Rental prices rise in Romanian university cities ahead of new academic year

Interest in rental housing is surging in Romania as the new academic year approaches, with noticeable price increases in several cities compared to the previous year.

Romanians are actively seeking rental properties, evidenced by a 45% rise in inquiries for available apartments and a 32% increase in ad views. Compared to the same period last year, apartment inquiries are up 10%, and rental ad views have increased by 12%, indicating a more dynamic rental market ahead of the typical demand surge associated with the start of the university year.

The average rent for one- to three-room apartments across ten analyzed cities reached 536 euros. However, this average masks significant variations. Cluj-Napoca and Bucharest recorded the highest average rents at 599 euros and 593 euros, respectively. Arad had the lowest average rent at 350 euros.

Within Bucharest, rental prices differ substantially by sector. The average rent for apartments was approximately 593 euros, a 2% increase from last year. Studio apartment rents ranged from 390 euros in Sector 2 to 450 euros in Sector 1. Sector 5 saw the most significant annual percentage increase for studios, reaching an average of 400 euros, up 14% from last year. Two-room apartments averaged between 500 euros in Sector 4 and 650 euros in Sectors 1 and 2, with Sector 2 experiencing an 8% annual increase.