Authored by the expert who managed and guided the team behind the Austria Property Pack

Yes, the analysis of Vienna's property market is included in our pack
If you're looking to rent or invest in Vienna, you need to know what rents actually look like right now.
This article gives you a complete picture of rental prices in Vienna as of the first half of 2026, and we update it regularly.
We cover everything from studios to family-sized units, plus the neighborhoods where landlords get the best returns.
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 Vienna.
Insights
- Vienna has two rental markets: the private asking market averages €22 per square meter, while overall "paid rent" sits near €10 per square meter thanks to massive social housing stock.
- Studios in Vienna command the highest price per square meter, meaning smaller units are not always the cheapest option for budget-conscious tenants.
- Asking rents grew roughly 5% from 2025 to early 2026, but "paid rents" rose slower because many contracts have inflation indexation with built-in lags.
- About three-quarters of Vienna's main residences are rentals, making it one of Europe's most renter-dominated capitals.
- The 7th district (Neubau) and 2nd district (Leopoldstadt) are magnets for young professionals, combining transit, nightlife, and central location.
- Family-sized apartments near U-Bahn stations are scarce, and competition for 2-3 bedroom units in green districts like Hietzing and Döbling is fierce.
- Rental demand peaks sharply in September-October, driven by the winter semester start at the University of Vienna.
- Vienna's private rental vacancy rate sits around 1.5%, explaining why well-priced apartments often rent within two weeks.
- Properties with U-Bahn proximity, elevator, and balcony can command rent premiums of 10% to 20% over comparable units.
- Landlords can pass property tax (Grundsteuer) to tenants as operating costs, but it's typically modest at €120 to €360 per year.

What are typical rents in Vienna as of 2026?
What's the average monthly rent for a studio in Vienna as of 2026?
As of early 2026, the average monthly rent for a studio in Vienna is around €800 gross (approximately $865 USD), including building running costs.
Most Vienna studios fall within €650 to €950 per month ($700 to $1,025 USD), depending on location and condition.
Key factors pushing studio rents higher or lower include U-Bahn proximity, the district (inner areas like the 1st or 7th cost more), building age, and whether it has an elevator or balcony.
What's the average monthly rent for a 1-bedroom in Vienna as of 2026?
As of early 2026, the average monthly rent for a 1-bedroom in Vienna is around €1,150 gross (approximately $1,240 USD), including typical operating costs.
Most 1-bedroom apartments rent between €900 and €1,400 per month ($970 to $1,510 USD), depending on location and quality.
For cheaper 1-bedrooms, look at outer districts like the 10th (Favoriten) or 21st (Floridsdorf); the most expensive are in central areas like the 1st (Innere Stadt), 7th (Neubau), and 9th (Alsergrund).
What's the average monthly rent for a 2-bedroom in Vienna as of 2026?
As of early 2026, the average monthly rent for a 2-bedroom in Vienna is around €1,650 gross (approximately $1,780 USD), with operating costs included.
Most 2-bedroom apartments rent between €1,300 and €2,000 per month ($1,400 to $2,160 USD), though premium locations push prices higher.
Cheaper 2-bedrooms are found in the 10th (Favoriten), 11th (Simmering), and 21st (Floridsdorf); the most expensive are in the 1st (Innere Stadt), 13th (Hietzing), and 19th (Döbling).
By the way, you will find much more detailed rent ranges in our property pack covering the real estate market in Vienna.
What's the average rent per square meter in Vienna as of 2026?
As of early 2026, the average asking rent per square meter in Vienna is around €22 gross ($24 USD), though the overall "paid rent" average is closer to €10 per square meter due to Vienna's large social housing sector.
Rent per square meter ranges from €12 to €30 ($13 to $32 USD), with inner districts and new-builds at the top and outer districts or regulated stock at the bottom.
Compared to Graz, Linz, or Salzburg, Vienna's asking rents per square meter are significantly higher, reflecting stronger demand and tighter supply.
Features pushing rent above average include U-Bahn proximity, new construction, top-floor terraces, and elevators in historic Altbau buildings.
How much have rents changed year-over-year in Vienna in 2026?
As of early 2026, asking rents in Vienna have increased approximately 5% compared to last year, continuing the upward pressure seen throughout 2025.
