According to the idealista price index, renting a house cost of 10.9 euros per square metre (euros/m2) at the end of February, taking into account the median value. In relation to the quarterly change, the rise was 1.8%.

Where did prices fall and rise?

During the month of February, house prices for rent fell in three regions. Leading the decline is the Algarve (-1.5%), followed by Alentejo (-1.1%) and the Autonomous Region of Madeira (-0.4%). On the other hand, prices rose in the Autonomous Region of the Azores (1.6%), Lisbon Metropolitan Area (1.4%), Centre (1.1%) and North (0.5%).

The Lisbon Metropolitan Area, with 12.6 euros/m2, continues to be the most expensive region for residential rentals, followed by the Algarve (9.8 euros/m2), the North (9.4 euros/m2) and the Autonomous Region from Madeira (9.2 euros/m2). On the opposite side of the table are the Centre (6.6 euros/m2), Alentejo (7.1 euros/m2) and the Autonomous Region of the Azores (7.2 euros/m2) e) which are the most cheap to rent a house.