Exploring Austrian Flat Costs: A Comprehensive Guide

how much does the average austrian flat cost

Austria is a popular place to live, but it is also an expensive one. The average price of a single-family home in Austria is around €2,578/m². The average cost of a furnished apartment in one of Austria's major cities, such as Vienna, Innsbruck, and Salzburg, is around €1,380 per month. Innsbruck was the most expensive Austrian city to buy an apartment in, with average values of €7,650 per square meter in the third quarter of 2023.

Characteristics Values
Average cost of a furnished apartment in major Austrian cities €1,380 per month
Average cost of a one or two-bedroom apartment in major Austrian cities €700-€1,300 per month
Average price per square meter for an apartment in Austria €3,889
Average price per square meter for an apartment in Innsbruck €7,650
Average price per square meter for an apartment in Graz €4,450
Average price per square meter for an apartment in Vienna €5,370
Average price per square meter for a house in Austria €2,578
Average price for a single-family home in Austria €386,250

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The average price of a flat in Austria is €3,889 per square meter

Innsbruck is the most expensive Austrian city to buy an apartment in, with average values of 7,650 euros per square meter in the third quarter of 2023. The price of an apartment in Graz was significantly lower at 4,450 euros per square meter. The Austrian capital, Vienna, is one of the country's most desirable places to live. The average price of an apartment in Vienna for the first quarter of 2021 was €5,370/m².

The most expensive real estate prices are in Salzburg, Tyrol and Vorarlberg regions. The average cost of a furnished apartment in one of Austria's major cities, such as Vienna, Innsbruck, and Salzburg, is around 1,380 EUR (1,523 USD) per month. As rental leases are usually three years long in Austria, short-term rentals are hard to come by. If you rent, you will pay between an average of €700 and €1,300 per month for a one or two-bedroom apartment in major Austrian cities.

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The average cost of a furnished apartment in a major Austrian city is €1,380 per month

The Austrian capital, Vienna, is one of the country's most desirable places to live. The average price of an apartment in Vienna for the first quarter of 2021 was €5,370 per square meter. The most expensive real estate prices are in the Salzburg, Tyrol and Vorarlberg regions.

If you are looking to rent an apartment in a major Austrian city, you can expect to pay between €700 and €1,300 per month for a one or two-bedroom apartment.

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Innsbruck is the most expensive Austrian city to buy an apartment in, with average values of €7,650 per square meter

The average cost of an apartment in Austria is €3,889 per square meter. However, prices vary significantly depending on the location. For example, Innsbruck was the most expensive Austrian city to buy an apartment in, with average values of €7,650 per square meter in the third quarter of 2023. In comparison, the price of an apartment in Graz was significantly lower at €4,450 per square meter.

Innsbruck is located in the Tyrol region, which is known for its high real estate prices. The city is a popular tourist destination and offers a high quality of life, which contributes to the high cost of living.

The average cost of a furnished apartment in one of Austria's major cities, such as Vienna, Innsbruck, and Salzburg, is around €1,380 per month. However, rental leases are usually three years long in Austria, so short-term rentals are not common.

It is worth noting that Austria has some of the highest average prices per square meter in Europe. People pay an average of €4,457 per square meter for residential property. This is due to the high demand for housing and the limited supply, especially in desirable locations.

Overall, while the average cost of an apartment in Austria is high, there are significant variations between different cities and regions. Innsbruck stands out as the most expensive city, with prices reaching almost double the national average.

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The average price of a single-family home in Austria is €2,578 per square meter

The price of a home in Austria varies depending on the location. In 2021, the average price for an apartment in Vienna was €5,370 per square meter, while in Innsbruck, the average price was €7,650 per square meter. The most expensive real estate prices are in the Salzburg, Tyrol and Vorarlberg regions.

In comparison, renting an apartment in one of Austria's major cities, such as Vienna, Innsbruck or Salzburg, will cost you around €1,380 per month. However, it is worth noting that rental leases are usually three years long in Austria, so short-term rentals are not common.

Austria has some of the highest average prices per square meter in Europe, with people paying €4,457 per square meter for residential property. Despite this, homeownership rates in Austria are relatively low, with around 60% of Austrians owning their homes.

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The average price per square meter for a house in Austria is €4,457

Innsbruck is the most expensive Austrian city to buy an apartment, with average values of 7,650 euros per square meter in the third quarter of 2023. The price of an apartment in Graz was significantly lower at 4,450 euros per square meter. The Austrian capital, Vienna, is one of the country's most desirable places to live. The average price of an apartment in Vienna for the first quarter of 2021 was €5,370/m².

The most expensive real estate prices are in the Salzburg, Tyrol and Vorarlberg regions. The average cost of a furnished apartment in one of Austria's major cities, such as Vienna, Innsbruck, and Salzburg, is around €1,380 per month. If you rent, you will pay between an average of €700 and €1,300 per month for a one or two-bedroom apartment in major Austrian cities.

Frequently asked questions

The average cost of a furnished apartment in one of Austria's major cities, such as Vienna, Innsbruck, and Salzburg, is around €1,380 per month. In other cities, the average rent for a one or two-bedroom apartment is between €700 and €1,300 per month.

The average price per square meter for an apartment in Austria is €3,889. In Innsbruck, the most expensive city to buy an apartment, the average price per square meter is €7,650. In Graz, the average price per square meter is €4,450.

Austria has some of the highest average prices per square meter in Europe. People pay €4,457/m² for a residential property.

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