Main drivers include structural housing undersupply, continued population growth, and inflation-linked rent adjustments in many existing contracts.
This year's growth is slightly slower than 2023-2024, when energy-driven inflation and catch-up indexation pushed rents up more aggressively.
What's the outlook for rent growth in Vienna in 2026?
As of early 2026, asking rents in Vienna are projected to grow 3% to 6%, while "paid rents" should rise a more modest 2% to 4%.
Key factors include continued housing undersupply, steady population growth, inflation-indexed lease adjustments, and the pace of new construction completions.
Districts like the 2nd (Leopoldstadt), 10th (Favoriten) near Hauptbahnhof, and 22nd (Donaustadt) around Seestadt Aspern should see strong growth due to infrastructure improvements.
Risks include a sharper economic slowdown, changes to rent regulation policies, or a surprise increase in housing completions.
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Which neighborhoods rent best in Vienna as of 2026?
Which neighborhoods have the highest rents in Vienna as of 2026?
As of early 2026, the three Vienna districts with highest rents are the 1st (Innere Stadt) at around €28/m² ($30 USD), the 19th (Döbling) at around €24/m² ($26 USD), and the 13th (Hietzing) at around €23/m² ($25 USD).
These districts command premiums because they offer prestige, green space, excellent transit, and proximity to international schools or embassy clusters.
Typical tenants include senior professionals, diplomats, executives on corporate packages, and affluent families seeking top-tier schools.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Vienna.
Where do young professionals prefer to rent in Vienna right now?
The top three neighborhoods for young professionals in Vienna are the 7th district (Neubau), 6th district (Mariahilf), and 2nd district (Leopoldstadt).
Young professionals typically pay €950 to €1,400 per month ($1,025 to $1,510 USD) for a 1-bedroom, depending on location and building quality.
These neighborhoods attract them with excellent U-Bahn connections, walkable streets with cafes and nightlife, and vibrant urban atmosphere without 1st district premiums.
By the way, you will find a detailed tenant analysis in our property pack covering the real estate market in Vienna.
Where do families prefer to rent in Vienna right now?
The top three neighborhoods for families in Vienna are the 13th district (Hietzing), 19th district (Döbling), and 22nd district (Donaustadt, especially Seestadt Aspern).
Families typically pay €1,500 to €2,200 per month ($1,620 to $2,375 USD) for a 2-3 bedroom apartment.
These districts attract families with green spaces, parks, larger apartments, quieter streets, and good access to public and international schools.
Top-rated schools nearby include Vienna International School (22nd), American International School (19th), and well-regarded public Gymnasiums in Hietzing and Döbling.
Which areas near transit or universities rent faster in Vienna in 2026?
As of early 2026, the fastest-renting areas near transit or universities are the 9th district (Alsergrund) near the University of Vienna medical campus, 2nd district (Leopoldstadt) near WU Vienna, and 10th district (Favoriten) around Hauptbahnhof.
In these high-demand areas, well-priced apartments stay listed just 10 to 14 days, compared to the city-wide average of 20 days.
Properties within walking distance of U-Bahn or university campuses command a premium of €100 to €200 per month ($108 to $216 USD) over similar units further away.
Which neighborhoods are most popular with expats in Vienna right now?
The top three neighborhoods for expats in Vienna are the 1st district (Innere Stadt), 3rd district (Landstraße), and 19th district (Döbling).
Expats typically pay €1,200 to €2,500 per month ($1,295 to $2,700 USD), depending on size and whether furnished.
These districts attract expats with proximity to embassies, international organizations, English-speaking services, international schools, and more furnished options.
The most represented expat communities include Germans, Americans, British, other EU professionals, and diplomats or UN agency employees.
And if you are also an expat, you may want to read our exhaustive guide for expats in Vienna.
Get to know the market before buying a property in Vienna
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Who rents, and what do tenants want in Vienna right now?
What tenant profiles dominate rentals in Vienna?
The three tenant profiles dominating Vienna's rental market are students and early-career singles, couples without children, and international professionals or expats.
Students and young singles make up roughly 35% of private tenants, couples without children about 30%, and international professionals around 20%, with families and retirees filling the remainder.
