Rental Intelligence · Market benchmark

How Much Does It Cost to Rent in Portugal?

Compare rental costs across all 13 focus markets, grouped by region.

Describe the market segment

Currency
Area

Your selections apply to all 13 municipalities. Missing observations are shown as Not available; other segments are never substituted.

Q2 2026 · Apartments · All bedrooms · All property states · Monthly rents
MunicipalityObserved asking rentObserved contracted rentContracted rent per areaAverage property sizeIllustrative area-adjusted rent
Lisbon Area
Lisboa€1,935€1,646€20.00/m²89 m²€1,863
Cascais€2,068€1,724€19.00/m²94 m²€1,863
Oeiras€1,838€1,576€18.00/m²94 m²€1,665
Sintra€1,400€1,209€15.00/m²88 m²€1,386
Setúbal Area
Almada€1,215€1,151€16.00/m²76 m²€1,458
Setúbal€1,321€1,252€13.00/m²99 m²€1,260
Porto Area
Porto€1,308€1,255€16.00/m²85 m²€1,449
Matosinhos€1,335€1,107€15.00/m²77 m²€1,494
Vila Nova de Gaia€1,338€1,186€14.00/m²87 m²€1,341
Northern & Central Cities
Braga€1,069€928€11.00/m²94 m²€1,062
Coimbra€883€845€12.00/m²81 m²€954
Algarve
Faro€1,872€1,372€14.00/m²105 m²€1,584
Loulé€1,792€1,579€18.00/m²91 m²€1,755

Illustrative area-adjusted rent is an AGTP calculation: observed asking rent per m² × your entered 90 m². It is separate from observed monthly averages and is not a property valuation. Asking and contracted series represent different sets of properties.

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Editorial analysis: The American’s Guide to Portugal
Updated
Data period: Q2 2026.

Source: Confidencial Imobiliário, SIR. Interpretation and calculations: AGTP. Thirteen selected markets; not a nationally representative index. Read the definitions and limitations.