bedroom apartments (26 days)
Highest occupancy in Vienna Mariahilf and Wieden studios at 98.3%
Best value high-yield segment in Vienna Studios and one-bedrooms in Favoriten and Donaustadt
Yield range across Vienna neighborhoods 2.4% to 3.7% gross

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Vienna neighborhoods and property types in 2026 ranked by rental yield

This table ranks the main Vienna neighborhoods and property types by gross rental yield as of March 2026.

For each neighborhood and property type, the table includes average purchase price, average monthly rent, gross rental yield, net rental yield, annual ownership 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 Vienna.

# 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 Donaustadt One-bedroom apartment 3.7% 3.1% €189,499 €585 €1,037 97.2% 14 days Young professionals in new quarters Large new-build pipeline competition Top Pick
2 Favoriten Studio apartment 3.7% 3.1% €120,658 €370 €630 97.8% 11 days Entry-level workers and students Micro-location reputation discount Top Pick
3 Favoriten One-bedroom apartment 3.6% 3.0% €205,847 €610 €1,008 97.2% 14 days Young households near Hauptbahnhof Older stock energy retrofit costs Strong Potential
4 Donaustadt Two-bedroom apartment 3.6% 2.9% €298,915 €884 €1,555 96.2% 18 days Small families near U2 Service charges in new estates Strong Potential
5 Donaustadt Three-bedroom apartment 3.5% 2.8% €408,224 €1,176 €2,052 94.3% 27 days Families wanting water and parks Slower leasing in fringe microlocations Good Potential
6 Favoriten Two-bedroom apartment 3.4% 2.8% €316,520 €905 €1,470 96.2% 20 days Working families seeking value Tenant income sensitivity in downturns Strong Potential
7 Margareten Studio apartment 3.3% 2.7% €157,824 €430 €710 97.8% 11 days Students and first-job renters Older-building refurbishment needs Good Potential
8 Margareten One-bedroom apartment 3.2% 2.7% €255,400 €680 €1,110 97.2% 14 days Young singles near U2 expansion Micro-location quality varies sharply Good Potential
9 Mariahilf Studio apartment 3.1% 2.7% €180,159 €470 €768 98.3% 9 days Design and media professionals Buy-in too expensive for the yield Good Potential
10 Margareten Two-bedroom apartment 3.1% 2.6% €378,864 €986 €1,598 96.2% 18 days Budget-conscious professional couples Future supply near upgraded corridors Good Potential
11 Landstraße One-bedroom apartment 3.1% 2.6% €279,582 €727 €1,170 97.2% 14 days Embassy staff and professionals Premium pricing limits upside Good Potential
12 Leopoldstadt Studio apartment 3.1% 2.6% €179,690 €463 €798 98.2% 11 days Young professionals near Prater Pipeline competition in new towers Good Potential
13 Wieden Studio apartment 3.0% 2.6% €204,043 €519 €840 98.3% 9 days TU Wien students Rent caps in older stock Good Potential
14 Neubau Studio apartment 3.0% 2.6% €196,173 €497 €812 98.3% 9 days Creative professionals and expats Premium pricing suppresses returns Good Potential
15 Mariahilf One-bedroom apartment 3.0% 2.6% €296,331 €750 €1,200 97.7% 12 days Young couples near Mariahilfer Strasse Scarce stock lifts acquisition risk Good Potential
16 Landstraße Two-bedroom apartment 3.0% 2.5% €439,722 €1,103 €1,755 96.2% 18 days Corporate renters and couples New-build supply around St. Marx Moderate Appeal
17 Leopoldstadt One-bedroom apartment 3.0% 2.5% €272,300 €680 €1,140 97.2% 14 days Young professional couples Service-charge creep in new blocks Moderate Appeal
18 Wieden One-bedroom apartment 3.0% 2.5% €336,501 €833 €1,320 97.7% 12 days Young professionals near Hauptbahnhof High entry price per square metre Moderate Appeal
19 Neubau One-bedroom apartment 3.0% 2.5% €324,696 €801 €1,279 97.7% 12 days Media workers and couples Competition from renovated altbau units Moderate Appeal
20 Landstraße Three-bedroom apartment 3.0% 2.4% €605,676 €1,490 €2,340 94.8% 24 days Executive families near embassies Narrower tenant pool at high rent Moderate Appeal
21 Mariahilf Two-bedroom apartment 2.9% 2.5% €482,522 €1,186 €1,872 96.7% 17 days High-income urban couples Luxury finishes raise upkeep costs Moderate Appeal
22 Alsergrund Studio apartment 2.9% 2.5% €198,106 €482 €787 98.3% 9 days Medical staff and students Strict regulation in pre-war stock Moderate Appeal
23 Leopoldstadt Two-bedroom apartment 2.9% 2.4% €428,925 €1,038 €1,710 96.2% 18 days Dual-income urban households Higher purchase basis compresses yield Moderate Appeal
24 Wieden Two-bedroom apartment 2.9% 2.4% €509,644 €1,228 €1,920 96.7% 17 days Professional couples near city core Limited stock raises renovation budgets Moderate Appeal
25 Neubau Two-bedroom apartment 2.9% 2.4% €507,487 €1,217 €1,919 96.7% 17 days Affluent urban couples Tenant expectations raise capital costs Moderate Appeal
26 Alsergrund One-bedroom apartment 2.8% 2.4% €326,760 €770 €1,230 97.7% 12 days Hospital and university professionals Higher reserve charges in period buildings Moderate Appeal
27 Alsergrund Two-bedroom apartment 2.7% 2.3% €546,924 €1,248 €1,968 96.7% 17 days Academic and medical couples Small supply base limits flexibility Moderate Appeal
28 Döbling One-bedroom apartment 2.5% 2.1% €393,703 €836 €1,452 97.2% 15 days Affluent singles and diplomats Luxury pricing lowers yield Limited Appeal
29 Döbling Two-bedroom apartment 2.4% 2.0% €641,866 €1,306 €2,244 96.2% 20 days Upper-income families and executives Longer reletting for premium units Limited Appeal
30 Döbling Three-bedroom apartment 2.4% 1.9% €900,698 €1,789 €3,036 93.8% 26 days Wealthy families seeking greenery Very narrow tenant pool Limited Appeal

