Rentals · Setúbal
Apartments for rent in Setúbal
Setúbal has emerged as one of the fastest-growing rental markets in the Lisbon Metropolitan Area, benefiting from price pressure in the capital and improved road and rail links. Apartment rentals in Setúbal are increasingly attracting workers from Lisbon looking for more affordable rents 40-50 minutes away, a trend accelerated by the spread of remote work since 2020.
- Data updated: 1 June 2026
- Confidence: High
- Annual trend: +7.0%
Market prices
How much does it cost to rent apartments in Setúbal
- Minimum rent per month
- €600
- Median rent per month
- €900
- Maximum rent per month
- €1,400
- Price per m² (monthly rent)
- €10/m²
- Demand index
- Medium-high
- Year-on-year change in the median rent
- +7%
Apartments in Setúbal are split between the renovated historic centre, the Sado riverfront and the modern developments on former industrial land. Setúbal's riverfront has seen significant price growth as old industrial buildings are converted into housing. The older historic centre offers lower prices but with lower-quality infrastructure.
The market in Setúbal
Key facts
Population
121,185 residents (2021 Census), district capital
Rental share
36% of Setúbal households live in rented housing
Market trend
Growth driven by spillover from Lisbon; prices have risen 35% in 4 years
Top areas
Frente Ribeirinha, Centro Histórico, Bairro Azul, Gambia-Pontes-Alto da Guerra, Praias
Average commute
45-minute train to Lisbon (Setúbal/Fertagus line); 35 minutes via the A2 motorway
Demand profile
Industrial workers, professionals relocating from Lisbon, young low-to-middle-income families
Practical guide
Practical guide to renting in Setúbal
Tips for landlords
- In Setúbal, proximity to the Fertagus line (25 de Abril Bridge) or the regional train is the main value driver
- Highlight the commute time to Lisbon in listings
Tips for tenants
- The Setúbal-Lisbon train pass costs €55-65/month
- Include this cost in your budget when comparing rents with Lisbon
FAQ
Frequently asked questions — Setúbal
What is the average rental price of apartments in Setúbal?
The median rental price of an apartment in Setúbal is €900/month in 2026. Prices range from €600/month (oldest apartments in the historic center) to €1,400/month (new apartments at riverfront of Sado).
Is Setúbal a good alternative to Lisbon to rent?
For those who work in Lisbon 2-3 days a week or remotely, Setúbal offers savings of €400-600/month on rent compared to Lisbon. Train connections (Fertagus, 45 minutes) and the A2 motorway are reasonable. Quality of life is high, with access to Arrábida Natural Park and the Costa Azul beaches.
Are there new-build properties for rent in Setúbal?
Yes, Setúbal has several new-build projects underway, especially on the riverfront and in converted industrial areas. These new apartments offer energy efficiency (A or A+ rating), a garage and modern amenities, with rents between €1,100 and €1,400/month.
Find out the fair value of your property
Get an instant estimate based on real data from the Setúbal market.