Vienna on the edge of the living crisis: rents rise, apartments are missing!

Vienna on the edge of the living crisis: rents rise, apartments are missing!

in Vienna, the enchanting capital of Austria, is a residential crisis that accepts alarming trains in the first half of 2025. According to Ziarulromanesc.at , only a little more than 10,000 new apartments were completed during this period. In comparison, there were more than 12,000 in 2024 and even over 14,000 in 2023. This declining trend in housing is particularly affected by the rental sector, where many developers are increasingly deciding to sell apartments instead of building them for rental.

In recent years, the demand for rental apartments in the city has increased continuously, while availability is decreasing at the same time. This situation is further tightened by political interventions, such as the rental price brakes, the landlords to refrain from renting. The construction projects in the Floridsdorf (21), Donaustadt (22), Favorites (10) and Liesing (23), Donaustadt (23), while the central, historical locations hardly offer any building grounds are currently particularly in demand. With such a development, one should not be surprised that the rental prices are increasing.

cost trap rental prices

The forecasts for 2025 indicate an average price increase of 2.4 % for condominiums, while rental prices are expected to increase by 7.3 %. As Ziarulromanesc.at , the continuing demand, coupled with a stagnant range of new apartments, could further exacerbate the location on the housing market in the near future. The very low vacancy rate is another indication of the tense situation.

In order to successfully rent an apartment in Vienna in this tense market situation, it is important to consider some tips. According to jurnalulomanesc.eu know exactly. The prices are particularly high in central locations and near public transport, while less expensive alternatives can be found in the outskirts.

tips for prospective tenants

• Market knowledge: use specialized websites such as WillbaS.at or ImmobilienScout24.at to get an overview.
Note
• Additional costs: ask about additional costs such as water, electricity and heating costs, which are often not included in the rent.
Understand
• contracts: long -term rents are common and it is advisable to get support for necessary translations.
• deposit: prepare for a deposit of 2-3 monthly rents and document any defects.
• Security of the residential area: check the security and accessibility of the neighborhood. Popular, quieter quarters are, for example, Hietzing and Landstrasse.
• regulations: Find out more about your rights as a tenant because these are legally protected.
• Help from real estate agencies: They can provide valuable support when looking for a suitable apartment, even if they may request fees.

For more detailed information about the current price range and other market analyzes, also visit Immopreise.at .