Rental prices in Lisbon have seen a steady increase, with the average price per square meter reaching €5,038 in the first quarter of 2025. This growth is driven by sustained demand, particularly in central districts, despite early signs of market stabilization.
One-bedroom apartments in the city center typically range from €1,200 to €2,000 per month, while two-bedroom units can cost between €1,800 and €3,500. In contrast, similar apartments in the outskirts start at approximately €800, offering more affordable options for long-term renters.
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Neighborhoods with High Rental Availability
Certain Lisbon neighborhoods currently offer a higher supply of rental properties, providing prospective tenants with more choices:
Benfica: A residential area known for its family-friendly environment and accessibility, Benfica presents a variety of rental options at more moderate prices.
Ameixoeira: This neighborhood offers a tranquil setting with a growing number of available apartments, appealing to those seeking a quieter lifestyle.
Belavista: With its diverse housing stock, Belavista provides numerous rental opportunities, often at more competitive rates compared to central districts.
Laranjeiras: Known for its green spaces and community feel, Laranjeiras has a notable inventory of rental properties suitable for various budgets.
These areas are particularly attractive to renters looking for more space or affordability without straying too far from the city's core.
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Neighborhoods Featuring Attractive Apartments
For those interested in aesthetically pleasing and well-appointed apartments, several Lisbon neighborhoods stand out:
Chiado: A cultural hub, Chiado boasts beautifully renovated apartments that blend historic charm with modern amenities.
Príncipe Real: Known for its elegant architecture and vibrant atmosphere, this area offers stylish residences with unique character.
Graça: Perched atop one of Lisbon's hills, Graça features apartments with stunning city views and a blend of traditional and contemporary designs.
Estrela: This neighborhood is home to spacious apartments, often with balconies or terraces, set amidst picturesque streets and gardens.
These districts are ideal for renters seeking properties with distinctive features and a strong sense of place.
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Conclusion
Lisbon's rental market in May 2025 reflects a city balancing high demand with evolving supply dynamics. While central areas continue to command premium prices, neighborhoods like Benfica and Laranjeiras offer more abundant and affordable rental options. Simultaneously, districts such as Chiado and Príncipe Real cater to those seeking visually appealing and character-rich apartments. Prospective renters are encouraged to explore these diverse neighborhoods to find accommodations that best suit their preferences and needs.
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