Rent price in Lisbon — median rent and trend (2026)
Aluseg Rent Index · Data: INE, Q1 2026 · Updated July 2026
- Median rent for a T2 (Q1 2026)
- 1,617€
- Year-on-year change (2026-Q1 vs. 2025-Q1)
- +8.9%
- Quarter-on-quarter change (2026-Q1 vs. 2025-Q4)
- +5.2%
- Rank among the 24 urban municipalities
- No. 1 / 24
The indicator is the median rent for new contracts (not the average) — see the methodology. Geographic level: municipality.
Current rent price in Lisbon
| Indicator | Value | Period |
|---|---|---|
| Median rent for a T2 (municipality of Lisbon) | €1,617 | Q1 2026 |
| Year-on-year change | +8.9% | 2026-Q1 vs. 2025-Q1 |
| Quarter-on-quarter change | +5.2% | 2026-Q1 vs. 2025-Q4 |
| Annual median rent for a T2 | €1,491 | Year 2025 |
| Annual change | +3.0% | 2025 vs. 2024 |
| Rank among the 24 urban municipalities | 1st (most expensive) | Q1 2026 |
Rent trend in Lisbon
- 2025 Q1€931
- 2025 Q2€979
- 2025 Q3€996
- 2025 Q4€1,012
- 2026 Q1€1,002
The quarterly series above aggregates the 24 urban municipalities — not just Lisbon. It serves as a reference for the trend in the urban market.
Prices by property type (Portugal)
Medians by property type are available at national level (Portugal). This edition of the Index does not publish medians by property type at the level of each municipality.
| Property type | 2024 median | 2025 median | Change |
|---|---|---|---|
| T0 | €408 | €439 | +7.5% |
| T1 | €623 | €670 | +7.5% |
| T2 | €683 | €734 | +7.4% |
| T3 | €824 | €885 | +7.3% |
| T4+ | €846 | €909 | +7.4% |
As a positioning reference: a T2 in Lisbon costs more than double the national median for a T2 (€1,617 in Q1 2026 vs. €734 in the 2025 annual median).
Where is renting most expensive in the Lisbon region?
Values by municipality (not by neighbourhood) in the Lisbon Metropolitan Area and neighbouring municipalities, ranked by median rent for a T2 in Q1 2026:
| # (24 urban) | Municipality | T2 rent (2026-Q1) | Year-on-year | Quarterly |
|---|---|---|---|---|
| 1 | Lisbon | €1,617 | +8.9% | +5.2% |
| 2 | Cascais | €1,424 | +3.9% | -5.1% |
| 3 | Oeiras | €1,370 | +7.6% | +1.3% |
| 4 | Almada | €1,278 | +18.3% | +2.1% |
| 7 | Odivelas | €1,163 | +5.3% | -5.3% |
| 8 | Amadora | €1,136 | +4.3% | -2.0% |
| 10 | Loures | €1,052 | +9.2% | -7.0% |
| 11 | Seixal | €1,043 | +3.9% | -1.9% |
| 12 | Vila Franca de Xira | €1,035 | +11.2% | -1.3% |
| 13 | Sintra | €1,016 | +5.3% | -3.9% |
| 14 | Setúbal | €1,007 | +4.2% | -2.3% |
The 2026 pattern is clear in the data: the centre (Lisbon) keeps rising, while much of the periphery fell over the quarter — Loures (−7.0%), Odivelas (−5.3%), Cascais (−5.1%) and Sintra (−3.9%) recorded the sharpest quarterly falls in the region.
Where rents rose most in the Lisbon region
Year on year, the biggest rises in the region in Q1 2026 are on the south bank and along the peripheral corridors: Almada (+18.3%), Vila Franca de Xira (+11.2%) and Loures (+9.2%) — all above Lisbon itself (+8.9%).
In the 2025 annual series, Azambuja was the municipality in the Lisbon district with the biggest rise: +22.0%, to €709 for a T2 — the 8th-largest increase in the country.
Lisbon compared
- Lisbon€1,617 · +8.9%
- Porto€1,186 · +6.6%
- Coimbra€854 · +6.9%
- Braga€762 · +4.2%
- Urban median€1,002 · +7.7%
| Municipality | T2 rent (2026-Q1) | Year-on-year | Quarterly | Rank (24 urban) |
|---|---|---|---|---|
| Lisbon | €1,617 | +8.9% | +5.2% | 1st |
| Porto | €1,186 | +6.6% | +0.3% | 6th |
| Coimbra | €854 | +6.9% | +0.4% | 17th |
| Braga | €762 | +4.2% | -2.2% | 20th |
No median rent is published for the municipality of Faro in this edition — see the district-level analysis in rents in the Algarve (Faro district).
Frequently asked questions
What is the average rental price in Lisbon?
The Aluseg Rent Index publishes the median rent, which is more robust than the average: in Q1 2026, the median for a T2 in the municipality of Lisbon was €1,617. Median means that half of new contracts came in below this value and half above.
How much have rents in Lisbon risen over the past year?
The median rent for a T2 in Lisbon rose +8.9% year on year (Q1 2026 compared with the same quarter of 2025). In the annual series, the 2025 median (€1,491) rose +3.0% compared with 2024.
Is Lisbon the most expensive municipality in Portugal to rent in?
Yes. Among the 24 urban municipalities in the INE quarterly series, Lisbon has the highest median T2 rent (€1,617), ahead of Cascais (€1,424) and Oeiras (€1,370).
How much does it cost to rent a T1 in Lisbon?
This edition of the Index does not publish medians by property type at municipality level. Nationally, the median rent for a T1 was €670 in 2025 (+7.5% compared with 2024). In Lisbon, prevailing rents are above the national medians, as the T2 shows.
How is the Aluseg Rent Index data calculated?
From 42,037 residential rent records (primary source: INE), aggregated into medians by municipality, district and property type. The values refer to new contracts. See the full methodology.
How often are prices updated?
With each new quarter of the INE series. This edition (July 2026) includes data through Q1 2026.
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Methodology
The Aluseg Rent Index aggregates median residential rents by municipality, district and property type, from 42,037 records. Primary source: INE (Statistics Portugal) — Instituto Nacional de Estatística (residential rents, 2024 and 2025; quarterly series through Q1 2026). The values on this page refer to the T2 property type, the most representative of the rental market, and relate to new contracts — they do not reflect the rents of contracts already in force, whose annual update is capped at the legal coefficient (2.24% in 2026).
The indicator is the median (the central value: half of contracts 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 values on this page refer to the municipality of Lisbon; regional aggregates always state the geographic level (municipality or district).
Update frequency: with each new quarter of the INE series. Current edition: data through Q1 2026 (July 2026 edition). Full methodology and national series in the Aluseg Rent Index.
Data for journalists
The Aluseg Rent Index data on rents in Lisbon is free to use for editorial purposes, with citation 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). Cuts by district, municipality or property type available on request: hello@aluseg.com. Full national tables in the Aluseg Rent Index.
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National data
Market guide
For practical context on renting and putting a property on the market, see the rental market guide for the Lisbon district.