Lisbon

Portugal · Rent Prices · Updated 15 March 2026

Median Rent/m²€15.93#7 of 7
Room
Studio
1 Bedroom
2 Bedroom
3 Bedroom
YoY Change
Eurostat Rent/m2€1.17#15 of 31
Eurostat Rent Year
Period
House Price Index

Lisbon ranks among the most expensive of 7 European cities for Median Rent/m².

Lisbon’s rental market has tightened significantly since 2019, with average rents rising 40-60% in central areas. Competition is strong, especially for furnished apartments popular with digital nomads and expats.

Rental landscape

Expect to pay €800-1,200/month for a studio and €1,200-1,800/month for a 1-bedroom in central Lisbon. Prices drop 20-30% outside the center. Most landlords require 2 months’ deposit plus the first month upfront.

Where to look

  • Idealista — Largest Portuguese rental portal, most listings
  • OLX Portugal — Local classifieds, sometimes better deals
  • Spotahome — Verified listings for mid-term rentals, popular with expats
  • Facebook groups — “Rooms/Apartments in Lisbon” and “Expats in Lisbon” groups are active

Tips for renters

  • Contracts in Portugal are typically 1 year minimum; shorter stays are considered temporary and carry higher rates
  • The Novo Regime do Arrendamento Urbano (NRAU) protects tenants — landlords cannot raise rent beyond the annual government-set coefficient
  • Utility costs (water, electricity, gas, internet) typically add €100-150/month to rent
CountryMedian Rent/m²per m²Eurostat Rent/m2per m2/moEurostat Rent Year
Portugal€15.93
Portugal€1.172024