The average rent in Luxembourg is €1,385
Like property prices for saleIn Luxembourg, rents are not declining in the face of increasing demand.
How much should you expect to pay for renting accommodation in Luxembourg today? Find out the average rental prices by type of accommodation.
Flat rents
In March 2018, it costs €1,385 to rent a flat in Luxembourg (average rent calculated on posted prices, all surfaces included).
This price is rather stable over the last few years, but small areas are still experiencing an increase in their average rent: +5% for studios, and +4% for one-bedroom flats over the last 12 months.
Average rents by type of flat:
Studio | 935 € |
1 bedroom | 1 226 € |
2 bedrooms | 1 527 € |
3 bedrooms | 2 007 € |
4 rooms and more | 2 661 € |
AVERAGE RENT | 1 385 € |
House rents
The average rent for a house in Luxembourg (all areas combined) was €2,498 in March 2018, which is 6% higher than a year ago (posted prices).
This increase is particularly driven by the so-called "small surface" houses with 2 bedrooms, which have seen an increase of 9% over this period. This category of property is quite rare in the market offer (only 10% of ads on atHome.lu in this category), which may explain this price increase.
Average rents by type of house:
2 bedrooms | 1 440 € |
3 bedrooms | 2 034 € |
4 bedrooms | 2 561 € |
5 rooms | 3 243 € |
6 rooms and more | 3 657 € |
AVERAGE RENT | 2 498 € |
A significant offer in the centre
In Luxembourg, more than half of the rental properties are located in the centre of the country. On atHome.lu, 59 % of the rental ads are indeed located in the Centre region!
Most of these are flats that are offered for rent. It represents 90% of the housing for rent in this region.
This substantial supply meets a strong demand for this type of housing. In Luxembourg City in particular, this has the effect of pushing up rental prices, well above the national average.
Source Price statistics published in atHome Magazine April 2018
What are the property prices at the moment?
Written by
atHome
Posted on
23 April 2018