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Key insights about rental yields in Vienna

Insights

  • Favoriten studios at €120,658 are the cheapest entry point in Vienna's mainstream rental market, and they still match Donaustadt one-bedrooms on gross yield at 3.7%, making them one of the most efficient uses of capital in the city right now.
  • The gap between gross and net yield in Vienna is consistently around 0.5 to 0.6 percentage points, which is larger than many beginners expect. Owner costs, including the updated 2026 reserve fund minimum, eat into returns across every district.
  • Studios in Neubau and Wieden rent in just 9 days on average, but their gross yields sit at only 3.0%. You get speed and certainty, but you pay for it in the entry price.
  • Döbling three-bedroom apartments have the highest average purchase price at €900,698, yet they produce the lowest gross yield at 2.4% and take 26 days to rent. It is the clearest example in Vienna of prestige compressing yield.
  • Donaustadt offers something unusual for Vienna: relatively modern stock, a yield above 3.5% on one-bedrooms, and an average time to rent of just 14 days. That combination is hard to find elsewhere in the city.
  • Property size matters a lot in Vienna. Moving from a studio to a two-bedroom in the same neighborhood typically drops gross yield by 0.4 to 0.6 percentage points, because purchase prices rise faster than rents as size increases.
  • Alsergrund studios rent in 9 days and have 98.3% occupancy, driven by proximity to the AKH hospital and the University of Vienna. The demand is structural and unlikely to disappear.
  • The entire Vienna rental market sits in a narrow yield band from 2.4% to 3.7% gross. This is not a high-yield market. What you are really buying is stability, low vacancy, and a city with long-term population growth.
  • Margareten gives a better gross yield than Mariahilf or Neubau while being geographically very close. The difference is mostly in the entry price, not in the rent achievable.
  • Vienna's fastest-leasing studios (Mariahilf, Wieden, Neubau, Alsergrund at 9 days) all sit in central or near-central districts. But none of them offer the best yields. Convenience comes at a cost to the landlord.
  • The legal minimum reserve fund for Vienna condo owners increased again in January 2026. Older buildings often charge above this minimum, which is why net yields in pre-war districts like Alsergrund and Landstraße drop more sharply than in newer-stock areas.

