By Priyanka Roshan | Sept 17, 2025

10 Most Expensive European Cities For Renters Right Now

For most of us, rent isn’t just another bill—it’s the monster devouring a huge slice of our paychecks. And in some European cities, the numbers are so staggering they leave even seasoned renters gasping for air.

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Deloitte’s 2025 Property Index reveals the European cities where everyday living comes with an unmistakable luxury price tag. From booming financial hubs to buzzing cultural capitals, rents here soar high enough to test even the strongest budgets. Take a look…

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1. Luxembourg City, Luxembourg Average Monthly Rent: €43.40/sqm

A wealthy financial hub where international demand drives rents sky-high, making the city a playground of luxury with limited affordability.

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2. Paris, France Average Monthly Rent: €32/sqm

Romantic charm meets reality—small apartments, stunning boulevards, and a lifestyle that demands sacrifice as rents keep stretching household budgets.

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3. Dublin, Ireland Average Monthly Rent: €31.70/sqm

A booming tech economy collides with chronic housing shortages, leaving renters scrambling for homes in one of Europe’s tightest markets.

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4. Barcelona, Spain Average Monthly Rent: €29.90/sqm

Sunshine, sea, and global appeal attract expats and tourists alike, pushing demand for housing beyond what locals can comfortably afford.

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5. Oslo, Norway Average Monthly Rent: €27.30/sqm

Norway’s capital balances breathtaking landscapes and high salaries with soaring rents, making affordable living a challenge despite the quality of life.

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6. Madrid, Spain Average Monthly Rent: €27.10/sqm

Cultural vibrance and nightlife fuel demand in Madrid, but housing competition forces renters to sacrifice space and savings for location.

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7. Amsterdam, Netherlands Average Monthly Rent: €26.30/sqm

Picturesque canals and global connectivity make Amsterdam desirable, yet renters constantly face steep costs in one of Europe’s toughest housing markets.

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8. Copenhagen, Denmark Average Monthly Rent: €24.80/sqm

Stylish design and sustainable living attract many, but limited supply means renters often struggle to find homes within reasonable budgets.

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9. London, England Average Monthly Rent: €23.80/sqm

A global powerhouse where career dreams thrive, but relentless demand ensures renters face constant challenges in securing affordable accommodation.

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10. Galway, Ireland Average Monthly Rent: €22.90/sqm

Charming streets and cultural energy make Galway appealing, yet soaring demand has extended Ireland’s housing crunch well beyond its capital.

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