Students seek studios or 1-bedrooms near transit, couples look for 1-2 bedroom units in well-connected neighborhoods, and expats prioritize furnished apartments or newer builds in central districts.
If you want to optimize your cashflow, you can read our complete guide on how to buy and rent out in Vienna.
Do tenants prefer furnished or unfurnished in Vienna?
In Vienna, roughly 75% to 80% of long-term tenants prefer unfurnished apartments, while furnished rentals are sought by the remaining 20% to 25%, mainly students, expats, and temporary residents.
Furnished apartments command a premium of €150 to €350 per month ($160 to $380 USD) over equivalent unfurnished units.
Tenant profiles preferring furnished include corporate relocatees on short-term assignments, international students, and expats wanting a turnkey solution.
Which amenities increase rent the most in Vienna?
The top five rent-boosting amenities in Vienna are U-Bahn proximity, elevator (especially in Altbau), balcony or terrace, new-build quality, and air conditioning.
U-Bahn proximity adds €50 to €150/month ($54-$162 USD), elevator €50 to €100/month ($54-$108 USD), balcony €75 to €150/month ($81-$162 USD), new-build quality €100 to €200/month ($108-$216 USD), and air conditioning €50 to €100/month ($54-$108 USD).
In our property pack covering the real estate market in Vienna, we cover what are the best investments a landlord can make.
What renovations get the best ROI for rentals in Vienna?
The top five ROI renovations in Vienna are bathroom modernization, kitchen upgrades, window replacement, balcony improvements, and layout optimization to create an extra room.
Bathroom refresh costs €3,000-€8,000 ($3,240-$8,640 USD) and adds €50-€100/month; kitchen upgrade costs €4,000-€12,000 ($4,320-$12,960 USD) and adds €50-€150/month; windows cost €5,000-€15,000 ($5,400-$16,200 USD) and add €30-€80/month; balcony improvements cost €2,000-€6,000 ($2,160-$6,480 USD) and add €50-€100/month; layout changes cost €3,000-€10,000 ($3,240-$10,800 USD) and can add €100-€200/month.
Poor ROI renovations include high-end luxury finishes exceeding neighborhood standards, overly personalized designs, and major structural work that does not add rentable space.
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How strong is rental demand in Vienna as of 2026?
What's the vacancy rate for rentals in Vienna as of 2026?
As of early 2026, the estimated vacancy rate for private rentals in Vienna is around 1.5%, reflecting a tight market where available units are quickly absorbed.
Vacancy ranges from under 1% in high-demand inner districts like Neubau and Alsergrund to 2%-3% in outer districts with newer construction like Donaustadt.
Vienna's current vacancy rate is well below the historical average of 2%-3%, underscoring structural undersupply in recent years.
Finally please note that you will have all the indicators you need in our property pack covering the real estate market in Vienna.
How many days do rentals stay listed in Vienna as of 2026?
As of early 2026, the average rental in Vienna stays listed around 20 days, though well-priced units in popular areas often rent within 10-14 days.
Days on market range from 7-10 days for studios and 1-bedrooms near U-Bahn to 45+ days for overpriced or poorly located units.
Compared to one year ago, days on market have remained stable or slightly decreased, reflecting continued strong demand and limited new supply.
Which months have peak tenant demand in Vienna?
Peak demand months in Vienna are September-October (winter semester start) and February-March (summer semester start and post-holiday relocations).
Main drivers include the academic calendar at the University of Vienna and other institutions, bringing waves of students at each semester start.
Lowest demand months are December-January (holiday slowdown) and July-August (summer break), when fewer people actively search for rentals.
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What will my monthly costs be in Vienna as of 2026?
What property taxes should landlords expect in Vienna as of 2026?
As of early 2026, landlords in Vienna should expect property tax (Grundsteuer) of approximately €120 to €360 per year ($130 to $390 USD), or roughly €10-€30 per month per unit.
The range depends on assessed unit value (Einheitswert) and building allocation, with larger or more valuable properties at the higher end.
Grundsteuer is calculated by applying a municipal multiplier to the federal base rate; landlords can typically pass this cost to tenants as part of operating costs (Betriebskosten).
