Of the five largest cities in the Netherlands, rental costs in Eindhoven rise the fastest.
Tenants pay €14.94/m2 per month, almost ten percent more than for the same size in 2018. This is the average price for rental houses in the private or free housing sector. It is getting closer to those in the Randstad, the most expensive region of the Netherlands.
There is a huge housing shortage in Eindhoven. There are plans to build 27,000 homes in Eindhoven’s Urban Area up until 2024. If supply and demand are balanced again, this price increase will probably drop off. Such are the predictions.
The supply and demand for fully furnished rental properties are high in Eindhoven. Many expats are searching for suitable living space in and around Eindhoven. As a consequence, they often look to municipalities such as Nuenen, Waalre or Veldhoven. Homeowners rent properties for shorter periods. Despite the price increases, sometimes there are 20 interested parties per available rental home.
Translator: Nicole Cullinan