If you are planning to move to Portugal, then you must know about the average rent in Portugal. It is likely to be one of your topmost priorities to find a house or apartment. You can face inflation because the prices are higher in Portugal, and the lack of affordable choices is increasing fastly.
Your experience about the average rent in Portugal, up to an extent, depends on your profession and source of income If you do a job there and are going to be living on a Portuguese salary, the expenses of living and average rent in Portugal will feel like a strain to you.
You can find different types of houses with an affordable average rent in Portugal like the common apartments that are located in all cities. Similarly, if you like to live in larger houses in peaceful locations and can afford them, you can choose to live in classical farms of Portugal, which are present in calm areas.
Average Rent in Portugal
We can walk you through some of the most popular methods for locating housing, whether you are looking to buy a property or rent houses and apartments. Let’s discuss what long-term rental agreements typically entail in this country, along with the paperwork required for both renting and purchasing.
You can search well-known vacation websites for short-term rentals in the interim. Since Portugal is a popular travel destination, there are many of short-term lodging alternatives available for when you first arrive and are getting settled.
According to the current statistics of Numbeo in June 2023, if your family is composed of four members, you are likely to spend 4000 Euros in a month. This amount can cover the average rent in Portugal alongwith the other expenses of living. If you have four thousand Euros to spend, you don’t need to worry about basic necessities of your routine life in Portugal.
It means that you can easily pay for your housing, utilities, transportation, food, healthcare, education, entertainment, and other costs.
However, the projected monthly cost of living for a single person wishing to reside in Portugal is about €1,500, including rental costs.
You should anticipate these sums to be higher if you are thinking about moving to Lisbon or Porto.
Average Rent in Portugal for Housing
The average rent in Portugal also includes your housing costs. This is your choice whether you buy a house or property to live or rent an apartment.
Buying a Property
To understand the average rent in Portugal in terms of buying a house or property, you must go through the research-based data from Idealista. Idealista is a well-known real estate website in Portugal that provides authentic information about the average rent in Portugal. The average price of purchasing a property with one hundred square meters in Portugal is €251,200.
A house of 100m2 can cost very different amounts, which vary from city to city.
Renting an apartment
The average rent in Portugal for a flat with 75 square meters is €1,057. However, this price is not final for all over the country because the average rent in Portugal can be different in different cities.
Average Rent in Portugal for Living
You can afford the cost of living and average rent in Portugal easily as compared to that in other states of Europe. You must do a comparative analysis of the average rent in Portugal and in other European countries before moving there.
Costs of Dining Out
In Portugal, there are options for every taste and budget when it comes to eating out. As a result, it also contributes to variations in the average rent in Portugal. These are some ballpark prices for dining out at various kinds of places:
- Cheap Restaurant: If you are searching for a meal of reasonable price, you should have a budget between €6 and €15 per person at a cheap restaurant. These places frequently serve informal dining and regional cuisine.
- Mid-range Restaurant for Two: This place can set you back between €25 and €70 for two people, but it offers a more refined eating experience. These restaurants frequently have a more extensive menu with options for both regional and foreign cuisines, as well as excellent service and a welcoming atmosphere.
- McDonald’s (or Equivalent): A regular lunch at a fast-food restaurant like McDonald’s can run you about €7 if you are in the mood for something quick and comforting.
Grocery Prices
When you are looking for the average rent in Portugal for living, you should always keep the cost prices of groceries under consideration. It is a significant aspect of the average rent in Portugal. In your routine, it would be wise to fix a budget of around 217 Euros for a whole month for your groceries from the amount of your average rent in Portugal.
You can cover the cost of food and kitchen items that are necessary to use in one month in this estimated amount from the average rent in Portugal. These essential things include vegetables, fruits, meat, dairy products, grains, and other necessary items for your household.
However, this is not a hard and fast rule that you are going to cover all your grocery expenses in the amount of 217 Euros. This amount can vary according to the circumstances and your way of spending the money. You know better than anyone else what the size of your family, your eating habits, and the frequency and style of your shopping are. All these elements have a great effect on how much you will spend on your groceries from your average rent in Portugal.
You will find fresh products in Portugal on very affordable prices particularly if you go to the smaller grocery stores or local markets for shopping. It is one of the main reasons for the popularity of Portugal.
Transportation
When it comes to the prices of transportation in Portugal, you will get diverse choices according to the specifications of your needs and the suitabilities of your budgets in this dynamic country.
The average rent in Portugal for your single oneway travel in approximately from 1.5 Euros to 2.5 Euros. You are supposed to pay this amount if you travel on public transport such as buses, metro, or trains. You can easily travel within any area or city in this fare.
