Poland leads the rise in rents across Europe
15:19
The increase in the rents that tenants pay to landlords in Poland is among the highest in Europe. According to information collected by the EU statistical office, tenants in Poland had to pay 17.7 percent more to their landlords in September than a year earlier.
Among EU countries, flat rent became more expensive only in Estonia (by 26.9 percent compared to September 2021), Slovenia (19.7 percent), and Lithuania (18.6 percent).
How big a gap these countries have with the rest of the EU is evidenced by the fact that the average increase in rents for the EU as a whole was 2.2 percent y/y in September.
Rents in Poland are also among the fastest-growing in Europe when compared with non-EU countries. The undisputed leader is the country with the highest inflation on the Old Continent, Turkey. There, rents rose by 36.2 percent over the past year. Serbia also jumped ahead of Poland with a 21.3 percent increase in rates.