Storia: Rents increased by 7% on average nationwide in April

Rents requested by landlords in April remained relatively stable compared to March (+1%), but compared to April 2024, a general upward trend is observed (+7%), according to an analysis conducted by Storia, the real estate platform launched by OLX.

The largest increases compared to last year are visible in Oradea, Cluj-Napoca and Iași.

“We have noticed that in many large cities rents continue to increase annually. In this context, the evolution of the exchange rate becomes an additional pressure factor, especially for tenants who pay in lei and take into account the exchange rate on the day of payment. Even a difference of RON 60 can matter, especially for those managing tight budgets, for students or young families. Although the fluctuation may seem relatively minor from the perspective of some, it comes at a time when many Romanians are already facing financial pressures due to inflation and high utility costs,” said Monica Dudău, Head of Marketing Real Estate Europe OLX Group (Storia and OLX Imobiliare).

Rents in Bucharest continue to be the highest in the country, with average prices of EUR 858 /month for three-room apartments, EUR 592 /month for two-room ones and over EUR 383/month for studios.