New lease rents, not asking prices.
Key figures
Faro vs Loulé at a glance
- Median per m² in Loulé vs Faro (2025)
- +23.6%
- 85 m² T2 per month, Faro vs Loulé (estimate)
- €780 vs 965
- Change in a year (2024 → 2025): Faro vs Loulé
- +8.3% vs +8.6%
- National rank: Faro vs Loulé
- 30th vs 12th
Side by side
| Indicator | Faro | Loulé | Loulé vs Faro |
|---|---|---|---|
| Median per m² (2025) | €9.67/m² | €11.95/m² | +23.6% |
| 85 m² T2 per month (estimate) | €780 | €965 | +23.6% |
| Change 2024 → 2025 | +8.3% | +8.6% | +0.3 p.p. |
| 12 months to Q2 2026 | €10.29/m² | €12.33/m² | +19.8% |
| National rank | 30th / 247 | 12th / 247 | |
| New leases (2025) | 1,169 | 1,603 | +37.1% |
The last column is the second city against the first. The T2 rent is an Aluseg estimate (median per m² × size × 85 m²); every other figure is INE's.
Median rent per m² (2025)
- Faro€9.67/m²
- Loulé€11.95/m²
Green = the cheaper one, amber = the dearer one. Bars start at zero.
An 85 m² T2 per month
- Faro€780
- Loulé€965
Aluseg estimate for an 85 m² T2.
Trend
Since 2020: Faro and Loulé
- Faro municipality
- Loulé municipality
- Portugal
Show every year's values
| Year | Faro municipality | Loulé municipality | Portugal |
|---|---|---|---|
| 2020 | 6.56€/m² | 7.48€/m² | 5.79€/m² |
| 2021 | 6.72€/m² | 7.74€/m² | 6.31€/m² |
| 2022 | 7.50€/m² | 8.80€/m² | 6.88€/m² |
| 2023 | 8.02€/m² | 9.93€/m² | 7.62€/m² |
| 2024 | 8.93€/m² | 11.00€/m² | 8.47€/m² |
| 2025 | 9.67€/m² | 11.95€/m² | 9.29€/m² |
Since 2020, the median in Faro moved +47.4% and in Loulé +59.8%: Loulé rose faster.
Monthly rent from T0 to T4
| Size | Reference area | Faro | Loulé | Loulé vs Faro |
|---|---|---|---|---|
| T0 or T1 | 48 m² | €560 | €690 | +23.6% |
| T2 | 85 m² | €780 | €965 | +23.6% |
| T3 | 115 m² | €910 | €1,130 | +23.6% |
| T4+ | 145 m² | €910 | €1,130 | +23.6% |
Aluseg estimate: median €/m² (2025) adjusted by the gap between sizes INE measures and multiplied by a reference floor area. See the full note on the Faro and Loulé pages.
What the numbers say
Which is cheaper. Faro is 19.1% cheaper than Loulé: €9.67/m² against €11.95/m² (median of new leases, 2025). For an 85 m² T2 the gap is about €185 a month (€2,210 a year).
The trend. Between 2024 and 2025, the median rent in Faro moved +8.3% and in Loulé +8.6%, i.e. at the same pace. The dearer city is also the one rising faster, so the gap tends to widen.
The market. Faro ranks 30th of the 247 municipalities with INE data and Loulé 12th; 1,169 new leases were filed in Faro and 1,603 in Loulé in 2025.
In detail
Each municipality, with parishes, sizes and trend
FAQ: Faro vs Loulé
Where is renting cheaper: Faro or Loulé?
Faro is 19.1% cheaper than Loulé: €9.67/m² against €11.95/m² (median of new leases, 2025). An 85 m² T2 is about €780/month in Faro and €965/month in Loulé (Aluseg estimate).
Are rents rising faster in Faro or Loulé?
Between 2024 and 2025, the median moved +8.3% in Faro and +8.6% in Loulé. Since 2020, the cumulative change is +47.4% and +59.8%.
Where do these figures come from?
From INE (local housing rent statistics): the median €/m² of new leases filed with the Tax Authority, not asking prices from listings. The T2 rent is an Aluseg estimate. You can compare any other municipality.
Compare
Other popular comparisons
- Lisboa vs Porto€16.89/m² vs €14.13/m²
- Porto vs Braga€14.13/m² vs €8.38/m²
- Lisboa vs Cascais€16.89/m² vs €16.22/m²
- Coimbra vs Aveiro€9.19/m² vs €9.29/m²
- Lisboa vs Oeiras€16.89/m² vs €15.02/m²
- Porto vs Matosinhos€14.13/m² vs €12.11/m²
- Porto vs Vila Nova de Gaia€14.13/m² vs €10.61/m²
- Lisboa vs Sintra€16.89/m² vs €11.06/m²
- Lisboa vs Amadora€16.89/m² vs €12.76/m²
- Braga vs Guimarães€8.38/m² vs €6.45/m²
- Lisboa vs Almada€16.89/m² vs €12.98/m²
- Cascais vs Oeiras€16.22/m² vs €15.02/m²
- Porto vs Coimbra€14.13/m² vs €9.19/m²
- Lisboa vs Faro€16.89/m² vs €9.67/m²
- Braga vs Coimbra€8.38/m² vs €9.19/m²
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Sources and methodology
Source: INE (Statistics Portugal), Estatísticas de Rendas da Habitação ao nível local (Metodologia 2026) (indicators 0014773, 0014772, 0014711, 0014696, 0014707, 0014706, 0014704). Rents of new lease contracts declared to the Tax Authority, not asking prices from listings. Years 2020 to 2025; last-12-month series up to Q2 2026.
What is an Aluseg estimate: monthly rent by size (median €/m² × INE ratio by size × reference area) and the floor-area calculator. Every other figure is INE's, unchanged. A value INE does not publish (too few leases) shows as n/p and is never filled in by us.
Maps: administrative boundaries from CAOP 2025, Direção-Geral do Território (Portugal), CC BY 4.0, simplified by Aluseg.
Data extracted from the INE API on 11 October 2026. Download every value as CSV · Aluseg Rent Index
Photo (cropped): Arne Müseler, CC BY-SA 3.0 de, Wikimedia Commons