Student Rents in Athens Soar Amid Housing Shortage

Finding affordable student housing and navigating high rental prices remains a significant challenge for thousands of students and their families across Greece, especially as university admission bases are announced.

The demand for smaller apartments is a dominant trend in the real estate market, making the search for studios or one-bedroom apartments a difficult task. Factors such as the rise of short-term rentals, energy costs, delayed family formations, and an increase in divorces have drastically altered the rental landscape. The limited supply of small properties, particularly in major urban centers like Athens, has made them a scarce commodity.

In Attica, only one in five available rental properties is under 55 square meters, according to data from Chrysi Efkeria (Golden Opportunity). This scarcity intensifies the problem for students seeking accommodation.

The rental market in Athens shows considerable variation by neighborhood. In Zografou, the average price is 11.83 euros per square meter, with a 6.30% annual increase. A 35-square-meter studio averages 420 euros, and a 50-square-meter two-room apartment costs around 590 euros. Central Athens sees the highest average price at 12.58 euros per square meter, marking a 7.30% increase, with studios at 440 euros and two-room apartments at 630 euros. Kallithea averages 11.53 euros per square meter (up 5.70%), Egaleo at 10.90 euros (up 6.90%), and Piraeus at 11.40 euros (up 2.40%).