Please note that, in our property pack covering the real estate market in Vienna, we cover what exemptions or deductions may be available to reduce property taxes for landlords.
What maintenance budget per year is realistic in Vienna right now?
A realistic annual maintenance budget for Vienna rentals is €25-€45 per square meter ($27-$49 USD), or roughly €1,500-€2,700 per year ($1,620-$2,920 USD) for a typical 60m² apartment.
This covers routine repairs, minor wear-and-tear, and reserves for larger expenses, with older Altbau buildings requiring budgets at the higher end.
Landlords who underfund maintenance risk tenant turnover and longer vacancies, so set aside at least €2-€4 per square meter monthly as a baseline.
What utilities do landlords often pay in Vienna right now?
In Vienna, landlords commonly pay (and pass through) building operating costs (Betriebskosten), including maintenance, garbage collection, stairwell cleaning, and sometimes district heating charges.
These costs typically run €2-€4 per square meter monthly ($2.15-$4.30 USD), so for a 60m² apartment, expect roughly €120-€240 per month ($130-$260 USD).
Common practice is for tenants to pay electricity directly, while heating and hot water are either included in operating costs or billed separately depending on the system.
How is rental income taxed in Vienna as of 2026?
As of early 2026, rental income in Vienna is taxed as "income from rentals and leasing" under Austria's progressive income tax system, with rates from 0% to 55% depending on total taxable income.
Main deductions include building depreciation (AfA, typically 1.5% of building portion annually), loan interest, maintenance costs, property management fees, and other rental-related expenses.
A common Vienna-specific mistake is failing to correctly separate building from land portions when calculating depreciation, which can cause over- or under-claiming AfA.
We cover these mistakes, among others, in our list of risks and pitfalls people face when buying property in Vienna.

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 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 Vienna, 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.
| Source | Why it's authoritative | How we used it |
|---|---|---|
| Statistik Austria (Microcensus) | Austria's official statistics agency using nationally representative surveys. | We used it to anchor "paid rent" levels and understand rent variation by size. We also used its quarterly data as a reality-check. |
| Statistik Austria (CPI/HICP) | The official inflation framework used for many Austrian rent contracts. | We used it to explain why rents move with inflation and to frame the 2026 inflation environment. |
| OeNB (Austrian National Bank) | Austria's central bank with authoritative macro forecasts. | We used it to ground the 2026 inflation environment and rent-growth outlook context. |
| ECB Data Portal / Eurostat | Official EU framework for comparable rent inflation measurement. | We used it to cross-check Austria's rent inflation against broader EU trends. |
| Austrian Ministry of Finance (Rentals) | Primary government source for rental income taxation. | We used it to explain taxation, depreciation, and deductibles for landlords. |
| Austrian Ministry of Finance (Grundsteuer) | Federal authority on property tax mechanics. | We used it to explain Grundsteuer calculation and pass-through to tenants. |
| City of Vienna (wien.gv.at) | Vienna's official administration guidance for local property tax. | We used it to make our property-tax section Vienna-specific. |
| USP.gv.at (Business Portal) | Official Austrian portal consolidating tax rules clearly. | We used it as a second check on Grundsteuer and to keep explanations accessible. |
| Austrian Energy Agency (EPI) | Nationally recognized energy institution tied to official CPI data. | We used it to explain utility cost volatility and inform budgeting guidance. |
| E-Control (Energy Regulator) | Austria's energy regulator with cleanest household price references. | We used it to put credible per-kWh ranges behind utility estimates. |
| EHL Vienna Residential Market Report | Long-running Vienna-focused report from established brokerage/research team. | We used it for tenure mix, demand drivers, and tenant preference insights. |
| CBRE Austria Wohnungsmarktbericht 2025 | Major global consultancy with transparent methodology. | We used it to support the tight-market narrative and triangulate against EHL. |
| Immobilienpreisspiegel 2025 | Widely used Austrian industry benchmark published annually. | We used it to rank districts by rent and cross-check against listing portals. |
| ImmobilienScout24 Austria | Major property portal with methodology-based large-sample analyses. | We used it to estimate asking rents and recent growth, separated from paid-rent data. |
| University of Vienna | Official source for semester timing at Vienna's largest university. | We used it to explain demand peaks around semester starts. |
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