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House rents rise 5.9% in January

House rents per square meter increased by 5.9% in January compared to the same month in 2023, accelerating from 5.1% in the previous month and with all regions showing year-on-year increases, INE announced today.

According to the National Statistics Institute (INE), in January “all regions showed positive year-on-year variations in housing rents, with the North and Lisbon recording the most intense increase (6.1%)”.

In monthly terms, the average value of housing rents per square meter rose by 1.4% (0.3% in the previous month).

The regions with the highest positive monthly variation were the North and the Algarve (1.5%), with no region showing a negative variation in their average housing rents.

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