Lease Price in Porto

Median Rent and Evolution (2026)

Median rent for a 2-bedroom apartment in Porto: €1,186 in Q1 2026, +6.6% year-on-year. Evolution, AMP municipalities, and comparison with Lisbon, Braga, and Coimbra — Aluseg Rent Index (INE data).

Aluseg Rent Index · Data: INE, Q1 2026 · Updated July 2026

In Porto, the median rent for a 2-bedroom apartment is €1,186 in Q1 2026 — +6.6% year-on-year and practically stable (+0.3%) versus the previous quarter. It's the 6th most expensive municipality in the country.

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Median rent for a 2-bedroom apartment · Q1 2026

+ %

Year-on-year change (vs. Q1 2025)

+ %

Quarter-on-quarter change (vs. Q4 2025)

No. / 24

Most expensive municipality among the 24 urban areas in the INE series

The indicator is the median rent for new leases (not the average) — see methodology. Geographic level: municipality.

Current price in Porto

IndicatorValuePeriod
Median rent for a 2-bedroom apartment (Porto municipality)1.186 €Q1 2026
Year-on-year change+6,6%2026-Q1 vs. 2025-Q1
Quarter-on-quarter change+0,3%2026-Q1 vs. 2025-Q4
Annual median rent for a 2-bedroom apartment1.182 €2025
Annual change+6,0%2025 vs. 2024
Position among the 24 urban municipalities6thQ1 2026

Rent trend in Porto

Porto entered 2026 in stabilization: the quarter-on-quarter change was just +0.3%, after a 2025 in which the annual median rose +6.0% (to €1,182). Year-on-year, the market remains +6.6% above Q1 2025.

The pattern within the Porto Metropolitan Area is mixed: Matosinhos (+4.1%) and Maia (+1.9%) continued to rise during the quarter, while Vila Nova de Gaia (−4.8%) and Gondomar (−3.0%) pulled back. Across the district as a whole, the 2025 annual increase was +8.7% — above the national average (+7.4%).

Context: median rent for a 2-bedroom apartment across the 24 urban municipalities (INE quarterly series). Peak in Q4 2025.
Q1 2025
931 €
Q2 2025
979 €
Q3 2025
996 €
Q4 2025
1.012 €
Q1 2026
1.002 €

The quarterly series above aggregates the 24 urban municipalities — not just Porto.

Prices by typology (Portugal)

Medians by typology are available at the national level (Portugal). This edition of the Index does not publish typology medians at the municipality level.

Typology2024 median2025 medianChange
T0408 €439 €+7,5%
T1623 €670 €+7,5%
T2683 €734 €+7,4%
T3824 €885 €+7,3%
T4+846 €909 €+7,4%

As a point of reference: a 2-bedroom apartment in Lisbon costs more than double the national median for a 2-bedroom apartment (€1,617 in Q1 2026 vs. €734 in the 2025 annual median).

Where is it most expensive to rent in the Porto region?

Figures by municipality (not by neighbourhood) in the Porto Metropolitan Area, ranked by median rent for a 2-bedroom apartment in Q1 2026:

# (24 urban)MunicipalityT2 rent (2026-Q1)YoYQoQ
6Porto1.186 €+6,6%+0,3%
9Matosinhos1.056 €+12,3%+4,1%
15Vila Nova de Gaia902 €+6,8%-4,8%
16Maia887 €+12,5%+1,9%
18Gondomar801 €+13,0%-3,0%
21Santa Maria da Feira639 €+8,1%-0,4%

Porto costs €130/month more than Matosinhos and €284 more than Vila Nova de Gaia — but the region’s largest year-on-year increases are precisely on the outskirts: Gondomar (+13.0%), Maia (+12.5%), and Matosinhos (+12.3%).

Where rents rose the most in Porto district

In the 2025 annual series, two municipalities in Porto district ranked among the 15 largest increases in the country: Santo Tirso (+23.0%, to €500) and Felgueiras (+21.6%, to €440).

In Q1 2026, the strongest year-on-year increases in the AMP are Gondomar (+13.0%), Maia (+12.5%), and Matosinhos (+12.3%) — all above Porto itself (+6.6%).

Porto in comparison

Median rent for a 2-bedroom apartment by municipality — Q1 2026 (year-on-year change). “Urban median” = median of the 24 urban municipalities in the INE series.
Lisbon
1.617 € · +8,9%
Porto
1.186 € · +6,6%
Coimbra
854 € · +6,9%
Braga
762 € · +4,2%
Urban median
1.002 € · +7,7%
MunicipalityT2 rent (2026-Q1)YoYQoQPosition (24 urban)
Lisbon1.617 €+8,9%+5,2%1st
Porto1.186 €+6,6%+0,3%6th
Coimbra854 €+6,9%+0,4%17th
Braga762 €+4,2%-2,2%20th

Porto costs about 27% less than Lisbon for a 2-bedroom apartment (€1,186 vs. €1,617) and about 18% above the national urban median (€1,002).

Frequently asked questions

What is the average rent price in Porto?

The Index publishes the median rent (more robust than the average): in Q1 2026, the median for a 2-bedroom apartment in Porto municipality was €1,186.

How much have rents in Porto increased over the past year?

+6.6% year-on-year (Q1 2026 vs. Q1 2025). In the annual series, the 2025 median (€1,182) rose +6.0% versus 2024.

Is renting in Porto cheaper than in Lisbon?

Yes — the difference is €431/month for a 2-bedroom apartment (€1,186 in Porto vs. €1,617 in Lisbon, Q1 2026): Lisbon costs about 36% more.

Which is the cheapest municipality in the Porto Metropolitan Area?

Among the AMP municipalities included in the INE urban series, Santa Maria da Feira has the lowest median T2 rent (€639), followed by Gondomar (€801) and Maia (€887).

How is the Aluseg Rent Index data calculated?

From 42,037 housing rent records (primary source: INE), aggregated into medians by municipality, district, and typology. Figures refer to new leases. See the full methodology.

How often are prices updated?

With every new quarter of the INE series. This edition (July 2026) includes data through Q1 2026.

Methodology

The Aluseg Rent Index aggregates median housing rents by municipality, district, and typology, based on 42,037 records. Primary source: INE — Statistics Portugal (housing rents, 2024 and 2025; quarterly series through Q1 2026). The figures on this page refer to the T2 (2-bedroom) typology, the most representative of the rental market, and relate to new leases — they do not reflect the rents of existing leases, whose annual update is capped at the legal coefficient (2.24% in 2026).

The indicator is the median (the central value: half of leases fall below it, half above), which is more robust than the average in markets with extreme values. The year-on-year change compares with the same quarter of the previous year; the quarter-on-quarter change, with the immediately preceding quarter. The figures on this page refer to the municipality of Porto; regional aggregates always indicate the geographic level (municipality or district).

Update frequency: with every new quarter of the INE series. Current edition: data through Q1 2026 (July 2026 edition). Full methodology and national series at the Aluseg Rent Index.

Data for journalists

The Aluseg Rent Index data on rents in Porto is free to use for editorial purposes, with attribution and a link.

How to cite: “Source: Aluseg Rent Index (INE), Q1 2026.” — with a link to aluseg.com.

Last updated: July 2026 (data through Q1 2026). Breakdowns by district, municipality, or typology available on request: hello@aluseg.com. Full national tables at the Aluseg Rent Index.

Explore the Rent Index

National data:

Market guide

for practical context on renting and listing a property, see the rental market guide for Porto district.

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