Rents for listed apartments in Austria continued to rise in the first quarter of 2025. According to a new data analysis by real-estate platform ImmoScout24, asking prices increased on average by 4 percent to €14.90 per square meter. As a result, gross rents climbed above €20/m² for the first time in Tyrol, Vienna, and Salzburg.
Housing was most expensive in Tyrol in Q1, at an average of €20.74/m²—up 5 percent year-on-year. In Vienna the rate was €20.42/m² (plus 9 percent), followed by Salzburg at €20.25/m², which posted the highest increase of 13 percent. Rents in Vorarlberg also remained well above the national average at €19.05/m².
By contrast, Upper Austria (€12.01/m²), Styria (€12.41/m²), and Lower Austria (€12.44/m²) remained comparatively affordable. Carinthia’s average was €13.80/m², and Burgenland’s €13.06/m².
While interest in home ownership is rising slightly, demand for rentals has dipped marginally, ImmoScout24 reports. Yet the supply of available apartments remains tight. “Searchers on the rental market still face fierce competition because demand continues to outstrip the limited supply,” says Markus Dejmek, CEO of ImmoScout24 Austria.
The analysis covers some 117,000 apartment listings from Q1 of 2023 through 2025. It is based on gross rents (net rent plus operating costs, excluding heating and electricity) and uses the median as its statistical measure.
