Sharp rise in local rental prices

Rent prices increase in Eindhoven, Too less houses, Too many Expat influx,
Photo Credit: Studio 040

Rental prices in Eindhoven rose sharply in the past year. This is evident from the figures from the independent housing platform, Pararius.

Prices have risen by almost nine per cent within a year. In the first half of last year, tenants paid more than €13.50/m2. This same space is now €1.20 more expensive.

According to Pararius, Eindhoven is the most expensive city in Brabant. In the ‘City of Light’, tenants have to pay more than in Den Bosch, Breda, and Tilburg, for example. However, there are vast differences in prices within the city: the prices are highest in the city centre area, while the north of the city is relatively cheaper. Stratum is relatively expensive.

“Due to the influx of expats, there remains a shortage in the housing market. This causes an increase in rental prices. Especially the centre of Eindhoven and everywhere within half an hour’s bike ride from the central station is popular”, explains a real estate agent at Van Goeth Vastgoed.

Source: www.studio040.nl

Translator: Chaitali Sengupta, who gives Dutch lessons in Meerhoven. Click here for more info.

Editor: Melinda Walraven

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