Rentals · Guimarães
Apartments for rent in Guimarães
Guimarães, the Cradle of the Nation and European Capital of Culture in 2012, has an apartment rental market driven by the University of Minho campus in Azurém and a strong textile and cutlery industrial cluster. With median prices of €550/month, Guimarães is one of the cities with the best quality-of-life-to-housing-cost ratio in northern Portugal, attracting young professionals and students looking for an alternative to Braga and Porto.
- Data updated: 1 June 2026
- Confidence: High
- Annual trend: +5.5%
Market prices
How much does it cost to rent apartments in Guimarães
- Minimum rent per month
- €380
- Median rent per month
- €550
- Maximum rent per month
- €800
- Price per m² (monthly rent)
- €7/m²
- Demand index
- Medium
- Year-on-year change in the median rent
- +5.5%
The most sought-after apartments in Guimarães are located in Azurém (near the university campus), in the UNESCO-listed historic centre and in Creixomil. The historic centre has undergone intensive renovation, with apartments in restored historic buildings commanding growing quality and price premiums. The surrounding industrial fabric guarantees stable residential demand independent of the academic calendar.
The market in Guimarães
Key facts
Population
162,660 inhabitants (2021 Census), the third most populous municipality in Braga district
Rental share
30% of households in Guimarães live in rented housing
Market trend
Moderate, consistent growth; renovation of the historic centre is adding value to the residential stock
Top areas
Azurém, Centro Histórico, Creixomil, Bairro da Costa, Urgezes, Pevidém
Average commute
20-minute average home-to-work commute (by car or urban bus)
Demand profile
Students from the Azurém campus, skilled industrial workers and middle-class families
Practical guide
Practical guide to renting in Guimarães
Tips for landlords
- In Guimarães, the Azurém university campus is the main demand driver
- Properties within 2 km of the campus stay virtually fully occupied throughout the academic year
Tips for tenants
- Guimarães is 22 km from Braga via the A11 (20 minutes) — many professionals rent in Guimarães and work in Braga, or vice versa
- Check the commute time from the property to your workplace
FAQ
Frequently asked questions — Guimarães
What is the average rental price of apartments in Guimarães?
The median rental price of an apartment in Guimarães is €550/month in 2026. Values vary between €380/month (simple apartments in Urgezes or Pevidém) and €800/month (apartments renovated in the historic centre or new ones in Azurém).
Does the historic center of Guimarães have apartments for rent?
Yes, the historic centre of Guimarães (a UNESCO World Heritage Site) has renovated apartments for rent, with rents between €500 and €800/month. These apartments have unique architectural features (exposed stone, medieval structure) and an exceptional location, but may have limitations in parking and accessibility.
Does Guimarães have industry that sustains the rental market?
Yes, Guimarães is the centre of one of the largest industrial concentrations in northern Portugal, with textile and clothing clusters, cutlery (Cabo Espichel), footwear and metalworking in Vizela and the surrounding area. This industrial base guarantees stable residential rental demand independent of the student market.
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