Find out where it is more expensive and cheaper to rent a house in Portugal – The Economic Journal

Find out where it is more expensive and cheaper to rent a house in Portugal - The Economic Journal


Renting a house in Portugal has an average cost of 4.80 euros per square meter (m2), according to data from the National Statistics Institute (INE), released today, but prices vary greatly from region to region. Of the 197 municipalities for which data are available, 33 show an average value of incomes higher than the national benchmark. This means that in these regions the price per square meter exceeded the level of 4.80 euros.

The INE data show that, without surprises, the Lisbon area was the one that presented the highest income in the second half of 2018: 11.16 euros, on average, per m2. Renting a house in the capital costs up to seven times more than in the cheapest area of ​​the country – Belmonte – where one square meter costs, on average, 1.70 euros.

To complete the podium of the most expensive places to rent house in the country are Cascais and Oeiras, with average prices of 9.71 euros per m2 and 9.38 euros per m2, respectively. Meanwhile, Porto has 63% higher incomes than the rest of the country, with average values ​​of 7.85 euros per square meter, less 3.31 euros than in Lisbon.

See here the values ​​by municipality (values ​​in euros per square meter):

Lisbon – 11,16
Cascais – 9,71
Oeiras – 9,38
Porto – 7.85
Amadora – 7.19
Almada – 7,00
Odivelas – 6,92
Funchal – 6,74
Matosinhos – 6,67
Loures – 6,46
Loulé – 6,42
Albufeira – 6,38
Lagos – 6.35
Castro Marim – 6,24
Sintra – 6.00
Tavira – 5.86
Portimão – 5,63
Faro – 5,52
Alcochete – 5,50
Vila Nova de Gaia – 5,45
Vila Franca de Xira – 5.43
Seixal – 5.38
Coimbra – 5,33
Vila Real de Santo António – 5,32
Évora – 5,31
Maia – 5.26
Mafra – 5.25
Santa Cruz – 5.17
Setúbal – 5,14
Montijo – 5.13
Barreiro – 5,10
Aveiro – 5,10
Vila do Bispo – 4,90
Sesimbra – 4,79
Espinho – 4.75
Silves – 4,72
Lagoa – 4,71
Palmela – 4.67
Sines – 4,66
Gondomar – 4,66
Vila da Praia da Vitória – 4.54
Torres Vedras – 4,49
Olhão – 4,46
Valongo – 4.45
Lagoa – 4,41
Moita 4,40
Ponta Delgada – 4.39
Póvoa de Varzim – 4,38
Braga – 4.35
Azambuja – 4.26
Ílhavo – 4.22
Alenquer – 4,20
Machico – 4.19
Arruda dos Vinhos – 4,19
Leiria – 4,19
Vila do Conde – 4,17
Grândola – 4.16
São Brás de Alportel – 4,11
Beja – 4,09
Figueira da Foz – 4.08
Viana do Castelo – 4,00
Esposende – 4,00
Odemira – 4,00
Peniche – 3.97
Candles – 3,95
Caldas da Rainha – 3,91
Ovar – 3.89
Santiago do Cacém – 3.83
Benavente – 3.78
Óbidos – 3.75
São João da Madeira – 3,73
Caminha – 3,72
Sobral de Monte Agraço – 3.69
Coruche – 3,68
Lourinhã – 3,67
Trofa – 3,66
Viseu – 3.65
Nazareth – 3,63
Murtosa – 3.61
Guimarães – 3,57
Vila Nova de Famalicão – 3.57
Marinha Grande – 3,57
Arouca – 3,56
Salvaterra de Magos – 3,55
Montemor-o-Novo – 3,55
Vendas Novas – 3,55
Barcelos – 3.54
Câmara de Lobos – 3,54
Santa Maria da Feira – 3,53
Vila Real – 3.53
Ourém – 3,52
Santarem – 3.48
Estarreja – 3,46
Alcobaça – 3.44
Tomar – 3.42
Peso da Régua – 3.40
Torres Novas – 3,37
Albergaria-a-Velha – 3.35
Almodôvar – 3.33
Almeirim – 3.33
Ponte de Sor – 3.33
Pombal – 3.32
Angra do Heroísmo – 3,29
Cartaxo – 3.28
Condeixa-a-Nova – 3,28
Ribeira Grande – 3.26
Tondela – 3.25
Reguengos de Monsaraz – 3,23
Walls – 3,21
Entroncamento – 3,21
Águeda – 3.17
Vagos – 3.17
Ponte de Lima – 3.16
Vale de Cambra – 3.16
Keys – 3,16
Santo Tirso – 3,15
São Pedro do Sul – 3,15
Valencia – 3,14
Castelo Branco – 3.14
Cadaval – 3.13
Golegã – 3.12
Elvas – 3.12
Montemor-o-Velho – 3.12
Vila Nova da Barquinha – 3,12
Alcácer do Sal – 3,11
Oliveira do Bairro – 3,10
Bombarral – 3.09
Cantanhede – 3.09
Moura – 3.06
Rio Maior – 3.04
Vila Nova de Cerveira – 3.02
Arcos de Valdevez – 3.01
Oliveira de Frades – 3,01
Arraiolos – 3,00
Oliveira de Azeméis – 3,00
Covilhã – 3,00
Anadia – 2,99
Cabeceiras de Basto – 2,94
Penafiel – 2,94
Mealhada – 2.92
Fundão – 2.92
Guarda – 2,90
Estremoz – 2.89
Battle – 2,88
Vila Viçosa – 2,86
Melgaço – 2.85
Horta – 2.84
Paços de Ferreira – 2.83
Monção – 2,82
Abrantes – 2,82
Alcanena – 2.82
Porto de Mós – 2.80
Vila Verde 2,79
Portalegre 2,79
Amarante – 2,78
Miranda do Corvo – 2,78
Table – 2.77
Vizela – 2.75
Ansião – 2.75
Carregal do Sal – 2.73
Mira – 2.72
Vidigueira – 2,68
Mangualde – 2.67
Paredes de Coura – 2,66
Lousã – 2,66
Soure – 2,66
Santa Comba Dão – 2,66
Fafe – 2.63
Campo Maior – 2.63
Borba – 2,60
Cinfães – 2,60
Sever do Vouga – 2,60
Marco de Canaveses – 2,58
Ponte da Barca – 2,56
Sertã – 2.54
Seia – 2.53
Vila Nova de Poiares – 2.52
Baião – 2,51
Mirandela – 2.50
Felgueiras – 2.49
Bragança – 2,49
Lousada – 2.48
Amares – 2.47
In them – 2,45
Póvoa de Lanhoso – 2,40
Gouveia – 2.39
Arganil – 2.37
Mortágua – 2.36
Oliveira do Hospital – 2,34
Valpaços – 2.28
Macedo de Cavaleiros – 2.22
Moimenta da Beira – 2.05
Celorico de Basto – 2.04
Lamego – 1,99
Sátão – 1,93
Vila Nova de Foz Côa – 1.78
Belmonte – 1,70



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