HousingAnywhere Rent Gap Monitor Q4 2024

Rotterdam, February 13 2025 - HousingAnywhere, a European mid-term rental platform, shares the key findings of its Q4 2024 Rent Gap Monitor, analyzing the disparity between rental prices and tenant’s expectations across 28 European cities. This analysis provides insights into apartment rental prices listed on HousingAnywhere and how users adjust the price filter when searching for accommodation.

The final monitor of the year reveals a significant trend: tenants have consistently adjusted their rental expectations to align more closely with the evolving market throughout 2024. While Q3 witnessed a substantial 19.1% year-over-year increase in the maximum rent price set by tenants when browsing, this upward trend moderated to 9.3% in Q4.

In 2024, rent price increases showed signs of stabilization. While rents continued to rise throughout the year, the average annual increase remained within a narrow range of 3.6% to 4.2%, a significant contrast to the double-digit increases observed in 2022 following the lifting of COVID-19 restrictions. This combination of tenant adjustments and stabilizing rent prices has contributed to a narrowing of the gap between actual rent prices and tenant expectations compared to last year.

“The gap between what tenants expect to pay and actual market prices has decreased only slightly," stated Djordy Seelmann, CEO of HousingAnywhere. "We ended 2023 with a gap of €273 and started 2024 with a gap of €248. Since then, no substantial development has been seen throughout the year, as we closed 2024 with just a few euros of difference, at €233. We have seen regulatory developments and financial efforts by tenants across Europe, but to successfully tackle the housing crisis, a significant increase in housing supply is needed to ease market pressure."

Out of all 28 cities included in the analysis, Stuttgart exhibited the largest gap, with tenants setting their maximum price filter at €1,100 while the median rent price for a furnished apartment reached €1,890. Other cities with significant gaps include The Hague (€408) and Valencia (€465).

Madrid (€216) and several German cities (Berlin, Cologne, Hamburg), as well as Rotterdam (all at €250), exhibited rent gaps close to the European median. Conversely, Porto and Utrecht showed no gap. In Porto, where rent prices decreased by 4.3% annually, tenants set their maximum price filter slightly higher than the median rent price. In Utrecht, tenant expectations closely mirrored the actual median rent price.

About HousingAnywhere

HousingAnywhere is Europe’s largest mid-term rental platform. With Kamernet and Studapart under its umbrella, it represents three fast-growing brands with over 30 million yearly unique visitors combined, 160,000+ properties available for rent and 100,000+ tenants securing their new homes, based on the 2023 performance. HousingAnywhere serves young professionals and students, primarily aged between 18 and 35, connecting them with accommodation providers. Through its advanced technology platform, tenants rent accommodation for 6 to 12 months outside of their country of origin. Headquartered in Rotterdam, HousingAnywhere operates in most European cities and recently expanded to key cities in the US, establishing a presence in over 125 cities. Driven by the mission to enable people to live wherever and however they choose thanks to a flexible renting experience, the technology scale-up employs 250 professionals globally.

About the HousingAnywhere Q4 2024 International Rent Index by City

The Q4 2024 International Rent Index analyzed the trend in rental prices in 28 cities in Europe. The report focuses primarily on furnished rentals. Read the full Rent Index here.

About the HousingAnywhere Q4 2024 Rent Gap Monitor

The HousingAnywhere Rent Gap Monitor compares the median rent price of the apartments advertised on HousingAnywhere (as reported by its International Rent Index) with the median maximum price set by users when filtering during their rental search on the platform. For the Q4 2024 edition of the Rent Gap Monitor, HousingAnywhere analyzed 3.8 million searches carried out by over 356,600 users seeking accommodation in 28 European cities during the fourth quarters of 2024 and 2023. These are the cities analyzed: Amsterdam, AthensBarcelona, Berlin, Bologna, Brussels, Budapest, Cologne, Düsseldorf, Florence, Frankfurt am Main, Hamburg, Helsinki, Lisbon, Madrid, Milan, Munich, Paris, Porto, Prague, Rome, Rotterdam, Stuttgart, The Hague, Turin, Utrecht, Valencia, Vienna.

Press Contact

For more information, please contact press@housinganywhere.com. For more press releases, go to the press page.