In the five largest Dutch cities, the average price per square meter of rental housing in the unregulated sector increased in the first quarter of 2023 compared to the same period last year, according to the housing platform. Pararius.
The Hague won the percentage increase. Rental housing prices in The Hague rose by 6.4% in the first quarter of 2023 compared to the same period last year. The price per square meter in The Hague topped 18 euros for the first time, and the new tenant paid him 18.19 euros per square meter per month.
In Amsterdam, new tenants paid €25.68 per square meter per month, 5.8% higher for properties in the unregulated sector. In Rotterdam, rental properties in the unregulated sector increased by 4.8% year-on-year, with a new tenant paying €17.91 per month for his square meter. In Eindhoven, the price per square meter rose to €17.28 per square meter per month, 2.3 % higher than a year ago.
Since the introduction of the WOZ (property tax) cap in May 2022, the number of rental properties offered in the five largest cities has dropped significantly, but demand has increased.
https://www.thehagueonline.com/news/2023/07/10/average-rental-prices-rise-in-large-cities-in-the-netherlands-due-to-scarce-rental-offering Lack of rental properties in large Dutch cities drives up average rental prices