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How much does it cost to rent a apartment in Porto?

The median asking price for apartments in Porto is 16 €/m² per month. Measured across 5.376 on-market listings.

Median price per m²
16 €/m²/mo
Middle half: 13 to 21
Typical asking price
1.200 €/mo
78 m²
Listings measured
5.376

How prices are spread

Hover a bar to see how many listings sit in that price range.
81649
Below the medianAbove the medianMiddle half: 13 to 21
Distribution of asking prices per square metre across 5.376 listings, from 8 to 49 €/m² per month, with a median of 16.

The apartment market in Porto

Apartments in Porto are currently asking a median of 16 €/m² per month. Half of them are listed between 13 €/m² per month and 21 €/m² per month. A typical listing asks 1.200 €/month for 78 m².

Put in context, and 6% below the national median for apartments.

Porto is not one market. Across its 12 measurable municipalities, the most expensive is Porto at 18 €/m² per month and the cheapest is Penafiel at 10 €/m² per month. Picking the right municipality matters more here than timing the market.

Price by municipality

Area€/m² per monthListings
Porto182.980
Matosinhos16712
Vila Nova de Gaia15992
Maia13198
Vila do Conde1390
Santo Tirso1314
Póvoa de Varzim12137
Gondomar12113
Valongo1147
Paredes1138
Amarante1012
Penafiel1015

Price by typology

TypologyMedian rent (€/mo)€/m² per month
T090024
T11.00018
T21.30014
T31.60013
T42.30013

Smaller homes cost more per m². A T1 above a T3 on €/m² is normal, so compare the price column when you are choosing a size, and the €/m² column when you are comparing areas.

Gross rental yield

4.8%

Median rent of 16 €/m² per month against a median sale price of 3.964 €/m².

Gross: before costs, taxes and vacancy.

1051 properties in Porto are listed below their comparables

That is how many on-market listings here are asking less per m² than the nearest similar properties. Tell us what you are looking for and we will show you which ones, and alert you the moment a new one appears.

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See the 1.051 below market

Frequently asked questions

What is the price per m² for apartments in Porto?
The median asking price is 16 €/m² per month, across 5.376 on-market listings. Half of all listings fall between 13 €/m² per month and 21 €/m² per month.
How much does a apartment cost in Porto?
The median asking price is 1.200 €/month for a typical 78 m². This is what sellers are asking today, not what buyers finally paid.
Which areas of Porto are cheapest?
Across the 12 measurable municipalities in Porto, the cheapest per m² is Penafiel at 10 €/m² per month and the most expensive is Porto at 18 €/m² per month. The full ranking is in the table above.
How much does a T2 or T3 cost in Porto?
Median asking price by typology: T0: 900 €/month, T1: 1.000 €/month, T2: 1.300 €/month, T3: 1.600 €/month, T4: 2.300 €/month. Smaller homes cost more per m², so use these prices to compare sizes and the price per m² to compare areas.
What is the rental yield in Porto?
The gross yield for apartments in Porto is about 4.8%. That is a median rent of 16 €/m² per month against a median sale price of 3.964 €/m². Gross means before costs, taxes and vacancy.

Other property types here

Asking prices across every major Portuguese property portal, each property counted once. Updated daily.

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