Despite the fact that there is still a huge shortage of housing, rents in the free sector did not increase dramatically in the second half of 2019. The average square meter price has risen slightly to €11.92.
Vastgoed Management Nederland (VGM NL) and the NVM have conducted a market report showing these figures. We have listed the most important national developments for the second half of 2019 below.
- Moderate price development of +4.5% per sq. ft. on mutation
- Rents rise less sharply than in previous periods
- Apartment rents are rising slightly faster than residential rents
- The price increase of unfurnished and furnished rental properties remained stable at +4.9%
Price per square meter increased slightly
The average square meter price rose slightly to €11.92 per square meter. The lack of supply of rental housing under €1,000 per month is striking. Especially in the big cities, there is little supply and flow in this price range. This will therefore mean for many families that they will move to surrounding municipalities, according to VGM NL and the NVM.
Average rent
The average rent in the Netherlands over the past six months was €1,095 per month. However, regional differences strongly affect the average rent. For example, the average rent per m² in Amsterdam was €20.73 while in Almere it was €10.51, a difference of almost 50%.
Source: NVM market report 'Transparency in the rental market '