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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 Vienna.

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 Vienna neighborhood and property type, we aggregated the freshest available purchase price and monthly rent data. When possible, we cross-checked multiple sources to confirm the same range.

This allowed us to estimate rental yield before costs. That is the gross yield, based on annual rent divided by purchase price.

We then estimated rental yield after costs. That is the net yield, after recurring ownership and operating expenses specific to Vienna.

These expenses vary significantly by neighborhood in Vienna. That is why two areas with similar rents can still produce different net returns.

For example, pre-war buildings in districts like Alsergrund or Landstraße tend to carry higher reserve fund requirements and maintenance costs than newer-stock buildings in Donaustadt. The January 2026 update to the legal minimum reserve fund contribution in Austria also affects every condo owner, and we have applied that updated floor to all estimates.

We also estimated annual ownership fees by combining the main recurring costs linked to each asset. In Vienna, this includes the building reserve fund contribution, property insurance, admin costs, and a realistic maintenance allowance adjusted for building age and district.

These estimates were not applied as one flat number across all Vienna districts. They were adjusted by neighborhood and property type to better reflect local conditions.

This table should therefore be read as a structured market estimate, not as a 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 Vienna.

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 Vienna, 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
Statistics Austria: Residential rents Q4 2025 Austria's national statistics office, so it's the official benchmark for rent and housing cost data. We used it to anchor Vienna-wide rent levels and understand how the rental contract structure works. We also used it to avoid overstating yields in a city where a large share of housing is regulated or social.
Statistics Austria: Housing costs portal The official methodology page for Austria's housing cost definitions and measurement approach. We used it to confirm exactly what is and isn't included in rent and running cost figures. We also used it to keep our gross-versus-net yield logic consistent throughout the analysis.
Statistics Austria: Residential property prices 2024 An official price-index release from Austria's national statistics office based on actual transactions. We used it to roll district purchase price estimates into a March 2026 view without overstating a price rebound that hasn't fully materialized. We also used it to distinguish between the softer existing-home trend and the firmer new-build segment.
First Vienna Residential Market Report 2025 (BUWOG + EHL) One of Vienna's most established district-by-district residential market reports, produced by two of the city's leading real estate names. We used it as the primary source for district purchase price bands, rent bands, and apartment transaction counts across Vienna. We also used it to identify the most relevant mainstream residential neighborhoods for this analysis.
EHL blog: Vienna residential market direction 2025 EHL is a leading Vienna real estate advisor and this note explains the current market trends behind their full annual report. We used it to confirm the demand overhang in Vienna's rental housing market and the weak new-project pipeline. We also used it to support tighter occupancy assumptions in well-located districts.
Rustler: Real-data analysis of Vienna rents Rustler uses actual signed rental contracts rather than listing ads, which makes the rent figures more grounded in what people actually pay. We used it to calibrate rent differences by apartment size across Vienna. We also used it to keep small-unit rents stronger than large-unit rents on a per-square-metre basis, which is the pattern the signed-contract data supports.
WKO: Minimum reserve fund from 1 January 2026 The Austrian Federal Economic Chamber is the official source for the updated legal minimum building reserve fund contribution that applies to all condo owners in Austria. We used it as the hard floor for owner-side reserve costs in all our net yield estimates. We also used it to build the annual ownership and maintenance fee figures in the table.
City of Vienna: Vienna in Figures 2024 Published directly by the City of Vienna, this is the official summary of the city's key statistics including population and housing. We used it to confirm Vienna's population growth and the structural depth of rental demand. We also used it to support the case that occupancy rates in well-located districts remain consistently high.
Engel & Volkers: Vienna residential market trends A major international brokerage with a dedicated Vienna market report and district-level commentary, useful as a cross-check on premium segments. We used it to verify rent direction and transaction recovery in Vienna's premium districts. We also used it to sanity-check areas like Döbling and Landstraße where yields compress fastest.

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