The latest figures from housing platform Pararius show that the average national rental price of homes in the free sector has fallen by 2.4 percent. The average price per square meter now stands at €16.34 per month. The average rent has fallen less sharply compared to the fourth quarter of 2020, when the decline was 3.7 percent
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In the first quarter of 2021, the average price per square meter for a furnished house was €18.23 per month in the free sector. That a difference of -6.7 percent from a year earlier. The price of unfurnished housing fell 3.2 percent last quarter to €15.48 per square meter per month. The average rental price of a bare rental home rose 2 percent last quarter to €12.42 per square meter per month.
Developments in the five major cities
Pararius' figures show that for the first time in all five major cities there has been a drop in prices. In the first quarter of 2021, the average rent in Utrecht fell by 0.7% to €17.78 per square meter per month. In Amsterdam, the average rent dropped by 7.4% to €21.76 per square meter per month. In The Hague, the average rent dropped 3.5% to €15.95 per square meter per month. In Eindhoven, the average rent dropped 2.4% to €14.08 per square meter per month. In Rotterdam, the average rent decreased by 7.8% compared to Q1 2020 to an average square meter price of €15.20 per month.
Developments in other cities
Other cities present a mixed picture. In many cities, rents fell last quarter with percentages between 11.5% for rental properties in Alkmaar and 4.4% for rental properties in Schiedam. There are also cities where the average square meter price rose. These include Amersfoort (+17.2%), Apeldoorn (+5%), Bergen op Zoom (+5.9%), Enschede (+6.6%) and Leeuwarden (+7.2%) Deventer (+3.5%), Groningen (+4%) and Tilburg (+3.1%).
Rent Advice
Do you want to (temporarily) rent out your house or do you have an investment in mind and are you curious about a realistic rental price? City Estate is the specialist in letting and managing residential properties. We give you free and non-committal rent advice. This advice is based on our experience and the current market conditions. This allows you to know in advance what a market-level rent is. Request rent advice without any obligation.
Source: Pararius.com