Porto
Portugal · Rent Prices · Updated 15 March 2026
Median Rent/m²€12.58#6 of 7
Room—
Studio—
1 Bedroom—
2 Bedroom—
3 Bedroom—
YoY Change—
Eurostat Rent/m2€0.92#9 of 31
Eurostat Rent Year—
Period—
House Price Index—
Porto ranks among the most expensive of 7 European cities for Median Rent/m².
Porto remains one of the most affordable rental markets among the major European cities we track. While prices have risen, they’re still 25-35% below Lisbon for comparable apartments.
Rental landscape
A studio in central Porto runs €550-850/month; a 1-bedroom apartment costs €750-1,100/month. Outside the center, prices can be 30-40% lower. Deposit requirements are similar to Lisbon (2 months + first month).
Where to look
- Idealista — Best selection of listings
- Imovirtual — Portuguese portal with good Porto coverage
- Uniplaces — Popular with students and short-term tenants
- Local agencies — Walking neighborhoods and checking “Aluga-se” signs still works in Porto
Tips for renters
- Porto’s university population means September is the most competitive month for rentals — start searching early
- Northern Portugal is cooler and wetter than Lisbon; prioritize apartments with good heating and insulation
- The Andante transit card makes outer neighborhoods practical — don’t limit your search to the center
| Country | Median Rent/m²per m² | Eurostat Rent/m2per m2/mo | Eurostat Rent Year |
|---|---|---|---|
| Portugal | €12.58 | — | — |
| Portugal | — | €0.92 | 2024 |