Prague Is Now Among Most Expensive European Cities To Rent In

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London has been named the most expensive city for rental accommodation in Europe, for the third consecutive year

The second most expensive city to rent in Europe is Moscow, followed by Zurich, Geneva and Istanbul while Hong Kong is the most expensive in the world, according to the research from ECA International

Similarly, Eastern European cities have also seen sharp increases in rental prices with both Prague and Warsaw climbing over 10 places in our rankings compared with last year.

‘The local economies of Prague, Warsaw and similar major Eastern European cities have strengthened relative to the Eurozone as a whole in recent years. International companies are setting up or expanding their operations in these economies, bolstering demand for quality accommodation,’ said Alec Smith, ECA accommodation services manager.

These are Europe’s top 20 most expensive cities to rent a flat according to ECA International, with 2016 rankings in brackets:

  1. London
  2. Moscow
  3. Zurich
  4. Geneva
  5. Istanbul
  6. Kiev
  7. Paris
  8. Dublin
  9. Amsterdam
  10. Stockholm
  11. Luxembourg City
  12. Copenhagen
  13. St. Petersberg
  14. Oslo
  15. The Hague
  16. Rome
  17. Prague
  18. Basel
  19. Vienna
  20. Warsaw

Author: red

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