There is a possibility that your profession or routine can demand you to travel on a daily basis, and you have a plan to use public transit frequently. If this is so, just don’t worry, as you have a cost-effective solution for it, which is to purchase a monthly pass. It can save you a lot of money on the average rent in Portugal.
The average rent in Portugal for a standard monthly pass is approximately €40. If you have this pass, you can spend your entire month traveling at your leisure inside a specific area or city.
Expenses of Utilities and Home Communication
You can study the statistics from Numbeo, which is a reliable source of information about the cost of living in Portugal. According to data obtained from it, if you live in an apartment or flat of 85 square meter, you will have to pay 111 Euros as the average rent in Portugal for cost of utilities in a month. This amount covers your basic utilities such as cooling, heating, electricity, water, and garbage services.
Now, let’s look at the average rent in Portugal in terms of home communications. You will have to pay 35 Euros for the monthly average rent in Portugal for the internet if you use it at a speed of 60 Mbps or more. Moreover, unlimited data and a connection of cable or ADSL is also available in this amount.
Average Rent in Portugal for Healthcare
Just like any other state, you have the option to choose one of the two healthcare systems in Portugal: public or private. The average rent in Portugal for healthcare services varies depending on which one you go for from both systems.
Public Healthcare (SNS)
Public healthcare, or SNS, is a primary healthcare system in Portugal that offers medical care to the citizens at a very comprehensive and reasonable price. The government of Portugal provides this service to save your expenses of healthcare from your budget for the average rent in Portugal.
While some services, such doctor visits or hospital stays, may require minimal payments from patients, overall expenditures in the SNS are typically far lower than those in private healthcare.
The SNS is the primary healthcare system in Portugal, providing comprehensive and affordable healthcare services to residents. While individuals may need to pay small fees for certain services, such as doctor’s appointments or hospital stays, overall costs within the SNS are generally much lower compared to private healthcare.
Private Healthcare
In Portugal, private healthcare comes with extra perks, including faster wait times, more specialists available, and better facilities. However, if you compare them with SNS, private healthcare services are more expensive. Depending on the exact treatment needed, the appointment fee of a private healthcare provider fee can range from €30 to €50.
Average Rent in Portugal for Education
For Portuguese citizens, public education is typically inexpensive or even free. For instance, public schools normally provide free elementary and secondary education, with the exception of a small amount of materials and textbooks.
A private preschool’s monthly cost might vary based on a number of criteria, including location, amenities, curriculum, and extra services, but you can budget between €250 and €550.
Depending on the school’s reputation and location, international primary school tuition in Portugal can range from €6,000 to €12,000 annually.
Cities Offering an Affordable Average Rent in Portugal?
Since it is mentioned that average rent in Portugal varies with respect to cities, let’s explore the cities where you can live easily without getting affected by inflation.
Braga
Braga is a northern city in Portugal and is well-known for its lively culture, extensive history, and affordable cost of living. If you choose to live in the center of this city, you will have to pay almost 470 Euros per month for living in an apartment of one bedroom apartment. This cost is almost 30% less as compared to the national average rent in Portugal.
The average rent in Portugal falls to about €350 outside of the center of the city, which is 40% less than the national average.
Coimbra
Coimbra, is the location of one of the oldest colleges of Europe, with a quaint ambiance and a reasonably priced way of life. In the city center, the average monthly rent for a one-bedroom apartment is about €500, which is about 25% less than the national average.
Glancing beyond the city center, the average rent in Portugal is about €400, which is 33% less than the national average.
Aveiro
Known for its colorful boats and charming canals, Aveiro offers foreigners an inexpensive place to live. A one-bedroom apartment in the city center costs, on average, €550 per month, which is around 10% less than the national average.
The average rent in Portugal outside of the city center is about €400, which is 20% less than the national average.
Leiria
Leiria, in central Portugal, provides an inexpensive, tranquil way of life. A one-bedroom apartment in the city center costs, on average, €450 per month, which is almost 20% less than the national average.
The average rent in Portugal decreases to about €350 outside of the city center, which is 33% less than the national average.
FAQs
How much does it cost to rent an apartment in Portugal?
The average rent in Portugal for an apartment of one bedroom in the center of the city can range from 500 Euros to 900 Euros per month. Whereas, if you opt to live outside the center of city, you may have to pay 400 Euros to 700 Euros as an average rent in Portugal. Prices may get increased in the areas that are popular for tourists or main cities like Lisbon and Porto.
Is it easy to find accommodation in Portugal?
Yes, it is relatively easy to find accommodation in Portugal. Rental properties are widely available, and you can choose from apartments, houses, or even traditional Portuguese villas.
What is the cost of living like in Portugal?
The average rent in Portugal is usually more affordable than many other European nations. Portugal is a desirable location for foreigners since, on average, the costs of housing, food, travel, and entertainment are low.
