Home rentals are getting more and more expensive. Luckily, Europe has some great cities that have affordable prices. These places are perfect for remote workers and retirees and give you the unique opportunity to immerse yourself in different cultures. Here are a few places to consider.
The Most Affordable European Cities
If you’re considering a long-term rental, there are four markets you should focus on – Stockholm, Vienna, Helsinki, and Lisbon. One vacation management company has determined the average rent per square meter and listed the most expensive and cheapest places.
Lisbon sits at the top of the list thanks to its $21 per square meter. In addition, Portugal is also considered the best country to retire. The capital can offer much more affordable rentals than other Western European cities. Lisbon has a warm climate, beautiful beaches, local culture, and great food. It’s a popular option among remote workers, especially those in tech and startups.
Choose Helsinki for a Happy Life
Finland was named the happiest country in the world, so it’s not particularly surprising that its capital, Helsinki, is the second most affordable city. According to the research, you’ll have to spend around $911 monthly for a 466-square-foot apartment.
In September, if you don’t insist on living in the city center, you can even find more affordable rentals in the neighborhoods of Alpilla and Kallio. Over there, you can come across a similar property for about $1,176 and a studio for $961.
Vienna and Stockholm
Vienna and Stockholm are also among the affordable European destinations. The average rent prices per square meter in both cities are similar at around $22.50. However, keep in mind that the apartments in Vienna are much smaller ($862 for 413 square feet) than those in the Swedish capital ($1,124 for 539 square feet).
If you’re curious about the priciest markets for rent, New York and San Francisco take the lead with sky-high rates at $3,325 and $2,987. London is third with $2,208, followed by Boston, Washington DC, Miami, and Los Angeles.